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Upcoming changes to royalty rates
To maintain the value of the return to the Crown from the extraction of Crown owned minerals, royalty rates listed in the Minerals Programme for Minerals (excluding Petroleum) 2008 will be increasing.
MBIE developing Gas Transition Plan
The Government is working to develop a plan for an equitable transition for the fossil gas sector.
Petroleum Reserves data released
Details of New Zealand’s petroleum reserves as at the beginning of 2022 have been released by the Ministry of Business, Innovation and Employment (MBIE).
Regulator's Update – September 2022
In this issue of the Regulator's Update: Upcoming changes to royalty rates, tips for preparing applications, petroleum reserves data, a new Exploration Database coming soon, help us improve the website and more.
The Regulator’s Update — June 2022
Welcome to the June issue of the Regulator’s Update. In this issue: consultation on proposed regulations open now, fees and royalties are due soon, our new manager of minerals operations, an annual summary report wrap-up, the Aotearoa New Zealand Energy Strategy, and more.
Consultation on draft of Crown Minerals (Petroleum) Amendment Regulations 2022
Give your feedback on the proposed Crown Minerals (Petroleum) Amendment Regulations 2022. Consultation is open now and closes at 5pm on Monday 4 July.
The Regulator’s Update — March 2022
Welcome to the March issue of The Regulator’s Update. In this issue: Annual summary reports due 31 March, Iwi engagement is an important part of the permitting process and the Energy Hui with iwi in Taranaki – January 2022.
Get online and on time with annual summary reports
National Manager Petroleum and Minerals Susan Baas is encouraging all permit holders to submit their annual summary reports early in 2022, using the online permitting system (OPS).
Law change brings new decommissioning obligations and added enforcement
The Crown Minerals (Decommissioning and Other Matters) Amendment Act received Royal assent on 1 December 2021 and a number of new provisions are now in force.