Rain fails to dampen climate mission at pre-COP31 event
The government has defied critics and bad weather to highlight climate threats to Pacific nations but pre-COP31 also turned the spotlight on its commitments.
diesel fuel
Trump says Russia to supply diesel to global markets
US President Donald Trump says Russia will supply diesel fuel to the global markets after a conversation with President Vladimir Putin.
Electric vehicles surge ahead as petrol car sales stall
Diesel and petrol-powered vehicle sales are slowing as figures show more Australians are getting behind electric and hybrid cars.
Electric charge: petrol giant plugs $225m into EV deal
Australians are buying electric cars in record numbers and one fuel retailer has announced a deal to expand its coverage.
Tenfold surge in EV sales needed to meet climate goals
Australian drivers are buying electric vehicle sales in record numbers but even more will need to hit the road for the nation to meet its climate target.
End of the road as diesel drives truckies to the brink
Truck drivers across the country are urging the federal government to reinstate the fuel excise cut in the lead-up to Christmas, as diesel prices surge.
Fuel ‘shield’ would spare drivers worst of price shocks
The fuel excise could be halved whenever global oil prices exceed $US100 a barrel under a coalition policy aimed at reducing cost-of-living pressures.
No coal power, no new petrol cars by 2035 for net zero
Australia needs to phase out coal, gas and oil faster than planned to meet its climate commitments, a report says, with changes in energy, transport and mining.
Motorists warned to buckle up for higher fuel prices
One of Australia's peak motoring bodies has stopped short of calling for a fuel excise cut but believes all options should be on the table as oil prices spike.
Electric car surge strains Australia’s charging network
Motorists are adopting electric vehicles in record numbers but the nation's public charging is struggling to keep pace with demand.
Gas export project to stop dipping into domestic market
A major gas exporter says it will stop contracting third-party gas for overseas shipments, amid calls for an enforced domestic reservation.
Reserve Bank’s grim rates warning as oil prices spike
The war in the Middle East is threatening to push oil prices back above the crucial $US100 a barrel mark and make inflation even harder to get back to target.
Sustainable jet fuel project moves closer to take-off
A multimillion-dollar project designed to produce green fuels is a step closer to launch after securing a $30 million investment.
Electric U-turn: ‘everyone knows someone with an EV’
Six months after fuel price spikes, electric cars make up almost one in every four new cars sold but experts are divided over whether the trend will continue.
Electric cars outsell petrol rivals for the first time
Fuel prices are up and so are electric vehicle sales, with Australian drivers now buying more battery-powered cars than either petrol or diesel models.
Key oil refinery long way from return to full capacity
Fuel maker Viva Energy is working to repair a key processor for premium fuels to restore a fire-damaged refining facility to 100 per cent capacity.
Ditching diesel could save Pacific nations almost $1b
Replacing fuel imports with renewable power could save Pacific countries millions of dollars if they can secure enough investment to make the switch.
Oil markets to remain tight as conflicts drag on
Ampol, which owns one of Australia's two onshore oil refineries, has turned in a stellar first-half profit after oil market dislocation boosted its earnings.
Power prices fall but risks remain for life after coal
Renewable energy and batteries are pushing down wholesale power prices but a report warns they could rise again when coal-fired plants power down.
Electric trucks could deliver a billion-dollar payload
Australian laws are keeping heavy-duty electric trucks off the road, a report says, when they could boost productivity by more than $2 billion.
Labor backs ‘strong’ fuel supply as petrol prices bite
Drivers continue to feel the pinch at the bowser despite strong national fuel supplies, as the ongoing volatile war in Iran drags on.
Sales surge: electric, hybrid cars drive vehicle record
Electric and hybrid vehicles made up almost half of all new cars sold in July as Australian motorists turned away from rising fuel prices.
Fuel prices can’t stop the music at outback festival
The rising cost of fuel has failed to deter thousands of music-loving campers hitting the road to travel to outback NSW for the Mundi Mundi Bash.
City drivers to cop first sting of end to fuel discount
Households and businesses are bracing for more cost-of-living pressure as the government's fuel excise pause ends, pushing prices for petrol and diesel higher.
Fuel seller eyes massive earnings lift due to conflict
The company that owns one of Australia's two oil refineries says the Middle East war underscores the need to keep that capability, as the conflict continues.
‘Too high’: RBA rates warning as inflation fears flare
The Reserve Bank governor says interest rates may need to go higher, as Australia's weak productivity problem locks households in for lower living standards.
‘Build resilience’: refinery touted but discount to end
A study will examine locations for what would be the first refinery to be built in Australia since the 1960s, as a cut to the fuel excise is set to end.
Fuel supply secure despite price alert as war grinds on
The nation's fuel supply remains secure despite the war in Iran but motorists should brace for rising prices as experts warn of extensive economic impacts.
Australia expands its fuel buffer against Gulf turmoil
Australia's fuel reserves have hit all-time highs as the Iran conflict roils global oil markets, helping keep unleaded around $1.76 a litre in capital cities.
Trump threatens to shoot down signs of economic rebound
Oil prices are rising again as conflict between the US and Iran reignites, threatening a recent recovery in household confidence and spending.
Motorists to pay price for US blockade, toll in strait
While the government is concerned about the impact on petrol prices, the opposition warns a US toll in the Strait of Hormuz would set a dangerous precedent.