Phil Rennie

Posts by Phil Rennie for News:

14 October 2020

Global energy report shows crucial future role for natural gas

Demand for natural gas will continue to grow strongly in Asia over the coming decades, according to the International Energy Agency (IEA)’s new World Energy Outlook 2020.

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12 October 2020

New energy rankings highlight importance of balanced energy system

New Zealand’s 12th place ranking in the global energy trilemma shows the importance of a balanced energy system, says the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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10 September 2020

100% target needs to be evidence based

A goal of 100% renewable electricity needs to evidence-based and thoroughly tested, according to the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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21 August 2020

Increase in Kupe natural gas reserves good news for New Zealand

A 23% increase in estimated reserves at the Kupe natural gas field is very welcome news for New Zealand, says the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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20 August 2020

Reduced natural gas supply led to higher prices and emissions

Reduced use of natural gas in 2019 led to higher electricity prices, according to the annual Energy in New Zealand report released today by the Ministry of Business, Innovation and Employment.

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20 August 2020

New Chair of Electricity Authority welcomed

The appointment of Dr Nicola (Nicki) Crauford as Chair of the Electricity Authority has been welcomed by the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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23 July 2020

National New Energy Development Centre welcomed

The opening of the new energy development centre Ara Ake in New Plymouth today has been welcomed by the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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22 July 2020

New report highlights important energy questions

A new report is highlighting key energy challenges and opportunities facing New Zealand, in particular questions over our future supply of natural gas.

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09 July 2020

Educational campaign highlighting importance of natural gas

An educational campaign on the importance of natural gas to New Zealand’s economic recovery has been re-launched by the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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02 July 2020

Declining natural gas reserves a real concern

New official figures showing declining natural gas reserves are a real worry for New Zealand, according to the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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24 June 2020

Seismic survey policy should be evidence and science based

A proposed ban on seismic surveys is a disproportionate response to a non-existent problem, according to the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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22 June 2020

Gas sector-led collaboration to provide better information on any gas outages

A new industry-led disclosure code for natural gas producers comes into effect today, aimed at increasing information and transparency around any gas outages.

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02 June 2020

ETS changes need to be carefully implemented

Changes to the Emissions Trading Scheme (ETS) announced today need to be carefully implemented to avoid unnecessary economic damage, according to the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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13 May 2020

How the energy industry can boost Government’s economic plans

Careful changes to regulations could help New Zealand’s oil and gas industry earn increased royalties for the Government and aid the rebuild of our economy, according to the Petroleum Exploration...

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14 April 2020

New oil and gas discovery in Taranaki welcomed

The announcement of a positive result from OMV’s oil and gas exploration well in the Taranaki Basin is very exciting and promising news, says the Petroleum Exploration and Production Association...

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09 April 2020

New RMA climate change proposals increase cost and uncertainty

Proposals to expand the role of local councils into climate change mitigation under the Resource Management Act would add confusion, complexity and duplication, according to the Petroleum Exploration and Production...

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08 April 2020

Pohokura gas supply back online – great news for New Zealand

Natural gas from the Pohokura field is once again helping keep the lights on for New Zealand, thanks to outstanding speedy work by field operator OMV.

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02 April 2020

Natural gas keeping the lights on for New Zealand

New Zealand’s natural gas industry is continuing production through the nation-wide shutdown providing critical energy including electricity to homes, hospitals and essential services.

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30 March 2020

New report into petroleum exploration ban welcomed

A new report by the Parliamentary Commissioner for the Environment into the ban on new petroleum exploration permits outside onshore Taranaki has been welcomed by the Petroleum Exploration and Production...

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04 March 2020

Offshore rig protest was dumb and dangerous

The protest action against the COSL Prospector was dumb and dangerous, says the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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02 March 2020

KiwiSaver ban will cost New Zealanders and do nothing for climate change

A ban on KiwiSaver investment into fossil fuel companies will make New Zealanders poorer in retirement and do nothing for climate change, says the Petroleum Exploration and Production Association of...

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26 February 2020

New survey shows increased support for New Zealand’s oil and gas industry

The public’s view towards New Zealand’s oil and gas industry has markedly improved over the last two years, according to the latest survey on behalf of the Petroleum Exploration and...

