Resources
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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'…Date
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Relying on shipping (for imports) does not increase security risks, and shipping lanes are not easily disrupted. Most countries are reliant on movements of petroleum (crude and product) within and between countries, and particularly so for Australia (in both an export and import sense).…Date
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Australia has robust emergency response plans and arrangements Industry and governments fully recognise the potential impacts of a severe national shortage of fuel supplies to business and consumers. Australia has robust response plans for managing a national liquid fuel emergency, which…Date
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Subsidising domestic alternative fuel production is not necessary for energy security The reliable supply of conventional transport fuels (petrol, diesel and jet fuel) to the Australian market is underpinned by a diversity of supply options for petroleum products from domestic refiners and…
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On 5 February 2013 the House of Representatives Standing Committee on Economics tabled its Report on 'Australia's Oil Refinery Industry', following the Committee's inquiry in 2012. The Inquiry was conducted in relation to claims and concerns being raised about the viability of Australia's oil…
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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,…Date
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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…
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The Australian Institute of Petroleum (AIP) in conjunction with petrol manufacturing and importing member companies have decided to remove dye from unleaded petrol and E10 (regular unleaded petrol with 10% ethanol added). This change will not have any impact on the fuel’s performance or on…
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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').
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The Executive Director of the Australian Institute of Petroleum (AlP), Dr John Tilley, welcomed comments made by Deputy Prime Minister Warren Truss that the Australian Government is looking to amend restrictive coastal trading laws and to reduce red tape associated with the coastal trading…