Ampol’s Brisbane refinery has benefited from a 4.5 per cent year-on-year boost to its profit margin,which could increase amid further bans on Russian oil.
Australian fuel supplier Ampol has lobbed a $2 billion bid to take over New Zealand’s Z Energy in a move to expand its reach as the company returns to profitability.
Matt Halliday’s Ampol is hoping to shake up the Australian petrol market with its nationwide rebrand of 1900 service stations.
Ampol and Viva Energy reach a deal with the federal government to continue operating refineries in Brisbane and Geelong for at least another six years.
Australia’s top fuel supplier says short,sharp lockdowns of states and cities are undermining the economic recovery and sapping business confidence.
Fuel giant Ampol has described rival BP's decision to shut the country's largest oil refinery as a warning of the severity of the threat facing the sector.
Silent freeways,empty skies:the deepest and fastest oil demand crash in decades is reverberating through the industry,pushing oil refineries to financial breaking point.
On Friday,a Senate inquiry will hold its first public hearing into nicotine vaping products,which currently can be legally purchased only with a doctor’s prescription.
Using sport to advertise cigarettes to children is unthinkable these days. But another cashed-up,unhealthy industry is taking its place. And the latest target is the State of Origin.
Australia's struggling oil refiners want the government's proposed support measures for the industry to be rolled out as quickly as possible to avoid heavy job losses.
Oil refiner Ampol has warned it may shut one of Australia's last remaining refineries for good as the collapse in fuel demand sends the plant's losses spiralling.