Archive for January, 2010

NZ Gas Industry: Genesis Kupe Stake Tied Up In Asset Sale Political Knot

Genesis Energy is making no secrets in Govt circles that under new CEO Albert Brantley the SOE has no interest in remaining a player in the upstream gas market, and would willingly quit its 30% stake in the Kupe oil and gas field. Happily, this fits rather well with Energy and Resources Minister Gerry Brownlee’s […]

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Energy & Environment Sector Predictions: 2010 – What To Look Out For In The Energy & Environment Sectors

There will be plenty of big issues this year, not least how and whether it will be possible to get the international negotiations on climate change back on track. Climate Change Negotiations Minister Tim Groser says at this stage he has “no idea” how the world will move forward from the disappointments of the Copenhagen […]

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NZ Power Sector: Too Little New Generation Planned, EC Warns

In its draft system security analysis, which is out for comment until Jan 29, the Electricity Commission is warning electricity shortages may re-emerge as early as 2013. “There are … serious concerns about peak capacity during winter 2012, with capacity margins projected to be below the security threshold” on a variety of scenarios analysed from […]

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NZ Power Generation: Electricity Companies Should Breathe A Sigh Of Relief

Perhaps the most remarkable thing about Energy Minister Gerry Brownlee’s electricity reform package is to think what might have been. At the beginning of 2009, Brownlee’s approach to the sector was instinctively combative and unsympathetic. As a headstrong Minister in a new Govt, there was every chance he could have swayed the Cabinet towards a […]

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New Zealand Exploration: Kiwi Software In Seismic Survey Work

A Singapore firm contracted by the Govt to conduct a $12m seismic survey of the Pegasus Basin and several other potentially oil or gas bearing sub-sea structures is using software developed in Wellington by GNS Science business unit Globe Claritas to check the survey is going to plan. Globe Claritas COO David Darby estimated the […]

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