Podcasts about marsden point

At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all. Andrew Bayly: 3/10 It's a sad business. Was it a sackable offence? No. Does it put people off entering politics? I would have thought so. But when you call someone a loser and grab an arm, can you survive? It was the re-offence that was sackable. Law and order: 8/10 The violent crime stats and new detainment powers are tangible evidence of progress in the right direction. Marsden and the rebuild: 2/10 That's what is wrong with coalitions. They indulge folly. Temu: 3/10 We are spending more there and less domestically. Never underestimate the power of cheap crap. Tory Whanau: 1/10 Cancelling her Newstalk ZB slot is the beginning of the end. Cancelling Newstalk ZB slots doesn't tend to go well for voting patterns – I speak from experience. The Warriors: 7/10 Unbeaten in the offseason and some fairly ordinary, blow-up bat-wielding Raiders to tackle first up. LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEWSee omnystudio.com/listener for privacy information.

Now I'm a bit of a policy wonk. I don't care which party it is. If they come up with a policy, I like to break it down and see if it makes sense. Now I know politicians are addicted to announcements, attention and media coverage. Which means they sometimes say the first thing in their heads that sound like they'll get votes. No matter if it's deliverable or not. Labour had a bad case of it. Phil Twyford and his 100 thousand Kiwibuild fantasy. Michael Wood was the champion. Based on five minutes on the back of an envelope he announced a nearly $900 million bike bridge. Faced with backlash from Dominion Road businesses he stuck the light rail project underground. Tripling the price to an unaffordable $18 billion dollars. Now it seems like the National led coalition has a case of the same disease. Paul Goldsmith has it bad. This week he announced a change to citizen's arrest rules but had no idea of what the changes are going to be. Classic announcement of an announcement. But the king of wishful thinking is the prince of the provinces, Shane Jones. First, he proposed a special economic zone for Marsden point begging the question why not turn the whole country into a special economic zone. The whole place needs a hand. Then he proposed repairing Marsden point refinery. A fanciful idea that was shot down in hours as the enormous cost of nearly $8 billion dollars came to light. The reason why no Government has repaired the refinery ever since it was sold 40 years ago. The thing about leadership is that you need to make adult decisions and proposals. If you're a cabinet minister you can't just let the first Walter Mitty like thought bubble pop out of your mouth, when you know there's nothing there. That's the lesson Labour learnt last term. Hopefully the Government figures that out soon. See omnystudio.com/listener for privacy information.

The company behind Northland's Marsden Point Oil Refinery wants to turn it into a new energy precinct. The refinery closed in 2022 and is decommissioned, with Resources Minister Shane Jones now considering making the area a special economic zone, meaning different planning, investment, and even tax rules. Jones says transforming the asset to enable alternative fuel manufacturing like bio-fuel would help with energy security. Channel Infrastructure Chief Executive Rob Buchanan told Mike Hosking they welcome the Government's approach. He says they're pleased the minister is willing to support the exciting project. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Associate Energy Minister wants climate advocates to embrace the potential for fewer regulations around Marsden Point. Cabinet is planning to look into options to increase energy security this year. They could include creating special economic zones, which have reduced regulations and increased support around customs and trade. Shane Jones says it could be a significant point for energy transition, and innovation. "What are we actually going to do in New Zealand, other than try and tax cows? What are we actually going to do to enable industry, to enable investors to accelerate the pace of change?" LISTEN ABOVESee omnystudio.com/listener for privacy information.

'Special Economic Zones' or energy precincts could be established to strengthen New Zealand's fuel and energy security, according to the Government. Cabinet will consider a range of options in the first half of this year. Associate Energy Minister Shane Jones says special economic zones - areas with less regulations - are already used widely overseas. Infometrics Principal Economist Brad Olsen unpacks whether or not this is the way forward. LISTEN ABOVESee omnystudio.com/listener for privacy information.

'Special Economic Zones' or energy precincts could be established to strengthen New Zealand's fuel and energy security, according to the Government. Cabinet will consider a range of options in the first half of this year. Associate Energy Minister Shane Jones says special economic zones - areas with less regulations - are already used widely overseas. Infometrics Principal Economist Brad Olsen unpacks whether or not this is the way forward. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Prime Minister says Andrew Bayly's good work can't compensate for bad behaviour. The Port Waikato MP has resigned from cabinet after touching a staffer's arm during a lively conversation. It follows an earlier incident in which he called a winery worker a loser. Christopher Luxon told Mike Hosking the good work that Bayly was doing doesn't excuse it. He says it's important to have standards and Bayly has realised he didn't meet his own expectations. Luxon would not be drawn on whether he would have sacked Bayly had he not resigned. He repeatedly said Bayly had not met his expectations. “The standards are really clear of my ministers. In this case, I laid down, after the last [loser] case, crystal-clear expectations." Pushed on whether his answers were indecisive, Luxon said he was decisive. He then said he would have demoted Bayly and taken his ministry away from him had Bayly not resigned. On the Chinese navy, Luxon said it has got “much more benign, much more competitive in the Pacific”. He said it was normal for airlines to divert flights. “We're relaxed with what's happening in the sense of it's legal, but we want to make sure we get a bit more advanced notice.” On the Cook Islands, Luxon said he was incredibly frustrated with Prime Minister Mark Brown and the government. WATCH ABOVESee omnystudio.com/listener for privacy information.

With paper mills closing, Methanex downsizing, and the former Marsden Point oil refinery now pursuing biofuels, New Zealand's jobs market is changing. Climate Change Correspondent Eloise Gibson reports.

There's been a shift in when New Zealand will hit peak petrol imports. After initially predicting it will peak around next year, Channel Infrastructure says the early 2030s is now the more likely date. It comes as the company announced plans for an energy precinct at Marsden Point. Chief executive Rob Buchanan told Mike Hosking some of the reasons of this shift are reductions in vehicle kilometres travelled and the purchasing of new vehicles. He says they've also seen a dramatic reduction in EV registrations, now they compete with internal combustion engines. LISTEN ABOVE See omnystudio.com/listener for privacy information.

