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The Australian Government is pushing to keep the country s remaining two oil refineries open, using the Federal Budget to announce payments to help maintain Australia s current level of fuel security.
The number of Australian oil refineries has halved in the past seven months, putting increasing pressure on the country s limited storage capacity.
Using transport data compiled from January to October 2020, Australia has around 21 days of diesel reserves – the country s most consumed type of fuel – with marginally more petrol stored.
However, the estimated three weeks of diesel reserves was based on transportation needs when large areas of the country were in lockdown due to the coronavirus pandemic, and travel was heavily restricted.
Recall some of Rigzone s most popular downstream-related articles from the past week.
A new workforce arrangement for thousands of BP (NYSE: BP) employees proved to be popular topic this past week among Rigzone’s downstream-focused audience. Learn more about the model, along with other topics that garnered a healthy number of page views, in this review of some of the week’s top downstream-related articles on Rigzone.
Working remotely has become particularly commonplace in the COVID-19 era, and BP has unveiled a new program that blends remote work with the more traditional office-based arrangement. Meant for staff who had been office-based before the pandemic, BP’s “60:40 split” hybrid model calls on employees to work three days a week in the office and the remaining two days at home. The company noted the new model will affect approximately 25,000 employees.