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Cabinet has approved a change to the Crown Minerals (Petroleum) Regulations 2007 to bring the due date for Annual Summary Reports for petroleum permit and license holders forward to 1 March, starting with the 2026 reporting cycle.
On 25 September 2025, amendments to the Crown Minerals Act 1991 and supporting secondary legislation came into effect.
The Crown Minerals Amendment Act 2025 was enacted on 5 August 2025 and is now law.
The Ministry of Business Innovation and Employment (MBIE) is seeking submissions on a proposal to publish material online for the Crown Minerals Act 1991 Programmes. Submissions close 5 August 2025.
Welcome to this issue of the Regulator’s Update – a newsletter from the Ministry of Business, Innovation & Employment (MBIE) for permit holders and other people interested in the work of New Zealand Petroleum & Minerals (NZP&M).
New figures released today showing a decline in New Zealand’s gas reserves is a stark reminder why the Government is taking decisive action to bolster the industry and seek more investment in exploration and production, Resources Minister Shane Jones says.
In 2024, New Zealand Petroleum and Minerals (NZP&M) introduced processing timeframes for minerals and petroleum applications received from 1 July 2024 and committed to publishing results quarterly on its performance against those timeframes.
New Zealand banks have introduced a ‘Confirmation of Payee’ service to check if account names and account numbers match before you make a payment.
Welcome to this issue of the Regulator’s Update – a newsletter from the Ministry of Business, Innovation and Employment (MBIE) for permit holders and other people interested in the work of New Zealand Petroleum and Minerals (NZP&M).