A proposal to re-develop Marsden Point's decommissioned refinery is being considered. Channel Infrastructure NZ recently entered a conditional agreement with Seadra Energy to create a bio-refinery at the Northland site. Seadra would purchase it for about $53-million and use some existing, decommissioned assets like tankage and jetties. Milford Asset Management's Jeremy Hutton unpacks what this could look like. LISTEN ABOVESee omnystudio.com/listener for privacy information.

A proposal to re-develop Marsden Point's decommissioned refinery is being considered. Channel Infrastructure NZ recently entered a conditional agreement with Seadra Energy to create a bio-refinery at the Northland site. Seadra would purchase it for about $53-million and use some existing, decommissioned assets like tankage and jetties. Milford Asset Management's Jeremy Hutton unpacks what this could look like. LISTEN ABOVESee omnystudio.com/listener for privacy information.

On the Early Edition with Ryan Bridge Full Show Podcast for Wednesday 2nd of October, Iran has started firing missiles towards Israel with the iron dome defence system working to stop them. We're live to the Middle East for the latest news. Tim Walz and JD Vance will take to the stage for the US Vice Presidential debate in New York tomorrow. It could be the final debate ahead of the election in just a few weeks time. Political Analyst Danielle McLaughlin speaks to Ryan. Marsden Point could soon be home to a refinery again. Channel Infrastructure announced a proposal to open a biorefinery on the site using some of the old infrastructure. Brian Cox from the Bioenergy Association joins the show to discuss. Get the Early Edition with Ryan Bridge Full Show Podcast every weekday on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

A new Bio-Refinery at the Marsden Point Energy Precinct is being proposed. Channel Infrastructure NZ Limited announces it has entered into a conditional project development agreement with Seadra Energy Inc, who is partnering with the likes of Qantas, Renova Inc, Kent Plc, and ANZ. It would utilize some of the decommissioned oil refinery assets which would be refurbished and reconfigured- taking up approximately 18-20 hectares of land on the site. Brian Cox, Bioenergy Association Chief executive shares his thoughts with Ryan Bridge. “The aspect is we could use the natural resources that New Zealand is rich for. The biggest part is biomass from trees,” says Cox. He states that it could be processed to be used as either fuel or plastic. LISTEN ABOVESee omnystudio.com/listener for privacy information.

We got a rare bit of good economic news today hearing that Tiwai Point Aluminium Smelter is committed to staying here for at least another 20 years.   Normally, I don't have a lot for time for Tiwai. And that's largely because of how the owners have behaved in the past: threatening to leave, going cap in hand to the government, getting saved, then a few years later threatening to leave again... getting some assistance, then a few years later threatening to leave again.   So, I'm always tempted to be hard on them. But this time... I'm actually relieved that those three electricity companies - Meridian, Contact and Mercury - have come to the party to keep Tiwai point going. Simply because we can't afford to lose such a big manufacturer.  It's not a particularly sexy subject, so it doesn't get talked about nearly enough.   But we have lost a lot of manufacturers out this country... to the point that we should actually be quite worried about it. Marsden Point has been closed.  There have been threats that Glenbrook Steel Mill might close (if it can't get itself together). A 30-year-old Gisborne Wood Mill closed just before Christmas, a 40-year-old Kawerau Paper Mill closed too. James Hardie shut its NZ manufacturing. Fonterra closed a couple of Waikato plants last month.  Manufacturing has been contracting since March last year. Back in 1992 the goods producing part of our economy was 35%.  Now it's down to 20% - that's money lost.   Now, I don't know what kind of sweet deal those electricity companies offered Tiwai to make them sign on for twenty years, because that's a big commitment. And I don't know how much of Tiwai committing for that long is because the parent company Rio Tinto is trying very hard to rescue its corporate reputation by not being bullies and bad guys anymore.   But whatever the case is... It almost doesn't matter. I'm just pleased we've got them sticking around.   LISTEN ABOVE.     See omnystudio.com/listener for privacy information.

It was only November last year when the owner of the Marsden Point oil refinery told the incoming government to forget about any idea of re-opening the Marsden Point Oil Refinery.  The Government obviously wasn't listening though, because the Associate Energy Minister Shane Jones has announced an inquiry into getting the refinery up-and-running again.  He says: “Despite the desire we all share to see New Zealand free of its reliance on fossil fuels, that is the stuff of fairy tales. New Zealand will continue to need gas and oil to keep our economy moving for decades to come.”  But I'll tell you right now. This inquiry will go nowhere. Because, while the Associate Minister thinks we're dreaming if we think we're going to end our reliance on fossil fuels, he's dreaming thinking that the thing can be kicked back into gear.   Maybe I was slightly unfair to the Government just then, saying that it wasn't listening when the outfit which owns Marsden Point told it back in November to forget about trying to bring the refinery back to life.   The Government probably was listening but, to get the coalition deal across the line, Christopher Luxon had to go with NZ First's idea of making Marsden great again after it was shut down by Refining NZ in April 2022.  And that's a key thing here. Marsden Point wasn't shut down by the government as some people seem to think. It was shut down by Refining NZ which, these days, calls itself Channel Infrastructure.  240 jobs went and, ever since, the closure has been blamed for all sorts of things from high fuel prices to cruddy roads.   That's because, when it was operating, Marsden Point produced about 70% of the bitumen used in New Zealand for roads. Now we have to import 100% of the bitumen we need.   So, prior to the election, NZ First picked up on all the talk about Marsden Point and that's why we had this announcement yesterday of an inquiry into re-opening it.  Which, I tell you, will mean a truckload of time and taxpayer money going into something that will go nowhere. It will come to nothing.  That's because the people who know a thing-or-two about running Marsden Point say it would cost billions to get it up and running again because there is nothing there that can just be plugged-in and cranked up again.  Here's what the chief executive of the company that used to run it and shut it down two years ago said just last month. Rob Buchanan's his name. He said: ‘There is no part of the former refinery that can be re-started.”      What's more, he said that re-opening it would cost billions of dollars, it would take years, and then, once it was open, would require specialist staff to work there. And they've all moved on to other things.  So, as far as I'm concerned, we need to forget about having an oil refinery here.  Because, if the people who know a thing-or-two about running refineries think it's a stupid idea - then who am I going to listen to? The people who know what they're on about? Or a politician who has heard a bit of noise and reckons there might be some political mileage in it?  I'll go with the refinery experts any day, thanks.   What's more, a new report says if we got into offshore wind energy production, it could contribute $50 billion to GDP between now and 2050.   It was done by PWC for several energy and infrastructure sector players, including Bluefloat Energy which wants to put 65 fixed wind turbines in the South Taranaki Bight.  The report says offshore wind could directly contribute to a 26% reduction in New Zealand's energy emissions by 2050. It also says if we really got into wind energy generation, 10,000 jobs would be created while we were building all the infrastructure needed. And there'd be about 2,000 ongoing jobs in things like operations and maintenance.  Which, for me, is further proof that the Government is barking up the wrong tree with this Marsden Point inquiry. Which will go nowhere. See omnystudio.com/listener for privacy information.

