Australia’s oil industry is shrinking. Its crude output from maturing fields is plunging while its refiners, under pressure from tougher environmental rules and competition, are cutting back production of oil products or seeking to leave the business. Australian consumers could face increasing problems with their fuel supplies in the coming year. Already, motorists have to…

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Australia’s oil industry is shrinking. Its crude output from maturing fields is plunging while its refiners, under pressure from tougher environmental rules and competition, are cutting back production of oil products or seeking to leave the business. Australian consumers could face increasing problems with their fuel supplies in the coming year. Already, motorists have to…

This article is for Subscriber members only.
Log In Register