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Now playing Next New Zealand Oil protester performs Haka outside conference Greenpeace held a protest outside the New Zealand Petroleum Conference 2017, in New Plymouth. 30/03/2017
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Now playing Next world news EU Parliament rejects total ban on Arctic oil drilling European Parliament lawmakers voted against a non-binding motion to prohibit oil and gas exploration in the Arctic 17/03/2017
Now playing Next World Oil price falls to new 2017 low Oil prices have tumbled following an OPEC report that stocks are rising worldwide, despite an agreement to reduce output to try to push up prices. 14/03/2017
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Now playing Next Business Saudi Arabia's oil price target revealed Saudi Arabia reportedly wants crude oil to rise to around $60 a barrel this year to encourage new investment but not boost US shale oil output. 28/02/2017
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Now playing Next Business OPEC producers really are pumping less, boosting crude prices Oil prices jump on word that OPEC producers have achieved over 90 percent of the output cuts they had pledged. 10/02/2017
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Now playing Next USA Greenpeace take over crane near White House to display "Resist" message A crane on a construction site overlooking the White House in Washington D.C. has been taken over by Greenpeace to display a banner with the message "Resist". 25/01/2017
Now playing Next USA Trump accelerates controversial Keystone and Dakota pipelines Not one to shy away from a challenge, US President Donald Trump has signed executive orders to accelerate two controversial pipeline projects. 24/01/2017
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Now playing Next Business Oil prices hit 18-month high on production cut hopes Oil prices hit their highest in 18 months on hopes the deal between OPEC and non-OPEC members to cut production will reduce a glut of crude. 03/01/2017
Now playing Next Mexico Protests greet 20% petrol price hike in Mexico Mexico's energy reforms have started to bite with a 20 percent rise at the petrol pumps and angry consumers have been protesting. 02/01/2017
Now playing Next USA Obama bans new oil and gas drilling in US Arctic and Atlantic waters The outgoing president has used an old law to try to protect the regions permanently from exploration, before Donald Trump takes office. 21/12/2016
Now playing Next Business Line OPEC and Russia oil cut deals promise to address supply glut Business Line considers the details of the agreements reached by oil producers from OPEC and other countries to cut output. Will it boost oil prices? 14/12/2016
Now playing Next Business Russia signs oil development deals with Iran Russia is moving forward with its plans to become a major investor in Iran through initial agreements covering various industries, particularly oil. 13/12/2016