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In 1936 the Australian Motorists Petrol Company was incorporated. This was followed in 1945 by the merging of the Alba Petroleum Company (formed 1933) into the company and then in 1948 listing of the company on the Stock Exchange.The company's name was changed to AMPOL Petroleum Ltd in 1949. AMPOL acquired refining and marketing assets of Total Australia Ltd in 1982 and changed its name to Ampol Ltd.

This was apparently done to distinguish the company from minerals explorer Ampolex. Ampol was delisted in 1989 after a takeover by Pioneer International Ltd, which had acquired 20% ownership in 1979. This was followed in 1990 by the acquisition of Solo Operations Ltd a large Australian independent retailer and distributor of petroleum products. In 1995 Ampol and Caltex Australia merged petroleum refining and marketing assets to form Australian Petroleum Pty Ltd.
Ampol Driveway interviews with Tony Charlton, and the Ampol Brabham Road Safety Campaign with Sir Jack Brabham
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