Petrol

Costco set for fourth petrol station, ACCC spotlight on petrol price rorts

With Costco to open its fourth petrol station and first in Canberra next to its Majura Park store, some Canberra petrol retailers may be set for a major shock, including a Woolworths-operated Caltex petrol station a few hundred metres from the Costco site. Costco, which is a major petrol retailer in the United States, now […]

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New brands, investment boosts retail fuel & convenience market

Despite refinery closures such as Caltex Australia closing its Kurnell, Sydney refinery in 2014 when the site becomes a fuel import terminal, the retail petrol market is looking upbeat with new and established brands making big investments and rolling out new formats and products across the country. These include new players Puma Energy, Vitol (Viva

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Viva Energy upgrades the Shell business, targets Liberty stake

The owner of Shell fuel in Australia, Viva Energy, will make major investments in its service station network and build up demand for Shell fuel and lubricants, while moving to take a non-controlling stake in a major customer, Victorian-based wholesale fuel supplier Liberty Oil. Liberty Oil was started by David Wieland and David Goldberger in

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