It's thought people shouldn't get too ahead of themselves as the idea to bring back Northland's Marsden Point Oil Refinery is floated.  The Government's investigating the feasibility of re-opening it as part of a study into New Zealand's fuel security requirements.  The privately-owned fuel refinery was decommissioned in 2022 to become an import-only fuel terminal.  Energy Resources Aotearoa's John Carnegie told Mike Hosking it's important to remember it's just a study at this stage, and it's not a commitment.  He says the study asks whether we have sufficient fuel security in a post-oil refinery world - noting that so far, we haven't had any fuel shortages.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

A re-opening of Northland's Marsden Point Oil Refinery could be on the cards.  The Government's investigating the feasibility of doing so as part of a study into New Zealand's fuel security requirements.  The privately-owned fuel refinery was decommissioned in 2022 to become an import-only fuel terminal.  Associate Energy Minister Shane Jones told Mike Hosking the Marsden Point investigation is a small part of the fuel resilience strategy he's drawing up.  He says in fairness to the last Government, they did put effort into resilience after the refinery closed.  Jones says it all's down to who will pay the $80 million a year to boost the amount of oil we have onshore.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Forget about it. That's pretty much the message the Government is getting today from the owner of the Marsden Point oil refinery. That's the Marsden Point oil refinery that doesn't do any refining these days because, as you'll remember, it was shut down in April last year by its private owner which, back then, was known as Refining NZ. These days it's known as Channel Infrastructure. 240 jobs went in the process and, ever since, the closure has been blamed for all sorts of things from high fuel prices to cruddy roads. That's because, when it was operating, Marsden Point produced about 70 percent of the bitumen used in New Zealand for roads. Now we have to import 100 percent of the bitumen we need. And we seem to think that the stuff from overseas is second-rate, which is why Marsden Point always comes up when we're talking about potholes. And, of course, we now also import all our refined fuel. Because we don't have a functioning refinery here. So, prior to the election, NZ First picked up on all this talk about Marsden Point and, as part of its deal with National, the coalition government is going to investigate re-opening it. Which I predict will mean a truckload of time and taxpayer money going into something that will go nowhere. It will come to nothing. That's because the people who know a thing-or-two about running Marsden Point are saying today that it would cost billions to get it up and running again because there is nothing there that can just be plugged-in and cranked up again. “There is no part of the former refinery that can be restarted.” That's a direct quote from the person speaking on behalf of the owner. They're saying they haven't done costings but expect it would be billions and it would take a number of years. So, as far as I'm concerned, that horse has bolted and we need to forget about having an oil refinery here. Perhaps if there's one thing the former government can be criticised for when it comes to Marsden Point, is whether or not it did enough to keep it going. We all know how the Tiwai Point aluminium smelter is pretty much only operating because the owners get big power discounts. So maybe that's somewhere where Labour did drop the ball, and perhaps it could have done more to keep Marsden Point operating. Because the reason why it was closed in the first place is that the fuel companies - which were shareholders in the refinery - thought it would be more cost-effective for them to import pre-refined petrol and diesel, instead of doing it here. So maybe the former government could have done something to make it more attractive to keep it going. In fact, former energy minister Megan Woods did float the idea of saving the refinery by underwriting its operations for up to 10 years, but her Cabinet colleagues weren't up for it. So that didn't happen. The refinery is now closed. And I just think we have to get over it and I think the Government needs to drop this idea of looking into re-opening it. Because, if the people who know a thing-or-two about running a refinery think it's a stupid idea, then who am I going to listen to? The people who know what they're on about? Or a politician who has heard a bit of noise and reckons there might be some political mileage in it? I'll go with the refinery experts any day, thanks. And I think the government should do the same.See omnystudio.com/listener for privacy information.

Peter de Graaf is in Northland, where Whangarei residents are trying to understand why they have the highest fuel prices in the country. It is the closest city to the fuel import terminal at Marsden Point - but, according to the Commerce Commission, it has New Zealand's most expensive petrol. Both mayor Vince Cocurullo and AA both point out that Whangarei has next to no public transport outside the city, so people have to drive long distances to access health services or jobs.

The Commerce Commission has issued a please explain to petrol companies over their fuel pricing fluctuations across various locations. Commission chair, John Small, says motorists in Whangārei are paying more than other cities studied despite being the closest city to Marsden Point, which in turn is the closest port to major fuel sources like Singapore and South Korea. So why is fuel so expensive just up the road? Whangārei mayor Vince Cocurullo spoke to Ingrid Hipkiss.

The possible production of sustainable aviation fuel at the former Marsden Point refinery has taken a step forward with further work on the feasibility of such a project. Gyles Beckford has the business news.

