DIESEL FUELS – AUSTRALIA

Labor races to secure fertiliser and diesel

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Original article by Ronald Mizen, Ryan Cropp
The Australian Financial Review – Page: 5 : 22-Apr-26

The federal government is confident that Australia will have sufficient petrol supplies for the month of May and at least the first part of June. However, government sources have indicated that the outlook is less certain for diesel, jet fuel and fertiliser. Australia is likely to face competition for these commodities in coming months, as European and Asian countries begin to rebuild their stockpiles. The government is set to announce new deals for Wesfarmers and Incitec Pivot to underwrite the purchase of fertiliser on the international market; this will be similar to a recent deal for Export Finance Australia to underwrite to fuel cargo purchases on the global spot market.

CORPORATES
WESFARMERS LIMITED – ASX WES, INCITEC PIVOT LIMITED, AUSTRALIA. EXPORT FINANCE AUSTRALIA

BHP tapped to advise on fuel crisis fix

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Original article by Perry Williams, Brad Thompson
The Australian – Page: 13 & 19 : 22-Apr-26

Resources Minister Madeleine King says the federal government has been working with companies across the economy to shore up the nation’s diesel fuel supplies since the Iran war began. It has been revealed that the government accepted an offer from BHP to provide expert advice on securing diesel supplies; Rio Tinto has also been assisting Labor to navigate the fuel market, although neither of procured physical supplies for the government. However, sources have indicated that Labor had been slow to accept assistance from the corporate sector.

CORPORATES
BHP GROUP LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, AUSTRALIA. DEPT OF INDUSTRY, SCIENCE AND RESOURCES

Miners fear diesel price surge

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Original article by Brad Thompson
The Australian – Page: 15 : 8-Apr-26

Listed gold producers Capricorn Metals and Ramelius Resources have indicated that the supply of diesel to their Australian mines has not yet been affected. However, Capricorn says diesel supply is a ‘material risk’ for the nation’s mining industry, while Ramelius has contingency plans in the event of fueld rationing or other supply restrictions. Meanwhile, Robex Resources says it has a 30-day supply of diesel at its Kiniero gold mine in Guinea; CEO Matthew Wilcox says supply chains have not been disrupted and the price of diesel in Guinea has risen by about five per cent since the Iran war began. Guinea imports all of its liquid fuels, and the nation does not have an oil and gas industry.

CORPORATES
CAPRICORN METALS LIMITED – ASX CMM, RAMELIUS RESOURCES LIMITED – ASX RMS, ROBEX RESOURCES INCORPORATED – ASX RXR

Diesel storage contracts up for grabs in fuel-security move

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 14 : 8-Jan-21

Oil refiners and fuel storage providers will be able to apply for grants of up to $33 million to build diesel storage facilities as part of the federal government’s fuel security package. Applications for the grants will open on 11 January and will close on 22 February, with companies that are likely to be interested in applying including Viva Energy, Ampol and ExxonMobil. The grants aim to support the construction of an additional 780 million litres of diesel storage.

CORPORATES
VIVA ENERGY GROUP LIMITED – ASX VEA, AMPOL LIMITED – ALD, EXXONMOBIL AUSTRALIA PTY LTD

Miners seek assurance on fuel tax break

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Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 21-Apr-20

The resources sector is lobbying the federal government not to touch the diesel excise rebate as it looks at ways to repay the cost of the COVID-19 pandemic. The rebate is worth around $2 billion to the resources sector; it is also received by other industries, including fishing and agriculture. Minerals Council of Australia CEO Tania Constable contends that imposing higher taxes to pay for the cost of COVID-19 will harm jobs and curtail growth, while she notes that both the Henry tax review and Treasury are of the view that the fuel tax credit is sound economic policy.

CORPORATES
MINERAL COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF THE TREASURY

2.23 million Australians drive diesel fuel vehicles

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Original article by Roy Morgan
Market Research Update – Page: Online : 5-Feb-18

A Roy Morgan Single Source survey shows that 45% of Australians aged 18+ say they would seriously consider buying a diesel fuel vehicle, down from 50% two years ago. Meanwhile, 52% say they would consider buying a hybrid vehicle, ahead of electric vehicles (37%), and LPG vehicles (21%). Analysing Australians who mostly drive diesel fuel vehicles shows that 1.13 million reside in capital cities and 1.10 million in country areas, although the differing populations between the two means country Australians are 36% more likely to drive a diesel fuel vehicle than the average Australian. Nearly a third of Australia’s diesel fuel vehicles are driven by either semi/unskilled workers (18.3%) or skilled workers (14.4%), with both over-represented as drivers, while a further 22.5% are professionals/managers. Although farmers represent less than 2% of all diesel fuel vehicle drivers they are 185% more likely to drive a diesel fuel vehicle than the average Australian.

CORPORATES
ROY MORGAN LIMITED