New Zealand’s resource development framework has serious problems and needs urgent reform, says BusinessNZ.
Minerals & Petroleum
Petroleum block offer welcomed
BusinessNZ has welcomed the announcement of block offer permit awards for petroleum exploration in offshore and onshore locations around Northland, East Coast, Taranaki and the South Island.
Oil & gas block offer good for business and communities
BusinessNZ says today’s announcement by the Government that designated blocks of land and sea are being made available to international companies for petroleum exploration is a welcome signal for investment in our economy.