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Latest news: Oil and Gas - Downstream Activities

Australia 'well-placed' to weather fuel supply storm

Australia 'well-placed' to weather fuel supply storm

If the war in the Middle East ended now, there would still be impacts on supply chains, the federal energy minister warns.

Ukraine hits refinery, Putin says attacks intensifying

Ukraine hits refinery, Putin says attacks intensifying

Ukraine hits refinery, Putin says attacks intensifying

Ukraine hits refinery, Putin says attacks intensifying

President Vladimir Putin has complained about a growing number of Ukrainian attacks on civilian sites in Russia, pointing to strikes on oil facilities.

'Peddling lies': gas sector vents as tax pressure rises

'Peddling lies': gas sector vents as tax pressure rises

'Peddling lies': gas sector vents as tax pressure rises

'Peddling lies': gas sector vents as tax pressure rises

The minister responsible for gas in Australia has poured cold water on calls for an export tax as industry figures insist they pay their fair share.

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Oil and gas giant feels the heat from climate activists

Oil and gas giant feels the heat from climate activists

Shareholders have jeered as protesters concerned about the environment repeatedly disrupted a meeting hosted by Australia's biggest oil and gas company.

EU envoys meet in hopes of approving loan to Ukraine

EU envoys meet in hopes of approving loan to Ukraine

European Union officials are optimistic of to authorise a massive, long-delayed loan to support Ukraine's military and financial needs for the next two years.

Battle lines harden as gas giants take on tax proposal

Battle lines harden as gas giants take on tax proposal

Gas producers have mounted a full-throated defence of their tax contributions in an inquiry exploring opportunities for higher export levies.

Refinery owner reaps profit boost from Middle East war

Refinery owner reaps profit boost from Middle East war

Ampol, which supplies about 10 per cent of the nation's fuel supplies, has seen a big jump in margins on the back of the war in the Middle East.

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'Tiny' tax returns on gas has leading economist fuming

'Tiny' tax returns on gas has leading economist fuming

'Tiny' tax returns on gas has leading economist fuming

'Tiny' tax returns on gas has leading economist fuming

Australians have finite stocks of gas and other natural resources and deserve a fair return on them, an inquiry has been told as calls grow for tax reform.

Backbencher break ranks with call for gas export tax

Backbencher break ranks with call for gas export tax

Backbencher break ranks with call for gas export tax

Backbencher break ranks with call for gas export tax

A backbench Labor MP has urged his parliamentary colleagues to impose a new tax on gas exports despite opposition from the sector.

'Who gave you the right?': villagers take on gas giant

'Who gave you the right?': villagers take on gas giant

'Who gave you the right?': villagers take on gas giant

'Who gave you the right?': villagers take on gas giant

Leaders from remote Papua New Guinea villages have turned up at a shareholders meeting of gas giant Santos to question the board about a controversial project.

More cost relief on table as Aussies asked to save fuel

More cost relief on table as Aussies asked to save fuel

More cost relief on table as Aussies asked to save fuel

More cost relief on table as Aussies asked to save fuel

The impacts of the energy crisis will likely continue even if a Middle East ceasefire holds, the government warns as it prepares to roll out an ad campaign.

'Union-driven cash grab': LNG worker claims slammed

'Union-driven cash grab': LNG worker claims slammed

'Union-driven cash grab': LNG worker claims slammed

'Union-driven cash grab': LNG worker claims slammed

Union demands for workers at a gas export operation that's helping secure fuel and fertiliser for the nation don't pass the pub test, an industry group says.

Nation tops up fuel supply as Easter demand soars

Nation tops up fuel supply as Easter demand soars

Nation tops up fuel supply as Easter demand soars

Nation tops up fuel supply as Easter demand soars

Households and businesses face months of high fuel prices and associated costs even if there is a swift end to the Middle East conflict that is choking supply.

US could exit Iran war soon, Trump says - and NATO, too

US could exit Iran war soon, Trump says - and NATO, too

US could exit Iran war soon, Trump says - and NATO, too

US could exit Iran war soon, Trump says - and NATO, too

President Donald Trump has signalled the US may soon wind down the Iran war without a deal, and threatened to ditch NATO for not helping him with the conflict.

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Electric or bust: truck industry demands urgent U-turn

Skyrocketing diesel prices are adding cost and uncertainty to heavy transport and operators are calling for help to change the industry's direction.

Trump extends deadline for striking Iran's power plants

President Donald Trump has delayed a threatened strike on Iran’s energy infrastructure until April 6, after Tehran rejected a US ceasefire plan.

Oil exec handed largest ever fine over contract rigging

A court has fined an oil company $5 million and its chairman $1 million for cartel conduct in a case brought by the competition watchdog.

Iran targets Israel and calls Trump talks 'fake news'

Iran has fired more missiles at Israel and trashed President Donald Trump's claim the US is in talks to end the war, saying he's just manipulating the markets.

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Trump puts off threat to bomb Iran power stations

US President Donald Trump has extended his deadline for Iran to reopen the Strait of Hormuz, delaying power plant strikes after "productive" talks with Tehran.

Iran hits Kuwaiti oil refinery, blasts boom over Tehran

Israel and Iran have launched fresh attacks on each other, a ‌day after Tehran struck an Israeli oil refinery.

Iran hits back at Gulf refineries after Israeli strike

The latest escalation ‌in the Iran war heightens the disruption of global energy supplies that has raised the political stakes for US President Donald Trump.

'Over-prepared': PM's pledge on growing fuel crisis

Australia will have a single point of contact co-ordinating fuel supplies and issues that might arise due to the Iran war, with further measures expected.

Tankers 'starting to dribble through' strait, US says

White House economic ‌adviser Kevin Hassett says oil tankers are starting to cross the Strait of Hormuz and the Iran war will likely end within weeks.

Energy markets face uncertain environment: oil producer

The war in the Middle East is having wide-ranging impacts on markets, oil and gas producer Woodside has told investors at its annual sustainability briefing.

Trump threatens to cripple crucial Iranian oil hub

US forces have "obliterated" military targets on an island vital to Iran's oil network, Donald Trump says, as he issues an ultimatum over the Strait of Hormuz.

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