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On 1 January 2012, the Nigerian government headed by president Goodluck Ebele Jonathan, tried to cease the subsidy on petrol and deregulate the oil prices by announcing the new price for petrol as US$0.88/litre from the old subsidised price of US$0.406/litre (LAGOS), which in areas distant from Lagos petrol was priced at US$1.25/litre.
By 1911 petrol surpassed kerosene in sales as the fuel for most vehicles. [ 1 ] [ 2 ] : 48 Most petroleum consumed in Australia was imported but, between 1865 and 1952, various companies made a small proportion locally, from oil shale .
Liberty Oil was founded in 1995 by David Goldberger and David Wieland, who had previously founded Solo in 1974, before selling it to Ampol in 1989. Goldberger and Wieland had been subject to a ten year non-compete clause however this was ruled void by the Trade Practices Commission when Ampol merged with Caltex.
Reddy Express, formerly Coles Express, is an Australian chain of convenience stores at Shell Australia petrol stations. Until it became controlled by Viva Energy in May 2023, [1] Coles Express was a trading name of Coles Group. [2]
Lytton Oil Refinery is an oil refinery in the Brisbane suburb of Lytton in Queensland, Australia. It is owned and operated by Ampol. It has a capacity of 6.5 billion litres of crude oil per year. [1] The facility employs 550 people. [2]
Petrol for use as fuel in an aircraft is taxed at $0.03556 per litre. In addition all fuels are subject to 10% Goods and Services Tax (GST). The federal government increased the fuel excise tax with effect from 10 November 2014 by restoring CPI indexation to the tax every six months, on 1 February and 1 August. [ 7 ]
United Petroleum is an Australian petrol retailer and importer. It was established in 1993 and, as of October 2020 [update] , has over 450 petrol stations in Australia. [ 1 ] The company also owns Pie Face , a pie outlet it acquired in 2017 and subsequently rolled out to many of its service stations.
As part of the agreement between EG Group and Woolworths, EG Ampol (formerly Caltex Woolworths) service stations continue to offer a 4¢ per litre discount off the pump price for customers who present a fuel voucher in the form of a docket, their Everyday Rewards loyalty card (formerly Woolworths Rewards) or their Everyday Rewards app, obtained after spending a qualifying amount of $30 or more ...