Australia has agreed to pay its last two oil refineries up to A$2.3 billion ($1.8 billion) through 2030 to keep the struggling plants open and protect the country's fuel security.

Australia's two remaining oil refineries in Queensland and Victoria will be encouraged to stay put under a $2 billion plan designed to shore up the nation's fuel security.

Meanwhile, Australian fuel giant Ampol, which owns an oil refinery in Brisbane — one of the last two remaining in Australia (with the other being Viva Energy's oil refinery in Geelong, Victoria ...

Powering down: Australia’s oil refineries. As well as being comparatively small, Australia’s oil refineries are old, with the last refinery built in 1965.

A coronavirus-driven collapse in fuel demand is threatening Australia's oil refining industry, just as supply chain disruptions wrought by the pandemic have focused the government on the need to ...

Australia has reached a deal to keep its last two oil refineries open with up to A$2.3 billion ($1.79 billion) in support until 2030 to ensure the country's long-term fuel security, Prime Minister ...

Australia’s entire oil refining industry could be gone within a year after energy heavyweight BP Australia announced the closure of its WA refinery, setting a tense backdrop for meetings between ...

Out of Brisbane harbor last week sailed the coastal tanker Millers McArthur, carrying a cargo of crude oil from the fields at Moonie, Queensland, to a refinery in Kwinana, Western Australia. The ...

Another tanker suspected of carrying Russian-based petrol docked at an Australian port over the weekend as demands were made ...

Under the new legislation, coal mines, oil refineries, aluminium smelters and other large polluters will be forced to cut their emissions by 4.9 per cent each year.

A report from the Centre for Research on Energy and Clean Air detailed how Australia imported $5.5 billion worth of oil from Russia in the last year via refineries in India and Turkey.

New data shared with SBS shows Australia's dealings with oil refineries that use crude oil originating from Russia. It is an import issue the government says it is reviewing. The Centre for ...