Geelong refinery closure
WebFeb 23, 2024 · The Geelong refinery, whose loss dragged the whole company into the red in 2024, was brought back from the brink of closure by an emergency production … According to Dr Hunter Laidlaw from the Parliamentary Library, as Australia's refineries have closed our refining capacity and capability has diminished and we've become more dependent on imports of already-refined fuel. This could have consequences if global supply chains are severely disrupted. … See more Anthony Albanese, the Leader of the Federal Opposition, said Labor had been warning that the Federal Government's "fuel security" policy … See more The Federal Energy Minister, Angus Taylor, said ExxonMobil's decision to close its Altona factory "will not negatively impact Australian fuel stockholdings" — a reference to Australia's emergency stockpile of fuel. In … See more More than 90 per cent of Australia's refined fuels are imported these days. In 2024-20, automotive gasoline was imported from … See more Australia was a net exporter of oil when it joined the IEA in 1979. However, after the 1979 oil shock, Australia's National Energy Advisory Committee … See more
Geelong refinery closure
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WebMar 4, 2024 · ** Australia's second-largest refiner, Viva Energy, has decided to avoid closure of its Geelong refinery, as the company takes up a payment lifeline extended by the Australian federal government. The grant, also known as the "interim Refinery Production Payment," will last for six months from January-July 2024. Refineries that … WebFeb 23, 2024 · The Geelong refinery, whose loss dragged the whole company into the red in 2024, was brought back from the brink of closure by an emergency production subsidy provided by Canberra that started on ...
WebApr 4, 2013 · A year ago, the general manager of the Shell refinery assured the community that he had no plans to close the Geelong operation. Today Shell Australia announced not a closure but a sale, which it ... WebSep 7, 2024 · The Viva Energy refinery in Geelong could be on the brink of closure as COVID-19 economic pressures make it unviable to keep the doors open.
WebDec 8, 2024 · Of the two remaining Australian refineries, Geelong in Melbourne is the largest, with a capacity of 128,000 bpd, but is by no means guaranteed to remain in operation with the owners, Viva Energy, accepting a government subsidy but refusing to rule out closure. An Infrastructure as Fragile as Any Other Given the Right Circumstances WebOct 30, 2024 · Between them, Ampol's Lytton refinery and Viva's Geelong plant clocked up more than $110 million in losses in the September quarter. Mr Baudry said losses at Kwinana were of a similar magnitude to ...
WebMar 25, 2024 · These two closures leave just two refineries in Australia. The Geelong refinery in Melbourne in the state of Victoria, which at 128,000 b/d will be the country’s largest remaining refinery. And then the Lytton refinery in Brisbane on the East coast with a capacity of 109,000 b/d.
WebApr 2, 2014 · The closure of Bulwer will leave Australia with just four domestic refineries: BP’s remaining refinery at Kwinana in Western Australia, Shell’s facility in Geelong, Mobil’s refinery in the ... iron-sulfur in bacteriaWebApr 27, 2024 · Share. Viva Energy will reap a bigger taxpayer subsidy for its Geelong oil refinery than initially anticipated after rivals, including ExxonMobil and BP, decided to close their plants, leaving ... iron-willed trainingWebDec 1, 2024 · Refinery closures remained in the spotlight in the Asia Pacific region with news emerging on New Zealand's Marsden Point's transition to a terminal and the … iron-wittedWebNov 3, 2024 · The owner of the Geelong oil refinery is in talks with the Victorian government over a potential co-investment deal to help turn the site into an energy hub and prevent the plant's closure. Losses ... port to port hapag scheduleWebMar 24, 2024 · The closure of Altona and Kwinana oil refineries and their conversion into import terminals for oil products will leave Australia with just two oil refineries. They are Viva Energy Group’s (ASX:VEA) Geelong refinery in Victoria, and Ampol’s (ASX:ALD) Lytton facility in Brisbane, Queensland. port to port import/export incWebFeb 19, 2014 · The closure of the smelter will take an estimated 800 jobs with it, including further losses at an adjacent rolling mill. As well as this, Fairfax notes that 510 jobs will … iron99 flightWebApr 2, 2014 · 2014 - Swiss firm Vitol pays $2.9 billion for Shell's Geelong refinery and 870 petrol stations; 2014 - BP announces closure of Bulwer Island refinery in Brisbane, considers conversion to import ... iron-sulfur cluster assembly enzyme