European Union set to ban petrol and diesel new cars

European Union set to ban petrol and diesel new cars

4 years ago
Sales of brand-new petrol and diesel cars are set to be banned in Europe in the coming years, according to nine member countries. A report from industry outlet Automotive News says the European Commission – the branch of the European Union (EU) responsible for proposing and implementing legislation – is preparing to set a date which would end the sale of cars and vans with traditional internal-combustion engines. A handful of municipalities around the world […]
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Government’s fuel security plan could increase petrol prices: ACCC chief Rod Sims

4 years ago
A federal government plan to pay oil refineries for operating in Australia could increase petrol prices for motorists and create competition issues, ACCC chair Rod Sims has warned. Energy Minister Angus Taylor is putting the finishing touches on a proposal to pay oil companies for every litre of transport fuel they produce locally in a bid to boost Australia’s fuel security. But while Mr Taylor claims the policy, which will be funded through a tax […]
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Petrol prices ended bumpy year slightly lower as demand rebounded

4 years ago
Petrol prices in Australia’s five largest cities stabilised at the end of 2020 after an unpredictable year and petrol sales volumes continued to recover from their earlier pandemic-driven slump. That’s according to the ACCC’s latest petrol monitoring report which shows the average retail price for petrol in the December quarter 2020 across Sydney, Melbourne, Brisbane, Adelaide and Perth was 121.4 cents per litre (cpl), a decrease of only 0.7 cpl from the previous quarter. Of the five […]
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Viva’s Lost Wages as Pandemic Bites

4 years ago
Viva Energy has followed its rival Ampol in revealing the damage done to the refining, distribution and retailing of oil and petrol products by COVID. Ampol’s Monday full year results showed a bigger loss at its Lytton refinery, lower revenues, a lower dividend that would have been bigger if not for higher sales and earnings from its chain of convenience stores attached to fuel stations. Viva, which operates the former Shell refinery in Geelong and […]
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Fuel reporting becomes compulsory in South Australia

4 years ago
Fuel retailers must register for the Fuel Pricing Information Scheme by 18 March 2021. Registration will open 17 February 2021. From 19 March 2021, fuel retailers must report their fuel prices to the central database/aggregation system. Fuel retailers in South Australia must report their fuel prices to a central database – known as the aggregation system. Data publishers can then publish fuel price information via their apps and websites, so that motorists can check and […]
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