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EnergyStream News

19 Oct 17

By Neil Ritchie

19 Oct 17

By Neil Ritchie

28 Sep 17

By Neil Ritchie

Overseas interest in acquiring control of some of New Zealand’s major and mid-sized oil and gas companies continues.

Canadian listed Jadestone Energy is now thought to be another bidder for Royal Dutch Shell’s remaining New Zealand oil and gas assets, joining large listed multinational corporations such as fellow Canadian Vermilion Energy and Austrian giant OMV, Aussie listed Woodside Energy and even private company Greymouth Petroleum, in conjunction with global investment company KKR.

08 Sep 17

By Neil Ritchie

21 Aug 17

By Neil Ritchie

Consolidations – planned and possible – look to continue in the New Zealand energy industry as participants contemplate what the future may look like for the new and remaining participants.

Top of the hoped-for list is confirmation by Royal Dutch Shell regarding Shell New Zealand’s likely exit from this country as part of its parent’s review of its global operations.

21 Aug 17

By Neil Ritchie

14 Jul 17

By Neil Ritchie

Energy analysts and industry insiders are waiting for the imminent announcement by Royal Dutch Shell on the sale of its remaining New Zealand assets that could command a total sale price of $NZ1 billion or more.

Companies rumoured to be interested in some Shell New Zealand assets range from large listed multinational corporations such as Austrian giant OMV and Canada’s Vermilion Energy to smaller private New Zealand firms like Greymouth Petroleum.

16 Jun 17

By Neil Ritchie