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Australia’s emergency fuel supply stocks critical, worst of IEA nations
11 months ago

Australia’s emergency fuel supply stocks critical, worst of IEA nations

A report from the Government controlled intelligence committee has recommended that Australia’s record low emergency fuel reserves be listed as a critical national security issue with the newly-created Home …
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IEA data supports market prices, according to OPIS
1 year ago

IEA data supports market prices, according to OPIS

If petroleum prices in Australia or worldwide are going to be checked it is going to come from refinery overproduction running head on with slackening global oil demand. It is …
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BP forges new fuel retail JV in China as it mulls options on Woolworths
1 year 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
1 year 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
2 years 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
2 years 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
2 years 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
2 years 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
3 years 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
3 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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