Resources
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Australian oil refineries make a significant contribution to the economy and local communities, and support our key export industries and supply security. They play a major role in Australia’s fuel supply chain, producing around half of the transport fuels needed every day.Date
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Australian refineries have long supported orderly transitions to better fuel standards where a community benefit has been demonstrated in terms of health and environmental outcomes, and where the cost impacts on refineries and consumers can be effectively managed.Date
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There is an extensive range of Federal, State/Territory and Local government regulations and legislation applying to refineries and businesses operating in the downstream petroleum industry. Some of the key regulations are outlined below. Formal Price Monitoring On 17 December 2007, under…Date
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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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Australian refineries continue to operate with no indications of any plans to close the remaining four There have been statements and Inquiry submissions from all refining companies about their future refinery investment plans and the ongoing role of these facilities in meeting customer…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…Date
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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').Date
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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').Date
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AIP produces an industry report – 'Downstream Petroleum' – which provides a concise overview of downstream petroleum refining and marketing in Australia. The report, compiled every two years, covers the financial performance of the industry and the future challenges it faces.Date
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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').