ExxonMobil launches bid to stop New Zealand's refinery plans

US SUPERMAJOR ExxonMobil has geared up for a battle against Refining NZ which owns the only oil refinery, Marsden Point, in New Zealand.

ExxonMobil launches bid to stop New Zealand's refinery plans  ExxonMobil launches bid to stop New Zealand's refinery plans  ExxonMobil launches bid to stop New Zealand's refinery plans  ExxonMobil launches bid to stop New Zealand's refinery plans  ExxonMobil launches bid to stop New Zealand's refinery plans

Marsden Point refinery is the only refinery in New Zealand and will potentially be turned into an import terminal in the coming years.

 

On Friday after markets closed Refining NZ revealed it had received a notice of dispute from ExxonMobil over its plans to "simplify" its operations.