INDEPENDENT NEWS

Last oil giant isolated after majors pull out

Published: Wed 19 Jun 2019 11:37 AM
Two down, OMV to go: Last oil giant isolated after majors pull out
Wednesday, June 19: Oil majors Chevron and Equinor have abandoned their oil and gas exploration permits off the east coast of the North Island, leaving Austrian oil company OMV as the last remaining oil giant in New Zealand.
The move comes a year after the Coalition Government issued a ban on new oil and gas exploration permits. This followed a decade of public pressure to end new oil exploration due to climate change and the risk of a major oil spill.
Greenpeace senior campaigner, Steve Abel, says the pull-out has rendered OMV’s oil exploration plans in New Zealand even more uncertain.
"We’ve seen the rats fleeing New Zealand’s sinking oil industry for years, but we’re really down to the dregs now with these two majors quitting New Zealand, leaving OMV isolated," he says.
"Unrelenting peaceful protest, civil disobedience, and iwi opposition up and down the country has already forced the withdrawal of Anadarko, Petrobras, and Shell, and saw Equinor give up their Northland permits."
The movement inspired the Ardern Government to ban all new oil and gas exploration in most of New Zealand’s four million square kilometers of Exclusive Economic Zone, but left existing permits covering around 100,000 kilometres.
Companies with permits awarded before the ban have still been allowed to search for oil in those areas. Seventeen permits remain and, until today, OMV, Chevron and Equinor (formerly known as Statoil), held all of the permits for the Pegasus Basin off the Wairarapa coast.
Abel says New Zealand has been at the vanguard of challenging the oil industry globally.
"New Zealanders won the ban on new oil and gas exploration through a nationwide campaign that saw iwi, hapū, local councils, and hundreds of thousands of people standing together to protect our oceans, coastlines, and the climate," he says.
"The exit of Chevron and Equinor is a case of two down, one to go. OMV, can expect resistance. There is no place for oil and gas exploration in a climate emergency."
OMV is one of 100 companies that have caused more than 70% of the world’s climate emissions, and is currently drilling for oil in the Arctic.
Greenpeace is running a series of peaceful civil disobedience workshops around the country including one in Taranaki this weekend, to train people in the art of peaceful protest to confront the corporations driving climate change.
ENDS
Greenpeace New Zealand
Greenpeace exists because this fragile earth deserves a voice.
Greenpeace is an independent global campaigning organisation that acts to change attitudes and behaviour, to protect and conserve the environment and to promote peace.
Contact Greenpeace New Zealand
Website:
Google+:
Twitter:
YouTube:
Facebook:
Email:

Next in New Zealand politics

Shots fired to warn fleeing driver in Huntly not justified
By: Independent Police Conduct Authority
Gordon Campbell on Kiwis being the Aussies’ Pacific go-fers
By: Gordon Campbell
Trades Hall bombing case re-opened, evidence released
By: RNZ
Govt targets fewer deaths on the road
By: New Zealand Government
Teachers unions to take legal action against Novopay
By: RNZ
Gordon Campbell on what’s wrong with Wellington
By: Gordon Campbell
Consensus reached on reducing agricultural emissions
By: New Zealand Government
Greenpeace tower climbers unfurl first banner
By: Greenpeace New Zealand
Greenpeace climbers scaling Wellington’s tallest building
By: Greenpeace New Zealand
Greenpeace protest is ignorant grandstanding
By: PEPANZ
Police accepts IPCA findings
By: New Zealand Police
Officer accused of sexual assault and breach of privacy
By: Independent Police Conduct Authority
Police pursuit in Auckland that resulted in collision
By: Independent Police Conduct Authority
Speech: Ardern - Why does good government matter?
By: New Zealand Government
Prime Minister to visit Australia
By: New Zealand Government
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media