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With the advent of the motor car, crude oil came into demand as a fuel. 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.
Solo Oil was founded in 1974 by David Goldberger and David Wieland. [1] [2] Goldberg negotiated an agreement with Mobil Australia, for the supply of petroleum at a fixed rate, following the increase in world fuel prices, this discount increased from six cents to 12.5 cents per gallon. [3]
EG Australia is the Australian subsidiary of British company EG Group which operates the EG Ampol chain of petrol stations, selling Ampol (formerly Caltex Australia) fuel at its stations. As of October 2022 [update] , there are over 540 EG Ampol petrol stations.
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]
In July 2001, Liberty leased 69 of its sites to Woolworths which were rebranded as Woolworths Plus Petrol. [2] [3] At this stage it had an 8% market share of the Australian petrol market. [4] [5] In August 2014, Viva Energy purchased a 50% shareholding, taking full ownership in February 2019.
Ampol Limited is an Australian petroleum company headquartered in Sydney, New South Wales.Ampol is the largest transport energy distributor and retailer in Australia, with more than 1,900 Ampol-branded service stations across the country as of October 2022.
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.
The acquisition created Australia’s largest fuel and convenience network under a single operator, with more than 700 stores. [ 23 ] In March 2024, Viva Energy completed its acquisition of OTR Group , which supports Viva Energy’s vision to be Australia’s leading convenience retailer, now owning and operating more than 1,000 stores.