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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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In 2008, the Department of Resources, Energy and Tourism (DRET), on behalf of NOSEC, undertook a Liquid Fuel Emergency Simulation Exercise – 'Catalyst 2008'. The aim of 'Catalyst 2008' was to test the emergency preparedness of the Commonwealth State and Territory Governments and industry to manage…Date
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The Australian Institute of Petroleum has welcomed the Federal Government's decision to crack down on illicit fuel blending activities, but has urged wider reform to stop the problem re-occurring in the future. "Today's announcement by the Assistant Treasurer, Senator Rod Kemp, that the…Date
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The Australian Institute of Petroleum today called on the Australian Automobile Association to support measures to combat the current fuel substitution racket. AIP Executive Director, Mr Jim Starkey, said the Australian Automobile Association's opposition to excise uniformity on petroleum…Date
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The oil industry today urged Federal and State Governments to introduce measures to end once and for all fuel substitution practices. The call follows exposure of the latest racket, which involves unscrupulous operators blending the solvent toluene into petrol, so as to evade payment of…