Read our market announcements from 2017

Refinery to Auckland Pipeline

Yesterday, there was a report of a possible leak on the Refinery to Auckland Pipeline, which resulted in a temporary shutdown of the line while investigations were carried out.

Refinery to Auckland Pipeline  11/12/2017

Refining NZ - Shareholders Day

On Thursday 25 January 2018, Refining NZ will be hosting a day at the Refinery for our shareholders. This follows the commitment made by the Refining NZ Board at the Annual General Meeting in May.

Refining NZ - Shareholders Day  24/11/2017

Refining NZ Throughput and Margin Report for September/October 2017

Refining NZ achieved a Gross Refinery Margin1) (GRM) of USD 9.31 per barrel for the September/October period and captured Processing Fee income of NZD 62.2 million, compared with NZD 63.6 million for the July/August period. Year to date Processing Fee income is NZD 278.3 million which is 33% higher than the NZD 209.0 million earned in the equivalent 2016 period.

Refining NZ Throughput and Margin Report for September/October 2017  20/11/2017

Chairman's Letter to Shareholders 2017 Interim

Please find attached our interim report for the six months ending 30 June 2017.

Chairman's Letter to Shareholders 2017 Interim  29/9/2017

Refining NZ - 2017 Interim Report

Please find attached our interim report for the six months ending 30 June 2017.

Refining NZ - 2017 Interim Report  29/9/2017

Refining NZ Throughput and Margin Report for July/August 2017

Refining NZ achieved a Gross Refinery Margin1) (GRM) of USD 8.87 per barrel for the July/August operating period and captured Processing Fee income of NZD 63.6 million, compared with NZD 41.3 million for the corresponding period last year. Year to date Processing Fee income is NZD 216.1 million which is 38% higher than the NZD 156.4 million earned in the equivalent 2016 period.

Refining NZ Throughput and Margin Report for July/August 2017  28/9/2017

Refinery to Auckland Pipeline Leak – Market Update

Repairs to the Refinery to Auckland pipeline were completed and operations restored, over the weekend. The first batch of jet fuel starting arriving into Wiri at 10.09 am on Sunday, 24 September 2017 – around two hours ahead of the earliest planned delivery.

Refinery to Auckland Pipeline Leak – Market Update  26/9/2017

Interim Dividend Payment

As per our announcement to the NZX on Monday 18 September, we have estimated a revenue impact on the company (from the pipeline leak) to be in the order of NZ$10-15 million. On that basis there is no plan to change the payment of the interim dividend, scheduled for 28 September 2017.

Interim Dividend Payment  21/9/2017

Statement from the Chief Executive, Sjoerd Post

“While Refining NZ will not generally respond to media commentary, in the current circumstances regarding issues with the Refinery to Auckland pipeline, and recent media commentary concerning when Refining NZ first notified those issues to the market, Refining NZ considers it appropriate to do so. For complete clarity, there was no delay in disclosing information to the market or to other stakeholders.

Statement from the Chief Executive, Sjoerd Post  18/9/2017

Refinery to Auckland Pipeline Leak

Refining NZ has suffered a leak in its pipeline from the refinery to Wiri, Auckland. The leak is situated eight kilometres south of the refinery at Ruakaka.

Refinery to Auckland Pipeline Leak  17/9/2017

Results presentation notice

The attached half year results presentation will be given as part of a live web-cast on the company’s web-site, www.refiningnz.com, from 9:45am on Thursday 24th August 2017.

Results presentation notice  24/8/2017

Results presentation - Analysts Briefing

This presentation contains forward looking statements concerning the financial condition, results and operations of The New Zealand Refining Company Limited (hereafter referred to as “Refining NZ”).

Results presentation - Analysts Briefing  24/8/2017

Interim Announcement 2017

The Directors of The New Zealand Refining Company Limited today announced the Company’s financial results for the six months to 30 June 2017, details of which are attached.

Interim Announcement 2017  24/8/2017

Appointment of Director - Deborah Boffa

The Directors of The New Zealand Refining Company Limited announce the appointment of Ms Deborah Boffa as a Director, filling the vacancy created by the resignation of Mr Matthew Elliott. Ms Boffa is the Vice President Fuels NZ and Managing Director BP New Zealand Limited.

Appointment of Director - Deborah Boffa  24/8/2017

Preliminary Half Year Result announcement

The New Zealand Refining Company Limited (trading as Refining NZ) confirms that it will announce its Preliminary Half Year Result for the six months to 30 June 2017 on Thursday 24 August, 2017.

