New Zealand Oil & Gas, which has interests in the Tui and Kupe fields, said the recent slide in its share price may reflect its report this week that no significant gas or oil shows were found at its Matuku well near Taranaki. The stock fell further after a trading halt was lifted. The Wellington-based company’s share price fell 3.6 …

Air New Zealand, the country’s national carrier, is targeting a return to Singapore with a planned codesharing alliance with Singapore Airlines. The Auckland-based airline and Asian carrier plan to boost their capacity between New Zealand and Singapore by 30 percent with the tie-up, which will introduce an Auckland-Singapore route for the first time, Air NZ said in a statement. New …

A Labour-led government will make good on its promise to regulate the electricity industry and stamp out ‘super-profits’, a threat that has weighed on power company stocks, deputy leader David Parker says. Labour and the Greens unveiled plans to overhaul New Zealand’s electricity market on the eve of the government’s MightyRiverPower selldown last year. The operator of nine hydro stations …