Natural Resources

Less planning more building

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.

Less planning more building

Leadership on petroleum resources welcome

The award of 10 new exploration permits is a step towards better development of New Zealand’s petroleum resource with oil and gas resources having the potential to create significant economic growth and moves to responsibly develop them are in the national interest.