Energy Minister Phil Heatley is set to announce the results of this year’s block offer for oil and gas exploration permits on Tuesday next week, and government officials are confident more activity will follow in the coming years. General manager of New Zealand Petroleum and Minerals David Binnie told Parliament’s commerce committee the 2012 ‘block offer’ will be announced next …

Nufarm, the agricultural chemicals manufacturer, said first half earnings will rise at least 15 percent on improved trading in South America and Europe, and foreign exchange gains. A strong performance in South America and an improved outcome in Europe “will more than offset what is likely to be a weaker first half result in Australia,” managing director Doug Rathbone told …

Emulex, the NYSE-listed data storage maker, offered to buy Endace, at a 69 percent premium to its last trading price, winning over the target company’s independent directors. A subsidiary of Emulex, El Dorado Research Venture, plans to offer 5 pounds a share cash for Endace, the New Zealand-based, London Stock Exchange listed company that commercialised cyber-security research done by Waikato …