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BP forges new fuel retail JV in China as it mulls options on Woolworths
3 weeks ago

BP forges new fuel retail JV in China as it mulls options on Woolworths

BP Australia head Andy Holmes says a joint venture the oil major has formed in China will use expertise from the group’s Australian fuels retailing business to provide a new …
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High energy bills passed on to motorists
4 months ago

High energy bills passed on to motorists

Fuel businesses are receiving higher than anticipated electricity bills and being forced to pass on the costs to motorists through raised fuel prices.

According to ACAPMA, some fuel businesses are …
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Coles feels petrol pinch as Viva Energy lifts supply prices
10 months ago

Coles feels petrol pinch as Viva Energy lifts supply prices

COLES has pointed the finger at its petrol supplier, Viva ­Energy, for lifting the prices it charges the supermarket heavyweight following a 20 per cent plunge in fuel sales.

It comes …
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Sydney petrol below cost
1 year ago

Sydney petrol below cost

Retail petrol: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol fell by 1.6 cents to 129.9 cents a litre in the week to …
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BP sees renewables grow, cuts long-term oil, gas demand
1 year ago

BP sees renewables grow, cuts long-term oil, gas demand

British oil giant BP expects global coal demand to peak in the next decade and has cut forecasts for long-term oil and gas demand as renewable power takes more …
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OPEC will attempt to drive up oil prices
1 year ago

OPEC will attempt to drive up oil prices

OPEC has called a truce on its oil war, meaning Australian motorists may pay a few more cents at the pump this Christmas.

At a meeting in Vienna in the …
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Oil rally in peril as stockpiles rise amid weak growth
1 year ago

Oil rally in peril as stockpiles rise amid weak growth

Surging demand from drivers in the richest countries helped power a big rally in crude this year. But many analysts say that surge is ending.

In the US, lower petrol …
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Caltex investment to boost Victorian fuel supply reliability
2 years ago

Caltex investment to boost Victorian fuel supply reliability

Australia’s only locally-owned and listed fuel company, Caltex Australia, will expand the capacity of the state’s second-busiest fuel terminal.

Caltex Australia said upgrades to its Newport fuel terminal – due …
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Multi-million dollar investment in Altona Refinery
2 years ago

Multi-million dollar investment in Altona Refinery

Minister for Energy and Resources 12/5/16

One of Australia’s leading oil and gas producers, ExxonMobil Australia, today announced an investment worth tens of millions of dollars in its Altona refinery.

Minister …
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Oil giants eye Great Australian Bight’s $100bn prize

Matt Chambers, 26 April 2016

Oil giants BP, Chevron and Statoil are chasing more than $100 billion of potential oil resources in the Great Australian Bight and have told a …
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