Air New Zealand has received a bad batch of aviation fuel for the third time since the Marsden Point refinery shut down. It arrived in Wellington from overseas and meant airlines had to tanker in more fuel to get flights completed. Board of Airline Representatives New Zealand Executive Director Cath O'Brien says we are highly reliant on oil being properly checked. She says this wasn't as much a problem when Marsden Point was open. "When we had Marsden Point operating, we had the ability to refine fuel, so that would have meant that if a bad batch of fuel came, we could ourselves refine it."  LISTEN ABOVESee omnystudio.com/listener for privacy information.

We speak with Karl Barkley about Marsden Point Oil Refinery, how it has gone so wrong for our energy infrastructure in NZ, and what his solutions are for how we can move forward into a better future for New Zealand. To buy shares in Marsden Point (as seen at 28:17 & 56:01), and to support Karl, use his Sharsies affiliation link: https://sharesies.com/r/BQ9QB6 Relevant Documents and Articles: 04:46 - Iraq's new oil refinery: https://oilprice.com/Latest-Energy-News/World-News/Iraqs-First-New-Refinery-In-Decades-Set-To-Hit-Full-Capacity-By-July.html 05:28 & 12:13 - 'NZ Bitumen' document: https://docdro.id/UsVFTYM 7:00 - 'Australia's future fuels investment' document: https://docdro.id/OsqJc3Y 42:13 - Electric Busses massive fire in China: https://youtu.be/T71cVhxG_v4 43:00: Book recommendation:'Floating On Oil & Gas. A Nation Captured' by Brian Jackson - https://www.babooks.co.nz/product/32229-floating-on-oil-gas-a-nation-captured-final-edition-#.ZBZSSi8RorY 56:57 Tony and Debbie Pascoe Article link: https://www.rnz.co.nz/national/programmes/checkpoint/audio/2018760609/taranaki-couple-fear-bypasss-will-force-them-out-of-their-home 01:16:35 - Naomi James full interview - https://youtu.be/RuWSvtsjCfs 01:18:47 - 'Marsden Point decommision & Ampol' document: https://docdro.id/eaUQ1VW To contact Karl: FB - https://www.facebook.com/karl.barkley.900 Twitter - https://twitter.com/OperationGoodOi Email - csi@hotmail.co.nz For more information, visit: 1:04:53 - Operation Good Oil: https://operationgoodoil.co.nz Dig In At Marsden Point: https://www.securemarsdenrefinery.nz

The national shortage of  liquid carbon dioxide is affecting more than just the beer industry.  The temporary closure of the Kapuni CO2 plant has also affected high-value food and manufacturing exporters.  National's energy and resources spokesperson Stuart Smith says global shortages and a recent overhaul at Marsden Point refinery have made the country vulnerable. He spoke to Charlotte Cook.

Breweries are being forced to get creative and spend big money to survive a crippling nationwide shortage of liquid carbon dioxide. Since the end of refining at Marsden Point last year, the Kapuni carbon dioxide plant has been supplying the gas. However, it's shut indefinitely for maintenance. Co-Founder of small Wellington brewery Garage Project, Jos Ruffell told Tim Dower beer production relies on CO2 for cleaning, sterilising, and packaging beer, and to operate the taps the drink is poured from. He says the company has made significant investment in capture recovery technology, so they can re-use any gas naturally produced during the fermentation process. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Breweries are being forced to get creative and spend big money to survive a crippling nationwide shortage of liquid carbon dioxide. Since the end of refining at Marsden Point last year, the Kapuni carbon dioxide plant has been supplying the gas. However, it's shut indefinitely for maintenance. Co-Founder of small Wellington brewery Garage Project, Jos Ruffell told Tim Dower beer production relies on CO2 for cleaning, sterilising, and packaging beer, and to operate the taps the drink is poured from. He says the company has made significant investment in capture recovery technology, so they can re-use any gas naturally produced during the fermentation process. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The temporary closure of the Kapuni liquid carbon dioxide plant is worrying drink manufacturers, as domestic gas supplies were already running low.  The Todd Energy site in Taranaki has been New Zealand's only domestic producer of food-grade CO2 since the Marsden Point refinery was decommissioned last year. The Kapuni plant was closed due to safety concerns just before Christmas. And there is no reopening date yet. Sam Olley reports.  

A Todd Energy gas plant has been temporarily shut down due to safety concerns. The Kapuni liquid carbon dioxide plant in Taranaki has been New Zealand's only domestic producer of food-grade CO2 since the Marsden Point refinery was decommissioned. Todd Energy has confirmed to RNZ the closure started more than two weeks ago, just before Christmas. There is no reopening date yet. Sam Olley has the story

A dud batch of aviation gas has sent ripples through the airline sector - they've been told they'll be supplied with less fuel than usual in the coming weeks - right at the busiest travel time of the year. Last month, the government announced an increase in the amount of petrol, jet fuel and diesel that importers and wholesalers must hold and that it would boost its own reserves of diesel in an effort to improve the country's ability to weather fuel shocks. Energy and Resources Minister Megan Woods says the government is still investigating storage facility options and the stocks are unlikely to be accumulated until late 2023 or early 2024. Are the new minimum storage requirements adequate when one dud batch of av-gas can have such an impact, and when Marsden Point no longer has refining capability? Kathryn speaks with Simon Terry, Executive Director Sustainability Council, who has serious misgivings about the way the government has approached the issue.

Maritime Unions say Z Energy's jet fuel debacle has exposed a predictable weakness in New Zealand's fuel supply.  Airlines are being forced to ration their fuel allowances at Auckland Airport, after a contaminated shipment of aviation fuel was rejected on arrival. The Unions say since the Marsden Point refinery closed in April it has only taken a few months for the wheels to come off the new import system.  Maritime Union of New Zealand National Secretary Craig Harrison spoke to Māni Dunlop.  

Z Energy, owner of the dodgy shipment of aviation fuel, says their next shipment will arrive by 12 December at the latest.  Airlines are being forced to ration their fuel allowance at Auckland Airport, after a contaminated shipment was rejected on arrival. Questions are being raised as to whether the country's fuel supply has been left vulnerable following the closure of the Marsden Point refinery in April.  The National Party's spokesperson on energy and resources, Stuart Smith, says the missing refinery tightened the timeline to manage the problem. Z Energy's chief executive Mike Bennetts told Morning Report that although this is a relatively frequent issue, more local storage would increase pain at the pump.