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29 January 2020

Rushed ETS reform undermines climate change efforts

The rushed legislative process for the Climate Change Response (Emissions Trading Reform) Amendment Bill undermines democracy and our climate change efforts, says the Petroleum Exploration and Production Association of New...

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17 December 2019

Drilling consent great news for New Zealand

The Environmental Protection Authority (EPA)’s consent for potential exploratory drilling off the South Island is great news for New Zealand and the pursuit of affordable secure energy, according to the...

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17 December 2019

PEPANZ welcomes new Climate Change Commission members

The new Climate Change Commission members announced today have been welcomed by the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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12 December 2019

Fall in renewable electricity shows importance of natural gas

New figures out today showing a four percent decline in renewable electricity generation over the last quarter highlights the importance of natural gas as a back-up, says the Petroleum Exploration...

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20 November 2019

Crown Minerals Act review welcomed but requires careful consideration

The review of the Crown Minerals Act has been welcomed by the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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15 November 2019

International Energy Agency report shows major role for natural gas

Global demand for natural gas as a lower carbon energy source will continue to grow in coming decades, according to the International Energy Agency (IEA)’s new World Energy Outlook 2019.

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14 November 2019

New energy scenarios highlight the importance of natural gas

The importance of natural gas for keeping energy affordable, reliable and sustainable in the decades ahead has been highlighted in the BusinessNZ Energy Council (BEC)’s future scenarios released today, says...

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12 November 2019

PEPANZ Chair honoured with Taranaki Mayoral Award

The Petroleum and Production Association of New Zealand (PEPANZ) is delighted that PEPANZ Chair and Todd Energy CEO Dr Joanna Breare has been honoured with the 2019 Taranaki Mayoral Award...

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08 November 2019

Zero Carbon Bill welcomed

The Petroleum Exploration and Production Association of New Zealand (PEPANZ) has welcomed the near unanimous passage of the Zero Carbon Bill into law.

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07 November 2019

Resource strategy could hinder delivery of affordable and reliable energy to New Zealanders

The new Minerals and Petroleum Resource Strategy heightens the risk to affordable and reliable energy by failing to recognise the valuable contribution of New Zealand’s entire range of energy resources,...

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24 October 2019

Agricultural emissions deal welcomed as first step

The plan announced today for farmers to reduce emissions is a step in the right direction for New Zealand’s efforts to meet its Paris Agreement commitments as all sectors need...

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01 October 2019

Petroleum Conference 2019 Award winners announced

Beach Energy and Todd Energy have been named the winners at this year’s New Zealand Petroleum Conference Awards.

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30 September 2019

Policymakers urged to unlock the potential of natural gas for New Zealand

New Zealand’s oil and gas industry has published a policy plan for how the sector can deliver major economic, environmental and social benefits for New Zealanders.

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25 September 2019

New PEPANZ CEO announced

The Petroleum Exploration and Production Association (PEPANZ) is delighted to announce the appointment of John Carnegie as its new Chief Executive Officer.

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02 September 2019

PEPANZ comment on hydrogen Green Paper

Hydrogen has potential as a future energy carrier but producing it from natural gas is the most obvious and affordable source, says the Petroleum Exploration and Production Exploration Association of...

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27 August 2019

PEPANZ comment on draft Minerals and Petroleum Resource Strategy

“We welcome the effort by the Government to set a shared vision and provide some certainty to industries on the future direction of policy,” says Petroleum Exploration and Production Exploration...

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08 August 2019

No taxpayer subsidies for oil and gas industry

Claims of special tax treatment for the oil and gas industry are incorrect, according to Petroleum Exploration and Production Exploration Association of New Zealand (PEPANZ) CEO Cameron Madgwick.

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31 July 2019

New Zealand urged to make the most of natural gas resources

Natural gas has the potential to help New Zealand reach net zero emissions and earn billions in revenue, according to a new publication by the Petroleum Exploration and Production Association...

