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Petrol prices to rise as oil price sky-rockets

November 5th, 2008 · No Comments · Oil & Gas

As the dollar weakened against the euro oil prices have sky-rockettedand on evidence that OPEC crude exporters were cutting production as promised, analysts said.
Earlier in the day the price of Brent North Sea crude sank close to a 21-month low point under $US59 per barrel as traders sold amid weak energy demand worldwide, they added.
Prices [...]

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Petrol Stations to slash fuel prices to 99 cents again in Sydney

October 29th, 2008 · 5 Comments · Oil & Gas

It has just been announced that service and petrol stations will be again offering drivers petrol for just 99c per litre. Twelve (12) Petrol stations that will be participating in the fight for independent petrol stations across Sydney.
The Twelve participating petrol stations that will be offering 99c fuel between 8 and 9 am tomorrow, 30 [...]

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Greens Party oppose NSW oil and gas exploration

June 2nd, 2008 · No Comments · Environmental, Oil & Gas

A planned oil and gas exploration off the NSW coast has been praised as the public could benefit from a drop in petrol prices.  However the Greens believe it would give false hope and put the environment at risk.
Media reports have said skyrocketing oil prices had driven an Australian joint venture to develop a drilling [...]

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