I am told the concern over aviation fuel isn't going to ruin your holiday. In other words, the planes won't run out of gas. But the inevitable issue of getting a bit of dodgy fuel was always going to unfold, wasn't it? Those of us that questioned the closure of Marsden Point are being proven right already, not that that is any great victory. I know nothing about fuel, apart from the fact that if you make the stuff locally it stands to reason that you have more control over its production and supply and quality. The moment you shut up shop and contract the business out, you are at the mercy of those who may or may not be interested in serving you well. How they didn't work that out, I don't know. Well I do know. It's all about the bottom line and they thought they could get away with it. It is why the Government announced the other day the forced increase in the amount of fuel that has to be held in reserve. One of the oil companies wanted it to include fuel on the water, not just physically here. Fortunately, they were outvoted. They reassured us at the time Marsden Point got closed that it was a massive non-event, there was plenty of oil and plenty of ships and us doing any of this ourselves was us essentially wasting our own time. Until, of course, that turned out to be bollocks. Once a bad shipment arrives, then what? Well, the “then” is what is playing out right now. You rely on reserves and the reserves will probably be fine. So Christmas isn't off. But it reminds me of that mad pipe puncture leading into the 2017 election. Remember that? Everyone got shocked that there was this single pipe pumping all the fuel to Auckland Airport and some digger driver could cripple aviation. Jacinda Ardern promised to build a second pipe, which you'll be well aware has gone as well as her promise on light rail being finished by last year in Auckland. The more you do yourself, the more you control, the more flexibility you have. It's a buffer, it's a safe guard, it's common sense. It seems these days we ration that. A bit like jet fuel.See omnystudio.com/listener for privacy information.

Holiday travellers may have to expect disruptions to their upcoming plans after a bad batch of fuel forces airlines to ration. The bad batch was sent out to Z Energy, who have since apologised for not noticing the shipment was faulty until it was too late. Infometrics Principal Economist Brad Olsen says that this shortage draws attention to the fact that New Zealand doesn't have a huge amount of fuel stocked up. Brad Olsen also stated that that the closure of Marsden Point paired with this upcoming busy travel season makes the markets particularly vulnerable. LISTEN ABOVESee omnystudio.com/listener for privacy information.

On today's First Up pod: summer travel plans hit turbulence due to a bad batch of aviation fuel - we'll see how it might affect one of our smaller carriers, Air Chathams and we ask the Deputy PM Grant Robertson whether keeping Marsden Point could have helped; kiwi are back in Whakatane and we took a trip to find out why a proposed crossing between the two Coromandal towns is such a big deal. First Up - Voice of the Nathan!

Airlines are bracing themselves for fuel rationing during the busy Christmas travel period after a bad batch of aviation gas entered the country. Z Energy, which is the owner of the dud shipment, told airlines last night they'd need to conserve fuel in coming weeks. The Ministry of Business, Innovation and Employment says routine fuel testing of a jet fuel shipment has raised some concerns and there is a potential impact to jet fuel supply. Since April this year - the country's only oil refinery based at Marsden Point ceased operations and became an import-only terminal for already-refined products. David Keat worked at Marsden Point Refinery for 27 years - becoming Refining Manager - second in charge under the CEO. He says if Marsden Point had retained the capacity to refine - the aviation fuel could be reprocessed, and he is concerned about the country's fuel security.

We speak with David Trotter (lead researcher and author) & Levi Wulf (sub researcher and editor), who along with Karl Barkley (nautical tracking and sub research), have put together this excellent document which highlights the problems associated with shutting down the Marsden Point Oil Refinery in Whangarei. Operation Good Oil seeks to educate and inform Kiwis, through this document, of the true nature of this crisis, and seeks to find a practical solution for the good of all Kiwis. To contact Operation Good Oil and learn more about this crucial project: Document download - https://docdro.id/r1HIWjF Phone - 0800 NZ 4 OIL Website - operationgoodoil.co.nz Telegram - https://t.me/Convoy2022OperationGaslight FB - https://www.facebook.com/groups/506653867806719/ From the Website: www.operationgoodoil.co.nz - "Our refinery was numbered in the top 10% of the world for its innovation and efficiency, with new technologies coming on line in the sector of oil refinement we are about to lose our ability to lab and beta test new techniques of recycling such as blue crude and plastic to oil recovery. NEW ZEALAND HAS THE LONGEST SUPPLY LINES IN THE WORLD AND TO SCUTTLE SUCH A VITAL STRATEGIC ASSET AS OUR ONLY OIL REFINERY IS A MOVE THAT COULD BE CONSTRUED AS AN ACT OF AGGRESSION OR EVEN TREASONOUS AGAINST THE PEOPLE OF NEW ZEALAND. We hope you join us in educating ourselves on what is truly happening in the energy sector in this nation and that you will read the updates and the resources that we will be releasing through our social media and website, we hope to help to spread the word about who and what are truly responsible for the shortages."

Environmental advocates say the government's plan to introduce biofuel into petrol and diesel is greenwashing and will actually contribute to an increase in global emissions. From next April, all petrol and diesel will be legally required to contain a percentage of biofuel, made from renewable sources such as used vegetable oils or animal fats. The government announced the mandate late last year promising that over the next three years, it would prevent around one million tonnes of emissions from cars, trucks, trains and ships, rising to 10 million tonners by 2035. Legislation is expected to be introduced to the house in the coming months. The environmental advocacy group Don't Burn Our Future says New Zealand doesn't have the right kind of waste to make the amount of biofuel that will be required to meet the mandate, and importing biofuel will be damaging to the global environment. Kathryn speaks with two members of the group: Climate Change consultant Jake Roos and David Keat, who worked in the oil industry for many years in the Middle East, Europe, Asia and New Zealand, including a senior role at the Marsden Point refinery.

