Oil companies authorised to cooperate to secure fuel supplies during COVID-19

Oil companies authorised to cooperate to secure fuel supplies during COVID-19

4 years ago
The Australian Institute of Petroleum (AIP) and major oil refiners have been granted authorisation by the ACCC to continue cooperating on measures to improve the security of fuel supplies during the COVID-19 pandemic. The pandemic continues to impact on Australia’s fuel supply chain, causing unpredictable changes in demand for fuel and creating a potential for major disruptions to the domestic and international fuel supply chains. The ACCC’s authorisation allows AIP and major oil refiners to […]
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Bosses who rip off workers will go to jail as Queensland passes laws

4 years ago
Queensland judges will become the first in Australia to have the power to jail employers who deliberately rip off staff after new laws passed State Parliament on Wednesday afternoon. The state’s criminal code has been amended to dish out up to 10 years’ imprisonment for employers who underpay workers. Similar laws were passed in Victoria earlier this year, however the legislation will not be enforced until 2021. Queensland’s laws will be enacted before the government […]
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Unrealistic Victorian road map could force closure of Geelong refinery: Viva

4 years ago
The head of major fuel refiner Viva Energy has criticised the Victorian government’s COVID-19 road map as unrealistic, warning the company may be forced to close its Geelong oil refinery for good if restrictions are not eased by November. Viva has been mulling its options for the Geelong site since the virus and its related restrictions on both international and local travel wiped out demand for fuel. However, the recent stage three and four lockdown […]
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7-Eleven picks CHEP as its new creative agency, ending 15-year relationship with Leo Burnett

4 years ago
7-Eleven has announced CHE Proximity as its new lead creative agency, following a pitch which began at the beginning of 2020. The decision ends the relationship with Leo Burnett Melbourne, which had worked with the brand for 15 years. Following a competitive pitch, CHE Proximity was awarded end-to-end strategic and creative services for the business which has more than 700 stores across the country, making the third-largest private company in Australia. 7-Eleven GM of customer […]
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Petrol prices fell to two-decade low in June quarter, according to ACCC

4 years ago
Petrol prices fell to their lowest level in more than two decades for the June quarter, as pandemic restrictions hit the industry hard. In the Australian Competition and Consumer Commission’s latest petrol monitoring report released this week, the average retail price for the quarter across Sydney, Melbourne, Brisbane, Adelaide and Perth was just 109 cents per litre (cpl) – a significant 28.8cpl drop from the March quarter. In response, retailers hiked up their retail margins […]
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