Phil Rennie
Posts by Phil Rennie for News:
18 December 2020
Shrinking exploration puts even more pressure on New Zealand’s energy security
The decision by OMV to surrender over 26,000 square kilometres of offshore exploration puts even more pressure on New Zealand’s long term energy security, according to the Petroleum Exploration and...
Read full article02 December 2020
Hard work begins on climate policy now
The wider energy industry is ready to take a leadership role in the hard work of transitioning following today’s announcement of a climate emergency.
Read full article02 December 2020
Important choices ahead for energy sector in transition
Greater flexibility for remaining natural gas permits could help protect our energy security and deliver a smoother transition, according to a post-election energy briefing from the Petroleum Exploration and Production...
Read full article20 November 2020
No exploration off Canterbury coast disappointing news
The decision not to carry out exploratory drilling for oil and gas off the Canterbury coast next year is disappointing news, says the Petroleum Exploration and Production Association of New...
Read full article02 November 2020
PEPANZ welcomes new and returning Ministers
The reappointment of Hon Dr Megan Woods as Minister of Energy and Resources has been welcomed by the Petroleum Exploration and Production Association of New Zealand (PEPANZ).
Read full article14 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.
Read full article12 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).
Read full article10 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).
Read full article21 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).
Read full article20 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.
Read full article20 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).
Read full article23 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).
Read full article22 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.
Read full article09 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).
Read full article02 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).
Read full article24 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).
Read full article22 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.
Read full article02 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).
Read full article13 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...
Read full article14 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...
Read full article09 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...
Read full article08 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.
Read full article02 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.
Read full article30 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...
Read full article04 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).
Read full article02 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...
Read full article26 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...
Read full article29 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...
Read full article17 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...
Read full article17 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).
Read full article12 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...
Read full article20 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).
Read full article15 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.
Read full article14 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...
Read full article12 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...
Read full article08 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.
Read full article07 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,...
Read full article24 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...
Read full article01 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.
Read full article30 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.
Read full article25 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.
Read full article02 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...
Read full article27 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...
Read full article08 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.
Read full article31 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...
Read full article23 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).
Read full article16 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...
Read full article13 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.
Read full article10 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...
Read full article19 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...
Read full article03 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.
Read full article23 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).
Read full article17 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...
Read full article10 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...
Read full article05 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).
Read full article26 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).
Read full article14 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.
Read full article13 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...
Read full article07 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...
Read full article31 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.
Read full article29 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...
Read full article01 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.
Read full article27 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.
Read full article24 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...
Read full article21 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).
Read full article18 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).
Read full article13 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).
Read full article04 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...
Read full article14 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...
Read full article06 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...
Read full article27 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.
Read full article16 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...
Read full article12 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...
Read full article06 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.
Read full article26 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.
Read full article16 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...
Read full article09 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...
Read full article08 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...
Read full article13 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.
Read full article29 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.
Read full article27 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...
Read full article15 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...
Read full article30 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.
Read full article26 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...
Read full article