Articles tagged with Shane Jones
Showing 15 of 165 articles
NZ Removes Royalties on Cushion Gas to Boost Underground Gas Storage and Energy Security
08 Sep 2026 | 13 hours ago | 74 viewsThe New Zealand Government will end the requirement for developers to pay royalties on "cushion gas," which is operational gas needed to maintain pressure in underground gas storage but unlikely to be extracted or sold. This change aims to remove regulatory barriers, encouraging investment in underground gas storage to improve the flexibility, resilience, and long-term energy security of the country’s energy system. An independent expert will determine the portion of gas qualifying as cushion gas, while future regulatory reviews will assess the effectiveness of this measure in supporting energy security.
Tags: Shane Jones Methanex New Zealand Resources Minister underground gas storage energy security petroleum regulatory framework cushion gas electricity generation gas royaltiesTaranaki Alliance Boosted by $3M Grant to Secure $100M+ Contracts
07 Sep 2026 | 1 day ago | 70 viewsThe Taranaki Alliance, supported by a $3 million Regional Infrastructure Fund grant, aims to help local firms secure over $100 million in contracts within three years, aiding economic diversification away from the declining oil and gas sector. The initiative, led by Te Puna Umanga Venture Taranaki and local partners, will coordinate collaboration among engineering, manufacturing, and technical firms to pursue large-scale national and international projects. With strong regional support and over 85 firms interested, the Alliance seeks to build a commercially sustainable model that enhances bid coordination, compliance, and regional economic representation.
Tags: Shane Jones Taranaki Alliance Te Puna Umanga Venture Taranaki Methanex New Plymouth District Council Venture Taranaki Regional Development Minister Coalition Government Regional Infrastructure Fund oil and gas sectorFast-Track Approval Boosts Port of Tauranga Expansion with Stella Passage Development
06 Sep 2026 | 2 days ago | 90 viewsThe Stella Passage Development at the Port of Tauranga has received fast-track approval, enabling significant expansion including wharf extensions, new container cranes, and dredging to accommodate larger vessels and nearly double handling capacity. This approval, granted in about five months through the Fast-track process, addresses longstanding constraints caused by limited capacity and aging infrastructure, enhancing New Zealand’s largest port’s efficiency and supporting regional economic growth. The project is the 34th approved under Fast-track, a system designed to expedite infrastructure developments that deliver economic value and keep New Zealand competitive globally.
Tags: Stella Passage Development Port of Tauranga Chris Bishop Shane Jones Sulphur Point Wharf Mount Maunganui Wharf New Zealand infrastructure Regional Development Environment CourtNew Zealand Invests $23.5M in Todd Energy Projects to Secure Gas Supply
06 Sep 2026 | 2 days ago | 85 viewsNew Zealand is advancing its energy security by investing up to $23.5 million from the Gas Security Fund in two Todd Energy projects aimed at unlocking nearly 20 petajoules of additional gas reserves over five to nine years. These projects, expected to deliver gas by 2027, will provide around 6% of the country's projected gas production, supporting energy reliability during peak demand and complementing the transition to renewable energy. The fund, designed to accelerate gas supply and ensure electricity generation reliability, has attracted strong interest and involves significant co-investment from Todd Energy to share risks and promote economic growth.
Tags: Shane Jones Chris Bishop Todd Energy New Zealand Gas Security Fund McKee Gas Cap Kānoa Ministry of Business Innovation and Employment Gas Advisory Panel25 Appointments Made to Nine New Zealand Community Trusts to Boost Local Support
02 Sep 2026 | 6 days ago | 144 viewsAssociate Finance Minister Shane Jones announced 25 appointments and reappointments to nine of New Zealand's 12 community trusts, which manage over $3.5 billion in investments and grant about $100 million annually to various organizations. The appointees bring diverse expertise across sectors such as education, healthcare, business, and community development to support the trusts' mission of strengthening communities. These trusts, governed by the Community Trusts Act 1999, serve charitable, cultural, philanthropic, and recreational purposes within their regions, with terms lasting up to four years.
