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Energy

 In this photo provided by the North Korean government, its leader Kim Jong Un delivers a speech during a session of the Supreme People's Assembly at parliament in Pyongyang, North Korea, on March 23, 2026.

North Korea unveils plan to increase fuel for nuclear weapons

Kim Jong Un announces a new plant to increase the country's nuclear forces “at an exponential rate".

Politics

Thursday 2:28pm

A Falcon 9 SpaceX heavy rocket lifts off from pad 39A at the Kennedy Space Center in Cape Canaveral, Fla., Tuesday, Feb. 6, 2018.

SpaceX's 'biggest ever' IPO could make Elon Musk a trillionaire

SpaceX plans to raise up to $75 billion when it goes public this month, putting Elon Musk on track to becoming the world's first trillionaire.

World

Thursday 12:46pm

Ongoing unrest in the Middle East was expected to impact our manufacturing industry.

NZ diesel stock levels slip to lowest level since US-Iran war began

MBIE emphasised that the data excluded newly-negotiated extra reserves, representing around nine days of diesel consumption, were on the way.

Business

Wed, Jun 3

The Ministry of Business, Innovation and Employment has been publishing twice-weekly fuel updates since early March.

Fuel stocks remain steady, extra diesel en route to NZ

New Zealand's total petrol and diesel fuel stocks fell slightly, while jet fuel stocks increased, MBIE's latest data showed.

Business

Mon, Jun 1

Budget 2026: So are fuel taxes being hiked next year or not?

Budget 2026: So are fuel taxes being hiked next year or not?

Finance Minister Nicola Willis has set aside $450 million in a time-limited contingency in case further fuel-related support is required.

Politics

Thu, May 28

 In this photo provided by the North Korean government, its leader Kim Jong Un delivers a speech during a session of the Supreme People's Assembly at parliament in Pyongyang, North Korea, on March 23, 2026.

North Korea unveils plan to increase fuel for nuclear weapons

Kim Jong Un announces a new plant to increase the country's nuclear forces “at an exponential rate".

Politics

Thursday 2:28pm

A Falcon 9 SpaceX heavy rocket lifts off from pad 39A at the Kennedy Space Center in Cape Canaveral, Fla., Tuesday, Feb. 6, 2018.

SpaceX's 'biggest ever' IPO could make Elon Musk a trillionaire

SpaceX plans to raise up to $75 billion when it goes public this month, putting Elon Musk on track to becoming the world's first trillionaire.

World

Thursday 12:46pm

Ongoing unrest in the Middle East was expected to impact our manufacturing industry.

NZ diesel stock levels slip to lowest level since US-Iran war began

MBIE emphasised that the data excluded newly-negotiated extra reserves, representing around nine days of diesel consumption, were on the way.

Business

Wed, Jun 3

The Ministry of Business, Innovation and Employment has been publishing twice-weekly fuel updates since early March.

Fuel stocks remain steady, extra diesel en route to NZ

New Zealand's total petrol and diesel fuel stocks fell slightly, while jet fuel stocks increased, MBIE's latest data showed.

Business

Mon, Jun 1

Budget 2026: So are fuel taxes being hiked next year or not?

Budget 2026: So are fuel taxes being hiked next year or not?

Finance Minister Nicola Willis has set aside $450 million in a time-limited contingency in case further fuel-related support is required.

Politics

Thu, May 28

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Energy Minister Simeon Brown

Electricity giants face new rules aimed at creating 'level playing field'

From July 1, the country's biggest energy providers would no longer be able to offer better wholesale pricing arrangements to their own retail businesses than they do to independent retailers.

New Zealand

Tue, May 26

Blue gas flame of the stove

Thousands of NZ firms eligible for Govt-backed gas transition loans

Budget 2026 has set aside $48 million to cover potential losses from the scheme, Finance Minister Nicola Willis says.

Business

Mon, May 25

Petrol, jet fuel dip slightly as diesel rises in latest NZ stock data

Petrol, jet fuel dip slightly as diesel rises in latest NZ stock data

Diesel bucked the trend, climbing by around three days of cover.

Business

Mon, May 25

Marsden Point.

NZ First wants Special Economic Zone at Marsden Point

Winston Peters says Whangārei is a gateway to Northland and its many attractions and should be "a Cinderella City" no more.

Politics

Sun, May 24

Kharg Island in Iran

The fuel crisis isn't over - there's still more to come

The US-Israel war with Iran was predicted to cause the worst energy crisis in history, according to the International Energy Agency.

