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The Australian Institute of Petroleum (AIP) and its member companies welcome the very encouraging results of the industry's 15th Health Watch Report released today by Monash University. Overall, the independent Health Watch Study clearly shows that petroleum industry employees have better…Date
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Shifting consumer preferences, as well as economic and policy changes, have seen the demand for LPG powered vehicles and LPG fuel decline sharply in recent years.Date
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The Australian Institute of Petroleum (AIP) was formed in 1976 to promote industry self-regulation and an effective dialogue between the oil industry, government and the community. It replaced a number of other organisations including the Petroleum Information Bureau that had been operating in…Date
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The price of petrol in Australia is dependent on world market prices Crude oil, petrol and diesel are bought and sold in their own markets. Each market is regionally based and there are linkages and transactions between regional markets. Prices in regional markets reflect the supply and…Date
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AIP has produced a new publication – Maintaining Supply Security and Reliability for Liquid Fuels in Australia – which provides a factual overview of the liquid fuels market and supply chain in Australia. It also details the key factors influencing the secure and reliable supply of liquid fuels to…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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The NOSEC is a committee of the Ministerial Council on Energy (MCE) and provides the main executive channel through which Commonwealth and State Governments formulate their overall management response to a national liquid fuel emergency. The task of the NOSEC is to ensure that the Federal…Date
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Self-sufficiency in transport fuels is not necessary for supply security Security of supply is the result of resilient and efficient supply chains and robust risk management – it is not about self-sufficiency or independence from markets. There are 3 critical elements of any strategy to…Date
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Liquid Fuel Supply Security and Reliability The Australian liquid fuel supply chain has considerable span and diversity. It includes crude and petroleum product shipments into and around Australia, refinery throughput, bulk fuel storage tanks, extensive terminal and distribution networks, over…Date
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Through submissions to review processes, AIP aims to inform the community about the downstream petroleum industry, and its significance to the national economy, by making available comprehensive factual information and data about the industry and its performance over time. AIP material also…