Preliminary Half Year Result announcement  4/8/2017

Refining NZ Throughput and Margin Report for May/June 2017

Refining NZ achieved a Gross Refinery Margin1) (GRM) of USD 7.63 per barrel for the May/June operating period and captured Processing Fee income of NZD 58.4 million, compared with NZD 43.3 million for the corresponding period last year.

Refining NZ Throughput and Margin Report for May/June 2017  18/7/2017

Resignation of Director

Further to the announcement made on 15 June 2017, the Directors of The New Zealand Refining Company Limited advise that they have received the resignation Mr Matthew Elliott as a Director of the Company.

Resignation of Director  29/6/2017

Directorship change – Matthew Howard Elliott

Refining NZ advises that it has been informed that Mr. Elliott, BP’s representative on the Board, will be resigning his directorship with Refining NZ in order to move to a new role within BP.

Directorship change – Matthew Howard Elliott  15/6/2017

Refining NZ Throughput and Margin Report for March/April 2017

Refining NZ achieved a Gross Refinery Margin1) (GRM) of USD 9.35 per barrel and captured Processing Fee income of NZD 48.1 million for the March/April period, compared with NZD 14.8 million for the corresponding period last year.

Refining NZ Throughput and Margin Report for March/April 2017  18/5/2017

Ongoing Disclosure Notice - Sjoerd Post

Ongoing Disclosure Notice – Disclosure of Directors and Senior Managers Relevant Interests.

Ongoing Disclosure Notice - Sjoerd Post  11/5/2017

Ongoing Disclosure Notice - Robin Baxter

Ongoing Disclosure Notice – Disclosure of Directors and Senior Managers Relevant Interests.

Ongoing Disclosure Notice - Robin Baxter  11/5/2017

Ongoing Disclosure Notice - Peter Gubb

Ongoing Disclosure Notice – Disclosure of Directors and Senior Managers Relevant Interests.

Ongoing Disclosure Notice - Peter Gubb  11/5/2017

Ongoing Disclosure Notice - Kevin Still

Ongoing Disclosure Notice – Disclosure of Directors and Senior Managers Relevant Interests.

Ongoing Disclosure Notice - Kevin Still  11/5/2017

Ongoing Disclosure Notice - Julian Young

Ongoing Disclosure Notice – Disclosure of Directors and Senior Managers Relevant Interests.

Ongoing Disclosure Notice - Julian Young  11/5/2017

Ongoing Disclosure Notice - Joseph Akari

Ongoing Disclosure Notice – Disclosure of Directors and Senior Managers Relevant Interests.

Ongoing Disclosure Notice - Joseph Akari  11/5/2017

Ongoing Disclosure Notice - Greg McNeill

Ongoing Disclosure Notice – Disclosure of Directors and Senior Managers Relevant Interests.

Ongoing Disclosure Notice - Greg McNeill  11/5/2017

Ongoing Disclosure Notice - Denise Jensen

Ongoing Disclosure Notice – Disclosure of Directors and Senior Managers Relevant Interests.

Ongoing Disclosure Notice - Denise Jensen  11/5/2017

Ongoing Disclosure Notice - David Cunningham

Ongoing Disclosure Notice – Disclosure of Directors and Senior Managers Relevant Interests.

Ongoing Disclosure Notice - David Cunningham  11/5/2017

Notification of acquisition of ordinary shares

For the purpose of Listing 7.12.1 of the NZX Main Board/Debt Market Listing Rules, The New Zealand Refining Company Limited (NZR) advises that the following securities have been acquired.

Notification of acquisition of ordinary shares  5/5/2017

Results of Resolutions Annual Shareholders Meeting

The Directors of the New Zealand Refining Company Limited advise that PricewaterhouseCoopers have been appointed auditors to the Company for the year ending 31 December 2017.

Results of Resolutions Annual Shareholders Meeting  3/5/2017

Share Buy-Back for Employee Share Purchase Scheme

Pursuant to NZX Listing Rule 7.6.2, The New Zealand Refining Company Limited hereby announces its intention to buy back $370,296 of its ordinary shares on-market through CRS Nominees Limited during the period 4th to 5th May 2017, to be granted to staff as part of an employee share purchase scheme.

Share Buy-Back for Employee Share Purchase Scheme  28/4/2017

Annual Meeting webcast

On Wednesday 3 May, Refining NZ will be holding its Annual Meeting of Shareholders at the Pullman Hotel, Corner Waterloo Quadrant and Princes Street, Auckland.

