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This report provides information about New Zealand’s oil and gas industry, the contribution it makes to our economy, and its potential to lift our living standards. It provides detailed modelling and analysis that show how the economy might benefit if another petroleum basin was developed in a similar way to the Taranaki basin.

pdf, 2.2 MB

Science System Advisory Group

The Ministry of Business, Innovation and Employment convened a group of experts to provide advice on strengthening the science, innovation and technology system, including the challenges and aspirations of the sector, and opportunities for growth. This group has now finished its work.

Public Research Organisations

3 new future-focused science organisations, formed by merging and refocusing New Zealand’s 7 Crown Research Institutes, have been in place since 1 July 2025. These organisations will concentrate on key areas of national importance to deliver a science system that is more connected, more commercially focused, and better aligned with the needs of New Zealand.

Renewables

New Zealand's renewable energy supply increased on 2023 levels, with strong growth in geothermal, solar, and wind energy. The renewable share of total primary energy supply increased, driven by both higher renewable output and reduced production of non-renewable energy sources. Additionally, the renewable share of consumption also increased compared to 2023.