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fuel security

Oil product imports set to soar as BP, Shell close Australian refineries

Australia’s oil product imports in 2015 are expected to grow at the fastest pace in at least seven years as it shuts another ageing refinery, putting it on track to …
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Australia’s 2015 oil product imports set to soar after ageing refinery closures

SINGAPORE, April 14 (Reuters) – Australia’s oil product imports in 2015 are expected to grow at the fastest pace in at least seven years as it shuts another ageing refinery, …
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2c petrol reserve cost on the cards

Industry Minister Ian Macfarlane says motorists may face a 2c rise on petrol prices to help the government meet the “extraordinarily expensive” international standards on oil reserve capacity, ABC Online
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Australia feels pressure over emergency oil

In the last line of defence against a global oil supply shock, Australia has long been the weakest link.

It is the only country among the 29 members of the …
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Energy White Paper eyes productivity and cost factors

Despite concerted efforts, particularly from the gas industry, to press for a greater focus on freight fuels other than diesel, the Federal Government’s Energy White Paper (EWP) refuses to accept …
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Cabinet ministers disagree over Australia’s oil reserve

TONY JONES, PRESENTER: Last night we brought you the story of how you could soon be paying more for petrol as the Government looks for ways to build or fund …
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Australian oil reserves below international standards and will cost billions to fix, energy white paper says

The Industry Minister has revealed motorists could be slugged up to 2 cents a litre at the petrol pump to help the Government pay for “extraordinarily expensive” options to …
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The fuel supply debate In Australia

By  •  Advocacy, ACAPMA, Supply

Many readers will be aware that there is currently a national debate surrounding Australia’s adherence with the IEA’s International Energy Programme (IEP), with much of it arising from a report …
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Fuel industry: Not drowning, waving

It must look like it is a great exodus that defines the future of the Australian fuel industry. With each significant announcement by a major oil company we see another …
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