FUEL – AUSTRALIA

Alarm over Russian blood oil

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Original article by Jack Quail
The Australian – Page: 4 : 14-Apr-26

Prime Minister Anthony Albanese will travel to Brunei and Malaysia in coming days as the federal government seeks to shore up Australia’s fuel supply. He has been urged to seek assurances that any fuel that is imported to Australia from countries such as Brunei and Malaysia has not been sourced using crude oil from Russia. Both nations have become significant importers of crude oil from Russia in recent years, and the Iran war-induced fuel crunch has prompted many Asian countries to buy the so-called "blood oil". Australia’s sanctions prohibit oil from being directly imported from Russia, although a loophole allows local companies to buy refined fuels from third countries that process Russian crude.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

PM’s Asia fix as state urges oil shift

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Original article by Greg Brown, Marcus de Blonk Smith
The Australian – Page: 1 & 2 : 8-Apr-26

Prime Minister Anthony Albanese will commence a two-day official visit to Singapore tomorrow, in the wake of the two nations’ recent fuel supply agreement. Albanese will visit a major oil refinery hub at Jurong Island and meet with Singaporean counterpart Lawrence Wong. Senior government figures have indicated that the visit is primarily aimed at ensuring that Australia is not subjected to export controls in the event of new restrictions on global oil exports. Singapore accounts for 26 per cent of Australia’s refined oil, including 55 per cent of petrol imports and 15 per cent of diesel imports. Albanese also discussed the issue of energy security with Chinese Premier Li Qiang in a telephone conversation on Tuesday.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, SINGAPORE. PRIME MINISTER’S OFFICE

Crisis needs recall of national cabinet

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Original article by Sarah Ison,Eli Greenblat
The Australian – Page: 1 & 6 : 18-Mar-26

The federal government is under pressure to convene an emergency meeting of the national cabinet amid growing concern about fuel supply. Minerals Council of Australia CEO Tania Constable says action is needed to ensure that fuel is available in regional areas; she notes that in addition to farmers, industries such as mining and fishing also need fuel. The Australian Trucking Association’s policy director Bill McKinley in turn says the average diesel price has increased by more than $0.80 per litre since the Iran war started, and trucking firms "cannot keep going the way they’re going". The Australian Institute of Petroleum has warned that oil companies are already seeking alternative countries from which to import fuel, which will cost a lot more.

CORPORATES
MINERALS COUNCIL OF AUSTRALIA,AUSTRALIAN TRUCKING ASSOCIATION LIMITED,AUSTRALIAN INSTITUTE OF PETROLEUM LIMITED

Australian fuel supplies in the crosshairs

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Original article by Patrick Commins
The Australian – Page: 18 : 9-Jan-20

Elizabeth Buchanan from the Department of Defence’s Australian War College says the oil price would be the "first casualty" if the US were to retaliate after Iran’s missile strikes on its bases in Iraq. She says Iran would be likely to use oil as a weapon against the US and its allies, warning that the latter are likely to be hardest hit as the US is now largely oil self-sufficient. Buchanan warns that Australia is particularly vulnerable given that most of its liquid fuel is imported and the nation has no emergency fuel stocks.

CORPORATES
AUSTRALIA. DEPT OF DEFENCE. AUSTRALIAN WAR COLLEGE, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, INTERNATIONAL ENERGY AGENCY

Red light flashing over fuel security

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Original article by Primrose Riordan
The Australian – Page: 1 & 4 : 7-Jan-19

There is growing concern about Australia’s limited onshore fuel stockpiles, with experts warning that it is less prepared than other developed nations for an international crisis that would affect fuel supplies. Data from the Department of Energy shows that Australia’s petrol stockpile would last 22 days, while the diesel fuel supply would be exhausted in just 17 days. In contrast, the International Energy Agency recommends that nations have a fuel stockpile equivalent to 90 days. The federal government has been criticised for delaying a review of Australia’s fuel stockpiles.

CORPORATES
AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, INTERNATIONAL ENERGY AGENCY, LIBERAL PARTY OF AUSTRALIA, DEAKIN UNIVERSITY, AUSTRALIAN STRATEGIC POLICY INSTITUTE LIMITED, AUSTRALIA. DEPT OF HOME AFFAIRS, AUSTRALIA. DEPT OF DEFENCE