Industry FAQs
Refining of Petroleum
Petroleum is a complex mixture of organic liquids called crude oil and natural gas, which occurs naturally in the ground and was formed millions of years ago. Crude oil varies from oilfield to oilfield in colour and composition, from a pale yellow low viscosity liquid to heavy black ‘treacle’ consistencies. Crude oil and natural gas […]
Oil Supply Emergencies and the IEA Response System
The International Energy Agency (IEA) is the energy forum for 28 industrialised countries, founded in 1974 (see www.aip.com.au/pricing/iea.htm). IEA member country governments are committed to taking joint measures to meet oil supply emergencies. They also have agreed to share energy information, co-ordinate their energy policies and cooperate in the development of rational energy programmes. In […]
Regulation of Fuel Quality in Australia
The Federal Government has introduced regulation of the quality of petrol and diesel fuel in Australia. The principal drivers of the fuel quality regulation are environmental. The adoption of emerging vehicle engine and emission control technologies is a key strategy in the management of ambient air pollution and air toxics, particularly in urban areas, and […]
ACCC Formal Price Monitoring Report (December 2014) – Seventh Report
The ACCC releases its Formal Monitoring Reports each year (‘Monitoring of the Australian petroleum industry-report of the ACCC into the prices, costs and profits of unleaded petrol in Australia’).
ACCC Formal Price Monitoring Report (December 2013) – Sixth Report
The ACCC releases its Formal Monitoring Reports each year (‘Monitoring of the Australian petroleum industry-report of the ACCC into the prices, costs and profits of unleaded petrol in Australia’).
ACCC Formal Price Monitoring Report (December 2012) – Fifth Report
The ACCC releases its Formal Monitoring Reports each year (‘Monitoring of the Australian petroleum industry-report of the ACCC into the prices, costs and profits of unleaded petrol in Australia’).
ACCC Formal Price Monitoring Report (December 2011) – Fourth Report
The ACCC releases its Formal Monitoring Reports each year (‘Monitoring of the Australian petroleum industry-report of the ACCC into the prices, costs and profits of unleaded petrol in Australia’).
ACCC Formal Price Monitoring Report (December 2010) – Third Report
The ACCC releases its Formal Monitoring Reports each year (‘Monitoring of the Australian petroleum industry-report of the ACCC into the prices, costs and profits of unleaded petrol in Australia’).
ACCC Formal Price Monitoring Report (December 2009) – Second Report
The ACCC releases its Formal Monitoring Reports each year (‘Monitoring of the Australian petroleum industry-report of the ACCC into the prices, costs and profits of unleaded petrol in Australia’).
Petroleum Import Infrastructure in Australia
ACIL Tasman, on behalf of the Federal Department of Resources, Energy & Tourism, has completed a comprehensive Audit of terminals suitable for importing petroleum products into Australia. The findings of the Audit are outlined in ACIL’s Tasman’s report – ‘Petroleum Import Infrastructure in Australia’ – released by the Minister for Resources and Energy on 24 […]