Friday, July 31, 2026

New Zealand Bans New Offshore Exploration

From NZ Herald Prime Minister Jacinda Ardern has banned future offshore oil and gas exploration in New Zealand. The only exploration likely to be contemplated by the new Government is on-shore exploration limited to energy-rich Taranaki. There are more than 30 existing permits for offshore oil and gas exploration and they will remain unaffected by today’s announcement. If those permits

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How Will Higher Taxes Impact Oklahoma?

From NewsOK Participants in Tuesday’s energy chat on NewsOK asked how recently approved increases in taxes on Oklahoma wells might impact the ongoing resurgence of the state’s oil and gas industry, among other things. The Oklahoman’s energy writers, Adam Wilmoth and Jack Money, fielded the questions. This is an abridged transcript of that conversation: Q: How does Oklahoma’s gross production tax