Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Cleaner Fuels Welcomed, BP

15 May 2002

BP welcomes the government’s announcement for cleaner petrol and diesel in New Zealand.

BP Managing Director Peter Griffiths said BP already sells more environmentally friendly fuels in this country.

Since 2001 BP has sold diesel with a sulphur level of 500 parts per million - 80% less sulphur than conventional diesel - at its Christchurch service stations. To date, 21 million litres have been sold.

BP supported the government regulating for less sulphur in diesel sold in Auckland.

The company has also introduced a petrol called Ultimate with half the benzene of other petrol at 35 service stations.

Mr Griffiths said he would have liked to see the government introduce incentives for oil companies to produce fuels from renewable sources such as ethanol. In Queensland, BP is working on a state-funded project to produce petrol made out of ethanol from sugar cane.

Mr Griffiths said today’s announcement will put New Zealand’s fuel quality back on a par with other countries.

“However, until our government regulates for better vehicle maintenance, especially an emission test as part of warrant of fitness testing, and toughens laws on diesel used imports, cleaner fuels will only have limited effect on our air quality.”

- ends –

© Scoop Media

Business Headlines | Sci-Tech Headlines


Dump Levy Options: Waste Work Programme Announced

Associate Environment Minister Eugenie Sage has announced a programme of work to take action on New Zealand’s long-neglected waste problems. More>>


Real Estate: Foreign Buyers Ban Passes Third Reading

The Bill to put in place the Government’s policy of banning overseas buyers of existing homes has passed its third and final reading in the House. More>>


Nine Merger: Fairfax Slashes Value Of NZ Business

Fairfax Media Group more than halved the value of its Kiwi assets, attaching just A$40 million to mastheads that were once the core of a billion dollar investment. More>>

Collecting Scalpers: Commerce Commission To Sue Viagogo

The Commission will claim that Viagogo made false or misleading representations: • that it was an “official” seller, when it was not • that tickets were limited or about to sell out • that consumers were “guaranteed” to receive valid tickets for their event • about the price of tickets... More>>


Price Of Cheese: Fonterra CEO Goes Early After Milk Price Trimmed

Aug. 15 (BusinessDesk) - Fonterra Cooperative Group chief executive Theo Spierings is leaving the role early after the world's biggest dairy exporter lowered its farmgate payout and trimmed its dividend to retain cash. More>>