NGC keeps the heat up

Other author's news:

• Colin James: National trying to work out tone - One thing is sure: 20 years after Sir Roger Douglas turned economic policy on its head there is still no broad consensus on the Government's role in the economy.
• Peter Griffin: Google's Gmail leaps to front in the space race - A couple of years back, I interviewed an amiable chap called Sabeer Bhatia - otherwise known in tech circles as "Mr Hotmail".
• Santos increases its Victoria gas interests - SYDNEY - Oil and gas producer Santos Ltd said on Friday it will expand its offshore Victorian gas interests after agreeing to increase its equity stake to 50 per cent in two gas fields.

Similar news:

• Auckland kept out of Vector, NGC deal - One of the merger proposals for publicly owned power giant Vector would ring-fence the company's Auckland assets and combine the rest with listed company NGC.
• NGC's profit falls 43 per cent - Listed gas company NGC Holdings today posted a full year net profit of $84.5 million, down 43 per cent from the $148 million posted the previous year.
• NGC deal still possible - Gas distributor NGC is keeping open the possibility of a merger with another big energy company after unveiling an $85 million profit in its first full year without it electricity business.

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