New Zealand Petroleum and Minerals has granted an offshore petroleum exploration permit after a court-ordered reconsideration and released the Block Offer 2020 Invitation for Bids for onshore petroleum exploration in Taranaki.
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The Government previously consulted on a proposal to increase the use of sustainable liquid biofuels in New Zealand to reduce greenhouse gas (GHG) emissions from transport. The discussion document, produced by the Ministry of Business, Innovation and Employment and the Ministry of Transport, outlined the development of regulations to enact the Sustainable Biofuels Obligation.
This page contains data tables for oil production, transformation and consumption. It also includes some brief outlines of distribution and storage of oil products in New Zealand.
Specialist deep-sea divers have this week started work off the Taranaki coast to kickstart the second phase of the decommissioning of the Tui Oil Field which is being overseen by the Ministry of Business, Innovation and Employment (MBIE).
Submissions are closed on the discussion document for the Review of the Crown Minerals Act 1991. The review sought to ensure the Act’s settings contribute to mining that responsibly balances environmental, social, and economic considerations and meets the evolving needs of New Zealand’s society.
The Ministry of Business, Innovation and Employment (MBIE) is seeking feedback on an exposure draft of the proposed Crown Minerals (Petroleum) Amendment Regulations 2022 which give effect to the Crown Minerals (Decommissioning and Other Matters) Amendment Act 2021.
The Crown Minerals (Decommissioning and Other Matters) Amendment Act received Royal assent on 1 December 2021 and a number of new provisions are now in force.
The Government has developed a Resource Strategy for minerals and petroleum.
The Ministry of Business, Innovation and Employment is consulting on proposals for infringement offence regulations under the Crown Minerals (Decommissioning and Other Matters) Amendment Bill.
Consultation on the Draft Minerals and Petroleum Resource Strategy is now closed.