Resources
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The Australian Institute of Petroleum (AIP) welcomes the tabling of the Senate Economics Committee Report into Petrol Prices in Australia. “The central message in the Report is clearly that the Australian fuel market is a strongly competitive market, from which consumers benefit (page 51),…
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The Australian Institute of Petroleum (AIP) has recently lodged a comprehensive submission to the Senate Committee Inquiry into the price of petrol in Australia. This submission has been prepared to improve community understanding about petrol pricing in Australia and the international and domestic…Date
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The Australian Institute of Petroleum (AIP) and its member companies welcome the introduction of legislation into the Australian Parliament by Ian Macfarlane, Minister for Industry, Tourism and Resources to implement retail petroleum market reform. The Australian petroleum market will continue…Date
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The Australian Institute of Petroleum today advised that rising demand and tight supplies in the international petroleum markets was continuing to put upward pressure on pump prices in Australia. "There are a number of coincidental international factors at work in the market that continue to put…Date
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The Australian Institute of Petroleum today advised that changes in the international petroleum markets are putting upward pressure on pump prices. "Petrol prices in Australia are set on the price of available product in Singapore, which is a benchmark for prices in the Asian region. The reason…Date
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The Australian Institute of Petroleum today released its annual survey of oil industry profitability that confirmed the refiner-marketer oil companies made an underlying loss making and selling petroleum products in 2000. The 2000 Ernst & Young Downstream Oil Industry Financial Survey that…Date
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THE HEALTH WATCH STUDY Since 1980, the Australian Institute of Petroleum (AIP) has commissioned the development and operation of an independent epidemiology program called Health Watch. Health Watch is a research program which studies people who have worked in the Australian petroleum (oil…Date
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The Australian Institute of Petroleum today suggested a touch of reality was required in the current debate on petrol prices. "The attached table published by the International Energy Agency (IEA) clearly shows that the Australian petroleum industry is intensely competitive and is recognised as…Date
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The petroleum industry today welcomed new legislation providing for the safety needs of large-scale hazardous facilities such as refineries, factories and storage places in Queensland. "The Dangerous Goods Safety Management Act 2001 passed by Parliament today is progressive legislation…Date
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Australian motorists benefited from falling petrol prices across the country during March, according to the latest independent Informed Sources petrol price report. The Executive Director of the Australian Institute of Petroleum, Mr Bryan Nye, said the Informed Sources report for March showed…