Company

Ampol

Australian fuel supplier

Australia's remaining refineries seek support amid fuel security concerns

Geelong plant recovers from April fire; $14.8b package includes refining support as researchers recommend faster electrification

Seven months after a massive fire tore through its petrol-processing complex, Viva Energy's Geelong refinery is producing about 90 per cent of its pre-fire capacity, while executives negotiate with the Albanese government over arrangements that could secure its operation until 2040.

10 Nov 2026

Australia

Tallow exports hit record $1.5 billion as GrainCorp plans domestic fuel refinery

Australia, which imports 90 per cent of its diesel, could find part of a homegrown solution to fuel security in tallow, GrainCorp's Jeff Summerville said. The rendered animal fat was exported at a record value amid global demand for renewable fuels, and GrainCorp has plans for a domestic renewable fuel refinery. The global disruption of oil supplies from the Iran war has highlighted Australia's fuel import dependence.

3 days ago