Archive for October, 2015

Oil and Gas retreating for now, but no time for complacency

October 17, 2015

Climate Justice Taranaki

In the last month we have seen oil giant Shell pulled out of the Arctic and postponed its 2015 drilling programme in NZ’s Great South Basin indefinitely. Two weeks ago, Tag Oil announced cutting its 2016 spending by nearly 30% and delaying its work in NZ until next financial year or “until we see better oil pricing“. This is good news for the children and parents of Norfolk school where Tag Oil had planned to drill just 600m away, at least for now.

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