Tags: Shane Jones Blair Currie Christine Hall Andrew Peckham Chris Williams Catriona McKay Jared Pullar Ryan Eagar Bali Haque Chris Ussher$1.97M Investment to Restore Southern Scallop Fishery and Boost Economy
02 Sep 2026 | 1 week ago | 184 viewsThe New Zealand Government is investing $1.97 million alongside industry partners in a seven-year programme to restore the southern scallop fishery in Tasman and Golden Bays, aiming to rebuild the marine habitat and create a self-sustaining fishery. The project involves restoring 39 hectares of seabed by placing mussel shells to improve conditions for scallops, addressing past habitat degradation and poor juvenile survival. With strong support from iwi and industry, the $5.02 million initiative is expected to generate $21 million in revenue over 20 years, benefiting the regional economy, biodiversity, and community wellbeing.
Tags: Shane Jones Challenger Scallop Enhancement Company southern scallop fishery Primary Sector Growth Fund Tasman Bay Golden Bay New Zealand scallop restoration marine habitat Top of the South iwi$1.97M Investment to Restore Southern Scallop Fishery and Boost Economy
02 Sep 2026 | 1 week ago | 156 viewsThe New Zealand Government is investing $1.97 million, alongside over 60% industry funding, in a seven-year program to restore the southern scallop fishery in Tasman and Golden Bays, aiming to rebuild the fishery, marine habitat, and biodiversity. The project involves restoring 39 hectares of seabed using mussel shells to improve habitat conditions, supported by science, innovation, and collaboration with iwi and industry stakeholders. This restoration is expected to generate approximately $21 million in new revenue over 20 years, benefiting the regional economy, seafood sector, and community wellbeing.
Tags: southern scallop fishery Shane Jones Challenger Scallop Enhancement Company New Zealand Primary Sector Growth Fund marine habitat restoration Tasman Bay Golden Bay scallop restoration Top of the South iwiNew Zealand Clears Minerals Permit Backlog Boosting Sector Growth and Investment
26 Aug 2026 | 1 week ago | 244 viewsThe New Zealand Government has successfully cleared a backlog of 311 historical minerals permit applications, enhancing the efficiency and certainty of the permitting system under Resources Minister Shane Jones. Interest and activity in the minerals sector have surged, with record numbers of applications and permit decisions made by New Zealand Petroleum and Minerals (NZP&M), supporting investment, regional growth, and economic opportunities. While NZP&M maintains timely and fair decision-making, the quality of applications remains crucial for processing speed, and the agency continues to administer over 1,000 permits with strong performance against targeted timeframes.
Tags: Shane Jones New Zealand Petroleum and Minerals NZP&M minerals permits minerals sector Government permitting system investment exploration mining permitsNew Petroleum Prospecting Application Targets Offshore Pegasus Basin in NZ
24 Aug 2026 | 2 weeks ago | 239 viewsResources Minister Shane Jones announced a new petroleum prospecting application by CBX Energy Limited for the largely under-explored Pegasus Basin east of New Zealand’s North Island, aiming to enhance understanding of its hydrocarbon potential. This application, covering over 4207 sq km, is part of a competitive three-month process and reflects renewed industry confidence following the repeal of the offshore exploration ban. The prospecting will utilize existing geological and geophysical data to inform future exploration, with applications assessed based on technical, financial, and compliance criteria under the Minerals Programme for Petroleum 2025.
Tags: Shane Jones CBX Energy Limited Pegasus Basin New Zealand Petroleum and Minerals Wahipapa fairway offshore exploration petroleum prospecting hydrocarbons Minerals Programme for Petroleum 2025 Crown Minerals ActPublic Consultation on Reopening Limited Scallop Fishing in Whangārei Harbour
23 Aug 2026 | 2 weeks ago | 266 viewsFisheries New Zealand is consulting the public on proposals to reopen limited recreational scallop fishing in Whangārei Harbour after a four-year closure, following surveys indicating sustainable scallop levels. The proposals include maintaining the current closure until broader management plans are finalized, allowing a limited seasonal scallop fishing starting this spring or summer, and establishing ongoing seasonal fishing from 2027 or 2028 with new fishing rules. Commercial scallop fishing will remain prohibited, and feedback is sought by 18 September to balance community benefits with sustainability.
