There's been mixed reaction to the government’s decision to end offshore oil and gas exploration.

Iwi and environmental groups welcome the decision but others say it's a threat to provincial economies.

Last year south Taranaki iwi Ngāti Ruanui took their opposition to parliament and Debbie Ngarewa-Packer says the iwi support the decision.

“It's a bold call indeed by the government and I commend them for the hard work they've done.”

PM Jacinda Ardern says the government will not be issuing new permits to companies for offshore oil and gas drilling.

“There will be no new oil and gas permits. We are committed to the goal of becoming a net zero emissions economy by 2050.”

Neil Holdom, the Mayor of New Plymouth is concerned about the future of the Taranaki economy.

Ngarewa-Packer says she understands their feelings.

“I think we should respect how they will be feeling with this news. As we've felt like that for the last 50 plus year with not being consulted.”

Could this be the end of the petroleum industry?