Amanda McKenzie (pictured) was the driving force behind the creation of Australia's Climate Council and was the host of a recent webinar featuring inventor, author, entrepreneur and scientist, Saul Griffith, and Climate Councillor, Dr Madeline Taylor, who is an expert on climate policy, gas and energy. Other Quick Climate Links for today are: "The insect crisis: where did all the bugs go?"; "Protestors Arrested at Coal Waste Plant Affiliated With Manchin's Family"; "Civil unrest due to rising energy bills ‘isn't far away', says Martin Lewis"; "Climate activists ‘disrupt supplies from three oil terminals in England'"; "The three Fs: why UK farmers fear the soaring cost of fertiliser, feed and fuel"; "Learn to improve income diversity, gain productivity, achieve carbon credits, emissions reductions, biodiversity benefits" "‘There's lots of anger still': locals in key NSW seat of Gilmore remain split on Morrison"; "Labor Environment Action Network"; "Truck Makers Face a Tech Dilemma: Batteries or Hydrogen?"; "World's Largest Long-Haul Truckmaker Sees Hydrogen-Fueled Future"; "G.M. Will Sell Only Zero-Emission Vehicles by 2035"; "Black soldier fly farm may play a key role in reducing waste, producing sustainable fertiliser"; "Black soldier fly recruited to recycle livestock waste into fertiliser for food production"; "Memphis may have the sweetest water in the world, but toxic waste could ruin it all – a comic"; "Geothermal Powerhouse Iceland Hit by Lack of Electricity"; "A Nebraska climate activist takes a trip down the Missouri River"; "Putin's war shows autocracies and fossil fuels go hand in hand. Here's how to tackle both"; "‘My god, what's happening?': Dead weedy seadragons wash up on Sydney beaches"; "Federal Election 2022: Simon Holmes a Court emerges as unlikely kingmaker in election"; "Projects in limbo as Morrison's promised billions evaporate on election call"; "Ukraine says Russian soldiers stole potentially deadly radioactive substances from Chernobyl"; "‘Unthinkable' flood-related scams fleece victims of more than $50,000, authorities say"; "Electric car sales are rising in Australia but the uptake is behind other markets. When will they be more affordable?"; "Scientists Unveil High-Tech Tool to Save Rainforests of the Ocean"; "Rising temperatures could put an end to bears' most famous habit"; "The Morrison government wants farmers to profit from looking after the land – but will anyone want to pay?"; "NZ bolsters emergency oil stocks backed by offer of Marsden Point storage"; "Trees on Crown land could offset agencies' emissions"; "Home water heaters: A new ally in making grids cleaner"; "Carbon storage gets dirty: The movement to sequester CO2 in soils"; "Chart: Which countries get more than 10% of their power from wind?"; "We Are Wasting Time on These Climate Debates. The Next Steps Are Clear."; "Power companies say expect higher electricity bills within months"; "Carmakers pressure supply chains for cleaner lithium"; "Banks say they're getting tough on coal, but they keep lending trillions to polluters"; "Farm animals and humans should be treated the same, children say"; "Teen climate activist subjected to sexist and racist abuse amid federal court climate case"; "Manitoba storm could be 'worst blizzard in decades,' Environment Canada says"; "World Health Day a reminder of why nurses are pivotal to climate fight"; "Say no to Scarborough Gas"; "We are Tomorrow Movement"; "Signals of a warmed world: Endless Australian rain and 20 years of American drought"; "Dozens killed in Philippines landslides and floods as tropical storm Megi hits"; "‘Can our politics rise to the climate challenge?'"; "NASA mission will monitor air pollution"; "As Climate Fears Mount, Some Are Relocating Within the US"; "Professor David Karoly on the Liberal-National Government's history of climate inaction". Enjoy "Music for a Warming World". Support the show: https://www.patreon.com/climateconversations

Last week the country's only oil refinery based at Marsden Point ceased operations and became an import-only terminal for already-refined products. The company that runs it, Refining New Zealand has rebranded to Channel Infrastructure. It will utilise the existing site to receive, store and distribute transport oils to its customers. There have been concerns the change alters the country's security of fuel supply, although those fears have been downplayed by the government. Kathryn is joined by Naomi James, CEO of Channel Infrastructure.

The shutdown of Marsden Point oil refinery is causing ructions in the intensely-under-pressure road building industry. Z Energy is accusing the Transport Agency of effectively forcing it to quit being the country's main bitumen importer. It said it had confirmed the government agency would intervene in a big way in the market, leaving it with "no viable commercial opportunity". Phil Pennington has the story.

Process units at Marsden Point have now been shut down, marking an end to the refining operation at the plant. From tomorrow Refining NZ becomes Channel Infrastructure and the 60-year-old refinery becomes an import-only terminal for already-refined products - something critics say may have an impact on our fuel security. Energy Minister Megan Woods told Nine to Noon two weeks ago her advice was that it would not change the fundamentals of how we get fuel here - crude or refined - nor would it impact energy security. The refinery transition will though, prompt big changes to our fuel reserves - and Simon Terry from the Sustainability Council says it could see the need for a massive new investment in storage capacity. He tells Kathryn Ryan that's something that's likely to end up being passed on to motorists.

Earlier this week Nine to Noon looked at the big change on the way to how we get fuel into, and around, New Zealand. After nearly 60 years, the Marsden Point Refinery will shut down its processing units and become an import-only terminal from next month. It means New Zealand will be reliant on tankers bringing refined oil products into the country - a report from Z Energy estimated 175 tankers would visit each year. Amid this fundamental change to our fuel processing capability comes Russia's attack on Ukraine, and the impact it's having on global oil supply and pricing. New Zealand is party to an agreement which saw it support the release of 60 million barrels of emergency oil stocks, in order to ease uncertainty in the market. But how we store our own emergency reserves will also have to change because of the transition at Marsden Point. Energy Minister Megan Woods joins Kathryn to discuss.

