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Live Updates  >  Live Update Details

2025-07-31 13:50:56

[New Zealand Government lifts ban on offshore oil and gas exploration] On July 31st local time, the New Zealand government lifted the ban on offshore oil and gas exploration. New Zealand Resources Minister Sean Jones pointed out that this move is expected to increase natural gas supply and ease energy cost pressures. However, the decision has sparked strong opposition from local environmental groups, who are concerned that this policy may damage New Zealand's environmental image.

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