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23 July 2019

Greenpeace actions ignorant grandstanding

The Greenpeace climb of the Majestic Tower in Wellington is ignorant grandstanding says the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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16 July 2019

ICCC report confirms importance of natural gas

The importance of natural gas in keeping power prices down and reducing emissions has been confirmed by the Government’s Interim Climate Change Committee (ICCC), says the Petroleum Exploration and Production...

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13 June 2019

New discoveries needed to avoid natural gas shortfall

New figures showing eleven years of natural gas reserves emphasises the importance of new exploration and development, says Petroleum Exploration and Production Association of New Zealand (PEPANZ) CEO Cameron Madgwick.

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10 April 2019

Small step towards new natural gas exploration welcomed

An application to the Environmental Protection Authority (EPA) by OMV for activity off the Otago Coast is a required step towards further potential work, says the Petroleum Exploration and Production...

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19 February 2019

NZIER report shows $28b blow to economy from oil and gas ban

Last year’s oil and gas exploration decision could cost the New Zealand economy $28 billion by 2050, according to a new study by the New Zealand Economic Institute for Economic...

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03 February 2019

Campaign for continued gas and oil exploration takes to TV

Energy Voices is launching new television advertisements tomorrow, escalating the highly successful, social media driven campaign against the end to new oil and natural gas exploration permits.

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23 January 2019

Increased coal burning shows why we need natural gas

News that coal-fired electricity generation has reached a five-year high shows why we need to keep exploring for natural gas, says the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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17 December 2018

Just Transitions conference should focus on carbon capture and storage

The Just Transitions conference to be held in Taranaki next year should include a focus on carbon capture and storage technology, says the Petroleum Exploration and Production Association of New...

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10 December 2018

New study warns of major energy costs in trying to replace natural gas

A new report today warns there will be major costs to New Zealanders in trying to replace the role of natural gas, according to the Petroleum Exploration and Production Association...

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05 December 2018

Green investment fund must support carbon capture projects

The Government’s new Green Investment Finance project should be open to funding carbon capture and storage (CCS) projects, says the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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26 November 2018

Potential $1b hydrogen investment shows rethink needed on natural gas

A major potential investment into hydrogen technology in Taranaki shows the need for a re-think on oil and gas exploration, says the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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14 November 2018

World Energy report shows New Zealand alone in rejecting natural gas

No other country appears to be following New Zealand’s ‘leadership’ in abandoning natural gas exploration, according to the International Energy Agency’s World Energy Outlook for 2018.

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13 November 2018

Energy Voices campaign to keep highlighting impacts of oil and gas decision

The ‘Energy Voices’ public campaign will keep running to give voice to serious concerns over the end to new offshore oil and gas exploration permits, says the Petroleum Exploration and...

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07 November 2018

Oil and gas legislation creates major uncertainty

Workers and communities have once again been ignored with the Government rushing through a law change tonight ending new offshore oil and gas exploration permits, says the Petroleum Exploration and...

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31 October 2018

Call for Government to justify oil and gas decision with proper research

The Government is being asked to pause legislation ending new offshore oil and gas exploration permits until serious economic and environmental concerns have been investigated.

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29 October 2018

Major role outlined for oil and gas in a lower carbon world

Oil and gas have a crucial long-term role and will have much less of an impact on the environment in future, according to a new report released today by the...

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01 October 2018

“Giving a voice to the people” – New campaign launched on oil and gas exploration halt

A new public campaign Energy Voices has been launched today giving voice to public concerns over the end to new oil and gas exploration permits.

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27 September 2018

Rushing oil and gas legislation is an undemocratic disgrace

PEPANZ says it is undemocratic and deeply unfair for the select committee considering changes to oil and gas legislation to have its consultation period slashed to just four weeks.

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24 September 2018

Ending offshore exploration all pain, no gain for New Zealanders

Ending offshore oil and gas exploration could cost New Zealand taxpayers up to $23.5 billion and increase emissions at the same time, according to staggering new figures released by Government...

