New Zealand

New Zealand will lift the ban on the development of offshore oil and gas fields due to a serious shortage of energy resources. This was announced by the country’s Energy Minister Simeon Brown. According to him, due to the acute shortage of electricity, the Cabinet of Ministers of New Zealand …

The New Zealand government will introduce legislation to lift the ban on offshore oil production. This was announced by Minister of Resources Shane Jones, reports Reuters. The authorities intend to lift the ban to attract investment in the country’s oil and gas sector. According to Jones, the bill will be …