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Source: Energy Resources Aotearoa The proposed Regulatory Standards Bill has been welcomed by Energy Resources Aotearoa as a useful tool in developing better public policy. The Bill was drawn from the members ballot at Parliament on Thursday. “This should help deliver better policy and better outcomes for New Zealanders,” says chief executive John Carnegie. “It just makes sense for any proposed legislation to be judged against a set of clear criteria to demonstrate its merits. It should be well founded and have gone through a robust process of development. “This is espe...

Press Release – Energy Resources Aotearoa Efforts to phase out coal and natural gas announced by the Government today are a blow to New Zealands energy security and well-being, according to Energy Resources Aotearoa. “Right now we are seeing major industries cutting back production … Efforts to phase out coal and natural gas announced by the Government today are a blow to New Zealand’s energy security and well-being, according to Energy Resources Aotearoa. “Right now we are seeing major industries cutting back production because of high energy prices, due in part to a temporary tig...

Supplied/Stuff OMV NZ has installed the largest electrically driven field compressor in New Zealand to help extend the life of the Pohokura gas field. The Petroleum Exploration and Production Association of New Zealand (PEPANZ) is now less of a mouthful following a name change to Energy Resources Aotearoa. The oil and gas sector lobbyist group will shorten its new name to Energy Resources if needed, and not abbreviate to ERA, to avoid any confusion with the Employment Relations Authority, known as the ERA. The new name reflected a “broader strategic approach” by the group to represent t...

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New Zealand is now heavily dependent on development and production in Taranaki, given the absence of affordable and realistic fuel sources to natural gas, he said. Carnegie said if NZOG had made a successful find of oil and gas from the field it could have helped lower emissions by replacing burning coal to generate electricity, power industry, provide employment and earn billions of dollars in taxes and royalties. Looming gas shortages have forced a third coal-fired electricity unit at Huntly power station to be restored. “This is a worrying foretaste of the future,” Carnegie said. ...