The final shipment of crude oil has arrived, marking the beginning of the end for the country's only refinery.So how will oil get shipped around NZ when Marsden Point isn't operating? LISTEN ABOVE

Big changes are coming to the way we get fuel into, and around, the country - and there are warnings about the huge implications of getting it wrong. The price of petrol is already burning a hole through many people's pockets, and with rising inflation and a war in Europe ignited by energy giant Russia, the pain at the pump won't be extinguished any time soon. Amid this smoldering situation, comes the transition of Marsden Point next month from oil refinery to import terminal. Instead of product being refined here and shipped to ports around the country, it's estimated 175 big tankers will bring in what we need each year - roughly one pumping and dumping into our supplies every two days. The two tankers that have been chugging New Zealand-refined product around the country's coastline, the MT Kokako and MT Matuku, will be taken out of service in a few weeks. And this change will affect how we meet our obligation to keep a certain about of fuel in reserve. Kathryn speaks first to Craig Harrison, president of the Maritime Union which is part of the Save Our Tankers campaign - concerned about the impact of these fundamental changes. She'll also talk to Julian Hughes, Z Energy's General Manager, Supply.

The final shipment of crude oil is on its way to New Zealand - with the country's only refinery about to close. It will arrive at Marsden Point this weekend as all future shipments will be carrying refined oil, processed offshore. It's the last delivery despite global uncertainty over oil pricing and supplies - driven by the conflict in Ukraine. Nita Blake-Persen reports.

Aotearoa's fuel security is dividing experts and suppliers. Z Energy - which owns a 13 percent share of Refining NZ - has put out a new report saying closing the Marsden Point refinery will make the supply chain more resilient and flexible. There is scepticism about that view. Sam Olley reports from Whangarei.

Aotearoa's fuel security is dividing experts and suppliers. Z Energy - which owns a 13 percent share of Refining NZ - has put out a new report saying closing the Marsden Point refinery will make the supply chain more resilient and flexible. There is scepticism about that view. Sam Olley reports from Whangarei.

Patuharakeke hapu say any confiscated land damaged by the Marsden Point oil refinery should be cleaned up before its returned. The Poupouwhenua land grab in the 1840s is a primary grievance in the Patuharakeke Te Iwi Trust claim, first filed to the Waitangi Tribunal more than a decade ago. The Tribunal is yet to release its findings, but much of the refinery operations are about to end. Sam Olley reports:

Patuharakeke hapu say any confiscated land damaged by the Marsden Point oil refinery should be cleaned up before its returned. The Poupouwhenua land grab in the 1840s is a primary grievance in the Patuharakeke Te Iwi Trust claim, first filed to the Waitangi Tribunal more than a decade ago. The Tribunal is yet to release its findings, but much of the refinery operations are about to end. Sam Olley reports:

Kiwi Property Group (KPG) releases its interim half year results showing a net profit increase of 164 percent. The board of Refining NZ (NZR) confirms Marsden Point will be decommissioned next year and be moved to an import only model. Ford (F) and Rivian (RIVN) decide to drop plans to partner on a new EV. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies' bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch, for any reason at all, email recap@sharesies.co.nz or record a voice message: https://anchor.fm/sharesies2/message. Investing involves risk. You aren't guaranteed to make money, and you might lose the money you start with. We don't provide personalised advice or recommendations. Any information we provide is general only and current at the time. For specific advice, speak to a licensed financial advice provider

Refining New Zealand has confirmed it will close its Marsden Point refinery in the first quarter of next year. Instead, Marsden point will be used as an import only terminal. Z energy was one of the stakeholders who voted to stop refining. Because margins had been volatile over recent years. 230 jobs will be lost when the refinery closes. John Carnegie from energy resources Aotearoa told Heather du Plessis-Allan the impact is hard to determine. “Diversifying the supply chains across fuel sellers will add diversity and resilience” LISTEN ABOVE  See omnystudio.com/listener for privacy information.

It could take years to know the full impact of the decision to stop refining oil at Whangārei's Marsden Point. The oil refinery will convert into a fuel-import-only terminal from April. Refining NZ shareholders voted overwhelmingly for the change, due to the glut of global fuel supplies, high pipeline fees, and plummeting fuel demand. But JMI Wealth Director Andrew Kelleher told Mike Hosking it will mean the loss of hundreds of jobs at the refinery itself and hundreds more at contractor companies. “It finally confirms the loss of a bunch of skilled jobs in Northland given the number of contractors and suppliers associated with and reasonably dependant on the refinery.” LISTEN ABOVESee omnystudio.com/listener for privacy information.

Refining New Zealand has confirmed it will close its Marsden Point refinery in the first quarter of next year. Instead, Marsden point will be used as an import only terminal. Z energy was one of the stakeholders who voted to stop refining. Because margins had been volatile over recent years. 230 jobs will be lost when the refinery closes. John Carnegie from energy resources Aotearoa told Heather du Plessis-Allan the impact is hard to determine. “Diversifying the supply chains across fuel sellers will add diversity and resilience” LISTEN ABOVE   

This week, Leighton and Sonya host Michael Bennetts, the CEO of Z Energy. Michael discusses the company's outlook in a predominately electric future and the reasons behind changes at Marsden Point and what it means for NZ's fuel security. Lunch Money is made for you, by Shareises. Episodes are recorded fortnightly. Register for upcoming episodes and submit your questions over on Crowdcast (https://www.crowdcast.io/sharesies). If there are any companies, fund managers, or other special guests you'd like to see on Lunch Money, flick us an email at events@sharesies.co.nz to let us know! Subscribe to the Lunch Money email newsletter for bite-sized market updates three times a week: https://www.sharesies.nz/lunch-money Or, if you're looking for a daily recap of the events shaping the New Zealand, Australian, and US share markets, tune in to our Recap podcast: https://www.sharesies.nz/recap Investing involves risk. You aren't guaranteed to make money, and you might lose the money you start with. We don't provide personalised advice or recommendations—for specific advice, speak to a licensed financial advice provider. Any information we provide is general only and current at the time.