Annual Meeting webcast  26/4/2017

Notice of Meeting 2017

Refining NZ – Notice of Meeting 2017

Notice of Meeting 2017  13/4/2017

Refining NZ - 2017 Annual Meeting

The Company provides the following further information in relation to a shareholder motion proposed by Mr Brian Halliwell, which appears as agenda item 3(a) in the Notice of Meeting.

Refining NZ - 2017 Annual Meeting  13/4/2017

Appointment of Riccardo Cavallo

The Directors of the New Zealand Refinery Company Limited announce the appointment of Mr Riccardo Cavallo as a Director, filling the vacancy created by the resignation of Mr Andrew Warrell.

Appointment of Riccardo Cavallo  12/4/2017

Fire incident at Refining NZ

On Saturday 8 April there was a minor fire on a crude furnace at the Marsden Point refinery. The incident was managed successfully, without injury to refinery staff or emergency services crews.

Fire incident at Refining NZ  11/4/2017

Refining NZ 2016 Annual Report

Attached is Refining NZ’s 2016 Annual Report and Section 209 Notice.

Refining NZ 2016 Annual Report  30/3/2017

Announcement to NZX for Jan-Feb 2017

Refining NZ achieved a Gross Refinery Margin1) (GRM) of USD 6.58 per barrel for the January/February period. With strong throughput of 7.2 million barrels, Refining NZ captured Processing Fee income of NZD 45.9 million for the period.

Announcement to NZX for Jan-Feb 2017  22/3/2017

SSH - BP New Zealand Holdings Limited, Europa Oil NZ Ltd

Disclosure of movement of 1% or more in substantial holding Section 277, Financial Markets Conduct Act 2013.

SSH - BP New Zealand Holdings Limited, Europa Oil NZ Ltd  21/3/2017

Refining NZ - Trading Halt

NZX Regulation (“NZXR”) advises that, at the request of the company, it has placed a trading halt on The New Zealand Refining Company Ltd (“NZR”) ordinary shares.

Refining NZ - Trading Halt  17/3/2017

BP Share Sell down

Refining NZ advises that BP New Zealand Holdings Limited and Europa Oil NZ Limited (together “BP”) contacted it after the market closed yesterday advising that BP was conducting a process overnight to reduce its shareholding in Refining NZ by selling up to 11.1% of the 21.19% it initially held.

BP Share Sell down  17/3/2017

Director Nominations

On 3rd May 2017 the Annual Meeting of The New Zealand Refining Company Limited (trading as Refining NZ) will be convened.

On 3rd May 2017 the Annual Meeting of The New Zealand Refining Company Limited (trading as Refining NZ) will be convened.  16/3/2017

Shareholder Disclosure Refining NZ Employee Share Purchase

The New Zealand Refining Company Limited (trading as Refining NZ) has today sent to all shareholders the attached disclosure document required under the Companies Act 1993. The disclosure document relates to the provision of financial assistance to employees in connection with the acquisition of shares under Refining NZ’s DC 12 employee share plan.

Shareholder Disclosure Refining NZ Employee Share Purchase  15/3/2017

Resignation of Director

Further to the announcement made on 13 January 2017, the Directors of The New Zealand Refining Company Limited advise that they have received the resignation Mr Andrew Warrell as a Director of the Company.

Resignation of Director  13/3/2017

Analyst Presentation

The attached presentation was made to Analysts on Tuesday 28th February 2017.

Analyst Presentation  28/2/2017

Analysts Briefing

Analysts Presentation 2017.

Analysts Briefing  28/2/2017

Refining NZ - Full Year Announcement 2016

Refining NZ - Full Year Announcement 2016  28/2/2017

Refining NZ Full Year Results 2016 Webcast

Refining NZ’s Full Year Results will be announced at 9.45am NZT on Tuesday 28 February 2017.

Refining NZ Full Year Results 2016 Webcast  23/2/2017

Key Dates for 2017

The New Zealand Refining Company Limited (trading as Refining NZ) provides the following information.

Key Dates for 2017  13/2/2017

Announcement to NZX

Refining NZ Throughput and Margin Report for November/December 2016

Announcement to NZX  18/1/2017

Directorship change – Andrew T Warrell

Refining NZ advises that it has been informed that Mr. Warrell, ExxonMobil’s representative on the Board, will be resigning his directorship with Refining NZ in order to move to a new role within ExxonMobil.

Directorship change – Andrew T Warrell  13/1/2017

Independent Petroleum Laboratory Limited

Refining NZ advises that it has purchased the balance of the shares in Independent Petroleum Laboratory Limited (IPL), its Marsden Point based fuels testing laboratory, formerly held by BP Oil New Zealand Limited.

Independent Petroleum Laboratory Limited  4/1/2017