When liquefied natural gas, or LNG as it is more commonly known, is cooled to a certain temperature its volume shrinks by 600 percent, making it ideal for sea transportation and storage compared to compressed natural gas (CNG).
A potential giant oil or gas prospect identified in deep water about 50 kilometres offshore from Dunedin is a promising discovery.
Capturing methane generated from rotting household waste to produce energy has to be a win-win situation for ‘renewables’ and greenhouse gas emissions.
Origin Energy is well on its way to becoming a major integrated player in the New Zealand energy sector, says its new Kiwi country manager Chris Bush.
MAC BEGGS, the managing director of GeoSphere, puts oil and gas exploration in New Zealand into perspective.
A large source of frozen gas lies buried just under the seafloor off New Zealand’s East Coast and could provide a future resource of over eight trillion cubic feet of natural gas.
The Government’s proposed ban on new thermal power stations has cast a pall over the oil exploration industry.
Meter markets now include smart metering technology, opening up a growing area of differentiation and competitive conduct between energy firms, which can involve competition law issues.
After hearing the sheer number of opposing submissions made to the Finance and Expenditure Select Committee on the Climate Change (Emissions Trading and Renewable Preference), it will be a brave (or foolish) government that presses ahead with the proposed emissions trading scheme.
