MBIE was directed by Cabinet to lead a review of the Treaty principles provisions in the Crown Minerals Act 1991 (CMA), separate to the review being undertaken by the Ministry of Justice (MOJ).
MBIE provides a weekly report to the Minister for Energy, here you can find our weekly reports from April 2024 onwards. We release these reports on a monthly basis.
The legislation establishes a regime to govern the construction, operation and decommissioning of offshore renewable energy developments.
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Offshore Renewable Energy Act now law
Offshore renewable energy is energy generated from a renewable source, such as wind, sunlight, waves or tidal currents, using developments located in, on, or under the sea.
MBIE is actively assessing the fuel security situation for New Zealand following the continuing events in the Middle East.
This page contains data on New Zealand's oil, natural gas, and LPG reserves. It has been compiled using annual summary reports submitted by permit holders.
We’re responsible for advising the Government on energy efficiency and renewable energy policy for New Zealand. The Energy Efficiency and Conservation Authority (EECA) is responsible for implementing programmes to improve the energy efficiency and increase the use of renewable energy by New Zealand homes and business.
The Māori and Public Housing Renewable Energy Fund was set up in 2020 to trial renewable energy solutions that aimed to improve energy affordability, and help create warm, healthy and energy efficient homes.
Annual petroleum reserves data released today by the Ministry of Business, Innovation and Employment (MBIE) shows as of 1 January 2026 New Zealand’s natural gas proven plus probable (2P) reserves declined 23% from last year to 731 petajoules (PJ), the lowest level since recording began 20 years ago, says Amapola Generosa, Domains Manager, MBIE.
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Gas reserves decline to lowest level on record
There are sufficient levels of fuel in New Zealand, and on the way. However, it is important we plan and prepare for the unlikely event of a prolonged global fuel shortage.
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Changes announced to Fuel Response Plan