Whangarei Maori say the benefits reaped from the Marsden Point oil refinery are drying up. Hundreds of jobs are set to go next year when the refinery changes to an import terminal. The speed of change at the refinery, which the company said just last year might not take place till 2036, is upsetting iwi. The Patuharakeke Te Iwi Trust Board spokesperson Juliane Chetham says iwi did not get a vote on the change, which compounds their historic loss of land and water resources.

The National Party's idea to keep Marsden Point oil refinery in an operational state in case we need it in the future, is being seen as a little too late.Shareholders have voted to drastically scale back operations at the Whangarei refinery - and switch to distributing pre-refined fuels.Whangarei Mayor Sheryl Mai says the deal's already been done.She told Kate Hawkesby shareholders are the fuel companies that would buy the fuel from the refinery, and they're the ones who voted for the change.“They've got a tremendous amount of power, so I think the discussions for that should have happened some time ago.”LISTEN ABOVE

Refining NZ's (NZR) shareholders have had their say on the future of the Marsden Point Refinery and by extension the future of NZ's fuel and petrol supply. Briscoes (BGP) releases its sales reports. Beyond Meat (BYND) has its second quarter results at the ready. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies' bite-sized email update: https://www.sharesies.nz/lunch-money Investing involves risk. You aren't guaranteed to make money, and you might lose the money you start with. We don't provide personalised advice or recommendations. Any information we provide is general only and current at the time.

Marsden Point's top boss claims shutting down oil refinery at the site won't jeopardise New Zealand's fuel supply.Refining New Zealand today voted to convert Marsden Point into a terminal that only imports processed petrol and diesel.It ends six decades of the country having its own ability to produce fuels - with the switch set to be complete mid next year.But Chief Executive Naomi James told Heather du Plessis-Allan we already import all of our fuel requirements today."70 percent is coming in as crude oil that we refine at Marsden Point, 30 percent is coming in as already refined product."LISTEN ABOVE

Aotearoa's ability to make our own fuel is set to be scrapped, with hundreds of Northland jobs to be lost as well. Refining NZ shareholders today voted overwhelmingly in favour of switching its Marsden Point operation to an import only terminal. That means all our diesel and petrol supplies will be processed exclusively offshore from mid next year. The move has raised red flags about fuel security, but the company's bosses claim it will make supplies more secure. Aanei te kai ripoata a Nita Blake-Persen no Te Tai Tokerau.

Shareholders in Refining NZ vote tomorrow on a recommendation from company directors to turn Marsden Point into a terminal that only imports processed fuels, ending six decades of the country having its own ability to make petrol and diesel.

Frustrated workers at Marsden Point feel abandoned by the government ahead of a vote over whether to cut hundreds of jobs. Shareholders will decide on Friday whether to stop processing oil at the country's only refinery and move to an import only set-up. Today workers had a union meeting to discuss next steps. Aanei te kai ripoata a Nita Blake-Persen.

Workers at the Marsden Point oil refinery are bracing for substantial job losses over the next 18 months as the company carries out plans to turn it into an import-only terminal. First Union, which represents oil refinery workers, says employee numbers will fall from 300 to 60 over the next 20 months. Additional cuts to its contracted workforce are also expected. The union will present a redundancy package negotiated with Refining NZ to its members at a meeting this morning. Refining NZ is one of Northland's biggest employers, contributing around 6 percent of the region's entire GDP. First Union spokesperson Jared Abbott will be meeting with union members later today. He spoke to Corin Dann.

Northland's jobless rate could be set to skyrocket as one of the region's biggest employers winds down. Workers at the Marsden Point oil refinery are bracing for hundreds of jobs to go next year, when the terminal is expected to move towards imports only. A shareholder meeting to decide the refinery's fate is being held next Friday. The government says it is involved with talks to help affected staff, but those workers say they feel forgotten. Nita Blake-Persen reports.

The country's only oil refinery expects to decontaminate and decommission its equipment, but is not required to have a clean-up plan in place yet for the polluted groundwater and land at Marsden Point. Refining NZ is moving quickly, to get shareholder approval to shut down refining in 2021. The Government faces clean-up problems at industrial sites elsewhere, but despite that, its officials have had little communication about this with Refining NZ. Phil Pennington is looking into this.

The country's only oil refinery expects to decontaminate and decommission its equipment, but is not required to have a clean-up plan in place yet for the polluted groundwater and land at Marsden Point. Refining NZ is moving quickly, to get shareholder approval to shut down refining in 2021. The Government faces clean-up problems at industrial sites elsewhere, but despite that, its officials have had little communication about this with Refining NZ. Phil Pennington is looking into this.

Talks are under way with New Zealand's only oil refinery about potentially using the facility to make biofuels. The Marsden Point refinery near Whangārei looks likely to be scaled back to an import-only terminal next year, with hundreds of jobs to be cut. But workers say that would be a huge waste, with many staff keen to use their skills to make alternative fuels, as part of Aotearoa's carbon zero goals.

The brakes have once again been slammed on plans for a four-lane highway near Whangārei - and local leaders are furious. The road between Whangārei and Marsden Point has been a regional transport priority for more than 10 years, but an upgrade has today been substituted for a new rail line out to the port. KiwiRail and NorthPort say it will be a game changer for the area - but many Northlanders aren't impressed. Nita Blake-Persen filed this report.

Workers at Northland's oil refinery say the region should be bracing for the biggest loss of jobs in a generation, but not enough is being done to cushion the blow. Plans for a $250 million shutdown of Marsden Point, to turn it into an import-only terminal, are already well advanced. While Refinery NZ says it does not yet know how many jobs are on the line, workers estimate hundreds could be gone by the end of next year. They say that will have a massive impact on the region, which already has some of the country's highest unemployment rates. Nita Blake-Persen reports.

The Government has been warned there are security risks in the country stopping doing any of its own oil refining. Plans to turn New Zealand's refinery, Marsden Point, into an import-only terminal are already well advanced. Officials have raised questions about security of supplies, as well as 320 jobs on the line, and about cleaning up the contaminated site. Phil Pennington is looking into this.