1 Mar 2023

Midday Business News for 1 March 2023

From Business News, 12:21 pm on 1 March 2023

News from the business sector Power company Meridian Energy says negotiations with the owners of the Tiwai Smelter are ongoing, but by no means certain the supply agreement will be renewed when it expires next year. The country's biggest oil and gas producer is looking to sell its New Zealand assets. The country's biggest fuel retailer Z Energy says it's still in recovery mode as profits track below pre-Covid levels, despite higher prices boosting revenue.