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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…

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Caltex Managing Director and Chief Executive Officer Tony Blevins will succeed Shell Australia Chairman Peter Duncan as Chairman of the Australian Institute of Petroleum (AIP) effective today. Mr Blevins has been Managing Director and Chief Executive Officer of Caltex since 31 March 2000 and a…

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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…

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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…

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TIME TO PUT REALITY BACK INTO PETROL PRICES DEBATE The Australian Institute of Petroleum has today exposed a number of myths about petrol pricing which have taken hold in recent months. "Petrol prices are set by the normal pressures of supply and demand, with Australians enjoying amongst the…

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Mr Bryan Nye, currently Chief Executive Officer of the Australian Property Institute, has been appointed Executive Director of the Australian Institute of Petroleum. The appointment takes effect from 7 August 2000. In announcing the appointment, the Chairman of the Institute, Mr Peter Duncan,…

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Australia's oil industry today rejected Federal Government claims that cost reductions as a result of tax reform would see industry savings of 1.5 cpl on petrol and diesel. The Deputy Director of the Australian Institute of Petroleum, Mr Ewen Macpherson, said the Government's claimed cost…

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"Despite constant accusations of oil company price manipulation, the facts show that petrol prices fell in every town and city measured by the independent Informed Sources petrol price monitoring service," the Executive Director of the Australian Institute of Petroleum, Mr Bryan Nye, said today…

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OIL INDUSTRY ACTION AGENDA RELEASED The Federal Government and the oil industry today released the Downstream Petroleum Products Action Agenda. AIP Chairman, Peter Duncan, said that the refining industry had come under severe challenge in recent years, the result of severe competition from…

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The oil industry has welcomed the ACCC’s report of its investigation of petrol price movements from January to August 1999. The ACCC’s investigation has confirmed that increases in petrol prices have been lower than would be justified by increases in world oil prices. The key findings of the…