World

Sat, May 23

Air NZ Chief Executive Nikhil Ravishankar

Air NZ boss defends new routes amid reduced services elsewhere

Air New Zealand's new Christchurch-to-Perth route is to service the increasing number of New Zealanders working in mines in Western Australia, chief executive Nikhil Ravishankar says.

Business

Fri, May 22

The arc flash incident in February 2025,

Electrician badly burned by arc flash from live switchboard

A legally-binding agreement now requires Citywide Electrical to fund safety training, industry guidance, and compensation after a worker received severe burns to his arms, hands and face.

Crime and Justice

Thu, May 21

Heavy vehicle rules loosened as Govt prepares for fuel crunch

Heavy vehicle rules loosened as Govt prepares for fuel crunch

The country's fuel stocks are expected to dip in the coming weeks as importers work through a wave of large shipments that arrived in late April.

Business

Wed, May 20

Latest NZ fuel stocks official data – updated graphs and trends

Latest NZ fuel stocks official data – updated graphs and trends

This article is regularly updated with the latest official fuel stocks data released on Mondays and Wednesdays by the Ministry of Business, Innovation and Employment.

New Zealand

Wed, May 20

Solar panel installation.

Council loans for rooftop solar waiting on Govt green light

Ministers yet to make a decision on a scheme that would let councils provide long-term loans to homeowners wanting to install solar.

Environment

Tue, May 19

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A fuel drum (File image).

Petrol stocks drop nearly three days in latest fuel update

New Zealand's total fuel stocks fell for petrol and jet fuel but edged up for diesel in the latest Government update.

New Zealand

Mon, May 18

Close-Up of Man Refueling Vehicle at Gas Station Pump. File photo.

New numbers reveal surging price of petrol, diesel

New numbers from Stats NZ have revealed the scale of fuel price increases in the months after the Middle East conflict started.

New Zealand

Fri, May 15

Close-Up of Man Refueling Vehicle at Gas Station Pump. File photo.

Energy update: NZ's petrol and diesel stocks up, jet fuel down

Ministry says the supply chain is "operating smoothly, and fuel is continuing to flow into the country as expected".

New Zealand

Wed, May 13

Prime Minister Christopher Luxon (left), Finance Minister Nicola Willis and Associate Energy Minister Shane Jones during the post-Cabinet press conference last week.

Pump limits, spot checks: Govt reveals level four fuel ration plan

Finance Minister Nicola Willis and Associate Energy Minister Shane Jones have revised New Zealand's fuel response plan for petrol and diesel.

Politics

Mon, May 11

Pumps at a petrol station.

Petrol up, diesel and jet fuel down in latest NZ stocks update

An MBIE spokesperson said the data movements were expected following recent fuel shipment arrivals, with stocks levels now beginning to be drawn down.

New Zealand

Mon, May 11

Green Party co-leaders Marama Davidson and Chlöe Swarbrick.

Greens wants power companies to cap bill increases at inflation rate

The party's co-leaders wrote to Finance Minister Nicola Willis and Energy Minister Simon Watts to lower prices and boost energy hardship programmes before winter.

Politics

Mon, May 11

Inspectors no longer needed to visit installation sites unless problems have been flagged. 

'A red tape nightmare': Review ordered into solar panel installation

Regulation Minister says it's too hard for home-owners and businesses to set up panels.

Politics

Thu, May 7

1News' Mei Heron explains what New Zealand's "fuel-for-food" agreement will mean for the two countries, as the war in the Middle East threatens supply.

NZ fuel stocks fall across all types after recent highs

In-country and on-water stocks have retreated from recent highs after a burst of shipments was absorbed into the supply chain.

New Zealand

Wed, May 6

ASEAN partners draw up official deal to offset the impacts of the continuing conflict in Iran.

'We have each other's backs': Luxon on NZ-Singapore fuel deal

New Zealand's prime minister and Singaporean leader Lawrence Wong spoke after officially signing the agreement.

Politics

Mon, May 4

The Prime Minister is in Singapore to formalise a fuel‑for‑food arrangement aimed at safeguarding New Zealand in times of crisis.

NZ's diesel stocks surge, Luxon to ink Singapore fuel deal

Today's data release delivered mostly good news ahead of the official signing of New Zealand's so-called "food-for-fuel" deal with Singapore.

Politics

Mon, May 4

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