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21 September 2018

Greenpeace should not be above the law

The decision to discharge two Greenpeace activists without conviction is disappointing and unfair, says the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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18 September 2018

Call for oil and gas select committee to meet in Taranaki

The select committee that considers legislative changes to oil and gas exploration should meet in Taranaki, according to the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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13 September 2018

Greenpeace has it wrong - no subsidies for oil and gas industry

There are no direct subsidies for the oil and gas industry in New Zealand and Greenpeace has their facts wrong, says the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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04 September 2018

PEPANZ welcomes Productivity Commission report

The Petroleum Exploration and Production Association of New Zealand (PEPANZ) has welcomed the Productivity Commission’s report into a low emissions economy, but say the focus needs to be on lowering...

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14 June 2018

NZIER commissioned to look at impacts of oil and gas decision

The economic and environmental impacts of an end to offshore exploration for oil and gas will be the focus of new research commissioned from the New Zealand Institute of Economic...

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06 June 2018

Officials confirm ending exploration a lose-lose for environment, economy

The Government’s own experts have confirmed that ending offshore oil and gas exploration will be a lose-lose for the economy and environment, according to material released under the Official Information...

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27 April 2018

PEPANZ welcomes Productivity Commission report

The Petroleum Exploration and Production Association of New Zealand (PEPANZ) has welcomed the Productivity Commission’s report into a low emissions economy with its emphasis on using the right policy tools.

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16 April 2018

PEPANZ searching for analysis on offshore ban

The Petroleum Exploration and Production Association of New Zealand (PEPANZ) has lodged a series of Official Information Act requests with Government agencies today seeking the analysis behind the ban on...

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12 April 2018

PEPANZ disappointed in Block Offer changes

The Petroleum Exploration and Production Association of New Zealand (PEPANZ) is very disappointed in the Government’s decision to halt offshore Block Offers, saying it is likely to affect New Zealand’s...

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06 April 2018

Petroleum Conference award winners announced

Beach Energy, Kinetic and Petromac have been named the winners at this year’s New Zealand Petroleum Conference Awards.

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26 March 2018

Petroleum Conference starts tomorrow in Wellington

The 2018 New Zealand Petroleum Conference opens tomorrow in Wellington, bringing together 500 delegates from across the oil and gas industry.

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16 March 2018

Shell sale of interests to OMV marks end of an era

The Petroleum Exploration and Production Association of New Zealand (PEPANZ) says the sale of Shell’s New Zealand assets to OMV marks both the end of an era, and a vote...

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09 March 2018

Response to Greenpeace open letter on oil and gas exploration

The Petroleum Exploration and Production Association of New Zealand (PEPANZ) has responded to an open letter from Greenpeace on oil and gas exploration, saying a ban would be a lose-lose...

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08 March 2018

Dr Joanna Breare elected as new PEPANZ Chair

Dr Joanna Breare has been elected the new Chair of the Petroleum Exploration and Production Association of New Zealand (PEPANZ), replacing Rob Jager who has stepped down after nearly four...

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13 February 2018

New survey shows broad support for New Zealand’s oil and gas industry

The Petroleum Exploration and Production Association of New Zealand (PEPANZ) has released its latest industry reputation survey, showing improved public understanding of the oil and gas industry in New Zealand.

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29 November 2017

Strong environmental rules already in place for seismic surveys

The Petroleum Exploration and Production Association of New Zealand (PEPANZ) says it would welcome a discussion on how to improve the already strict regulations around marine seismic surveys.

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27 November 2017

PEPANZ Publishes Briefing to Energy and Resources Minister

The Petroleum Exploration and Production Association of New Zealand (PEPANZ) has published it’s briefing to the new Energy and Resources Minister Megan Woods today, setting out the industry’s role in...

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15 November 2017

Global demand for natural gas a big opportunity for New Zealand

The International Energy Agency’s new forecast that demand for natural gas will increase 45% by 2040 is a major opportunity for New Zealand, says the Petroleum Exploration and Production Association...

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30 October 2017

New study shows exciting gas potential for Canterbury

The Petroleum Exploration and Production Association of New Zealand (PEPANZ) is welcoming a new report showing the exciting potential of developing natural gas in the South Island.

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26 October 2017

PEPANZ acknowledges new emissions report

The Petroleum Exploration and Production Association of New Zealand (PEPANZ) says a new report from the Ministry for the Environment today on global and domestic greenhouse gas emissions shows the...

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