Tags: Shane Jones Whangārei Harbour Fisheries New Zealand scallop fishing Northland scallop fishery SCA 1 recreational fishing kaimoana MPI Hauraki GulfNorthland Shipyard Fast-Track Approval Boosts NZ Maritime Economy and Jobs
21 Aug 2026 | 2 weeks ago | 263 viewsThe Northland Shipyard and Dry Dock project at Marsden Point has lodged a fast-track consent application under the Fast-Track Approvals Act 2024, aiming to provide domestic maintenance for large vessels and reduce reliance on overseas dry docks. The facility is expected to boost the economy by $1.05 billion over 38 years, create significant jobs during construction and operation, and support New Zealand’s maritime sector and regional development. Located near Northport with deep-water access, the project aligns with national infrastructure goals and is part of the National-NZ First coalition agreement.
Tags: Northland Shipyard Dry Dock Shane Jones Marsden Point Environmental Protection Authority New Zealand maritime Northport Whangārei HarbourNew Zealand Unifies Fisheries Management to Boost Aquaculture Growth by 2035
19 Aug 2026 | 3 weeks ago | 320 viewsLegislation changes will centralize fishing and fishery resource management under the Fisheries Act, removing councils' authority to regulate these activities to reduce confusion and streamline oversight. The new planning system replacing the Resource Management Act aims to support primary sector growth, simplify aquaculture consent processes, and enable ministerial decisions on aquaculture space to boost sustainable industry expansion. These reforms intend to enhance fishery sustainability, increase seafood availability, and create economic opportunities while maintaining local community involvement and transitioning existing council rules until 2030.
Tags: Shane Jones Fisheries Act Planning Bill Natural Environment Bill Resource Management Act aquaculture New Zealand fishery resources councils kaimoanaNew Petroleum Mining Permit Boosts NZ Gas Supply and Oil Exports
13 Aug 2026 | 3 weeks ago | 320 viewsNew Zealand has granted a 10-year petroleum mining permit to Matahio NZ Onshore Limited for the Puka field in Taranaki, expected to increase domestic natural gas supply and generate export revenue from oil production. The permit highlights growing momentum in the petroleum sector, with estimated recoverable reserves supporting energy security amid declining gas supplies. Resources Minister Shane Jones emphasizes the importance of a diverse energy system combining responsible resource development, renewable energy, and emerging technologies to ensure affordable and reliable energy.
Tags: Shane Jones Matahio NZ Onshore Limited New Zealand Petroleum and Minerals Puka field Oru prospect Taranaki petroleum mining permit natural gas oil production energy securityNew Petroleum Mining Permit in Taranaki Boosts NZ Gas and Oil Supply
13 Aug 2026 | 3 weeks ago | 340 viewsNew Zealand has granted Matahio NZ Onshore Limited a 10-year petroleum mining permit for the Puka field in Taranaki, expected to add natural gas to the domestic market and generate valuable oil export earnings. The permit highlights growing momentum in the petroleum sector amid declining gas reserves, with gas remaining critical for electricity generation and industrial use alongside renewable energy. Resources Minister Shane Jones emphasizes that responsible resource development, combined with investment in renewables and emerging technologies, is essential for a resilient, affordable, and secure energy system.
Tags: Shane Jones Matahio NZ Onshore Limited New Zealand Petroleum and Minerals Puka field Oru prospect Taranaki petroleum mining permit natural gas oil production energy securityNational's Infrastructure Plan: Fixing NZ Land Transport Funding and Costs
12 Aug 2026 | 3 weeks ago | 421 viewsThe speaker highlights the government's strong infrastructure track record, emphasizing value-for-money investments, policy reforms, and major projects underway, while acknowledging challenges like a funding gap and high costs in the land transport system. To address these, the government plans an independent report on cost drivers and reforms in funding and oversight, aiming for a sustainable, user-funded, and efficient transport network aligned with economic growth and housing development. The upcoming Government Policy Statement (GPS) 2027 will focus on cost control, maintenance, productivity, safety, and transit-oriented development to maximize infrastructure benefits and support growth.
Tags: David Howard Alan Pollard Matua Shane Jones Infrastructure Commission National Infrastructure Funding and Financing Limited Kāinga Ora National Party Ministry for Cities Environment Regions and Transport