FREE MUSIC! 18 million songs. Over 450,000 artists. Free the Music and Share the Love with iHeartRadio.


Newstalk ZB


Keep up with
Newstalk ZB

Follow Us

  • Facebook
  • Twitter
  • YouTube

Select region

Site Search

Search Search

Minister talks up oil exploration

Share |

Latest Political News | Sunday April 28 2013 7:06

Minister talks up oil exploration

Energy Minister Simon Bridges is talking up the benefits of petroleum exploration.

A big conference on the search for oil and gas gets underway in Auckland today, looking at the opportunities now and in the future.

The industry is already worth $800 million a year in royalties and taxes.

Mr Bridges will be speaking at the event, and says exploration is creating good job opportunities for thousands of New Zealanders.

"This is a strong industry, and we think that it can get stronger.

"Of course we're committed to doing it sensibly, it has to have very high environmental health and safety practice, and we've made sure that we've got that."

Photo / Getty Images

  • Power slowly being restored

  • Four-car crash in Kumeu kills one

  • Meetings to simmer Soviet crisis

  • Truck accident claims two men

  • Ex-cyclone Ita's impact felt nationwide

  • Hockey: Couzins in sight of significant milestone

  • Auckland Weather

    Partly Cloudy
    H:24° L:16°
    Click for More Weather
    More Weather

    The Republic of NZ

    Should New Zealand cut ties with the monarchy and become a republic?

    Vote Now

    View Results