Neumann Petroleum is an privately owned Australian oil company. It was founded by Alfred Neumann in 1948. Originally Neumann Petroleum started under the name of Gold Coast Oil and AMOCO Australia Pty Ltd. which later changed into the present name. Neumann opened its first branded service station in Acacia Ridge Brisbane in September 1997, with Neumann Petroleum acquiring Matilda Fuels in December 2007. The company is also distributor of products of the world leading manufacturers such as Shell lubricants and greases and is currently conducting Bio-diesel trials and aim to become leaders in the Bio-fuels industry.