MARKETS

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.

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

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. Exxon, through its subsidiary Mobil, owns a 17.2%...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.