Z Energy in $785m Caltex NZ takeover deal
NZ retail & transport fuels supplier Z Energy has signed an agreement to acquire Caltex’s NZ retail operations…
Z Energy in $785m Caltex NZ takeover deal Read More »
Petrol
NSW expansion for Puma Energy as new travel centre opens
In a move that signals the start of an expansion into New South Wales, Puma Energy, Australia’s largest independent fuel operator, opened its first newly-built Australian service centre in Kempsey on 4 May. The South Kempsey Travel Centre will create 185 jobs in the region and service the 13,000 vehicles that pass through on the
NSW expansion for Puma Energy as new travel centre opens Read More »
BP positions for growth
BP today announced a number of changes to its business in Australia and New Zealand to build its fuels business across parts of regional Australia and better position its terminals business for long-term success. A new agreement to establish a joint venture has been signed with Lowes Petroleum to operate BP’s regional depot business, enabling
BP positions for growth Read More »
Puma Energy Australia officially opens new South Kempsey Travel Centre
Puma Energy Australia’s first ‘built from the ground up’ site at South Kempsey (NSW) has opened.
Puma Energy Australia officially opens new South Kempsey Travel Centre Read More »
No fuel cartel conduct in Armidale says ACCC, Launceston study announced
The Australian Competition and Consumer Commission (ACCC) has concluded an investigation into alleged anti-competitive conduct by fuel retailers in the NSW Northern Tablelands city of Armidale and not found evidence of cartel conduct during the course of the investigation. This followed concerns raised late last year regarding high petrol prices. The regulator said that fuel prices
No fuel cartel conduct in Armidale says ACCC, Launceston study announced Read More »
ACCC releases March quarter 2015 petrol report
The Australian Competition and Consumer Commission has released the second quarterly report on the Australian petroleum industry, which examines prices to March 2015. Following large falls in international crude oil and refined petrol prices, retail petrol prices in the five largest cities (Sydney, Melbourne, Brisbane, Adelaide and Perth) fell to their lowest price in real
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Caltex completes restructure, reports solid c store, fuel sales
Caltex Australia welcomed new shareholders to its AGM last week, following the successful sell down by Chevron of its 50% shareholding in the company in March, while reporting solid sales in convenience stores and across Vortex fuels. Caltex recorded an after tax profit for the 2014 full year of $493 million on a replacement cost
Caltex completes restructure, reports solid c store, fuel sales Read More »
Victorian government to take action on petrol theft
The Australasian Association of Convenience Stores (AACS) has commended the Victorian Government for taking the national lead by launching an inquiry to crack down on the serious crime of petrol theft. ?e commend the Victorian Government for taking the lead on this critical small business issue and we encourage everyone affected by this crime to
Victorian government to take action on petrol theft Read More »
BP rolls out $450m new store, refurbishment program
BP Australia to spend $450 million over the next few years in expansion of its 1400 sites around the country.
BP rolls out $450m new store, refurbishment program Read More »
NSW expansion for Puma Energy as new travel centre opens
In a move that signals the start of an expansion into New South Wales, Puma Energy, Australia’s largest independent fuel operator, opened its first newly-built Australian service centre in Kempsey on 4 May. The South Kempsey Travel Centre will create 185 jobs in the region and service the 13,000 vehicles that pass through on the
NSW expansion for Puma Energy as new travel centre opens Read More »
APICSA and ACAPMA merge
Australian Petroleum Industry Contractors and Suppliers Association merge with the Australasian Convenience and Petroleum Marketers Association to further petroleum equipment and services businesses interests.
APICSA and ACAPMA merge Read More »
United Petroleum rethinks potential float, petrol site interest hots up
United Petroleum’s rumoured plans for an up to $1.5 billion float or partial sale may be on hold due to the proposed IPO of Shell distributor and retailer Viva Energy, according to industry reports this week. Korea’s S-Oil Corp, which looked over the business some time ago, is believed to have recently cast another eye
United Petroleum rethinks potential float, petrol site interest hots up Read More »
BP to close Bulwer Refinery as Asian competition bites
BP Australia will cease production at its Bulwer Island Refinery in May, according to a BP Australia spokesperson, who confirmed that an agreement was signed with Caltex for the supply of petrol and diesel from Caltex’s Lytton, Brisbane refinery. The 102,000 barrels a day, Brisbane, Queensland refinery will become a jet fuel import terminal. “Alternate
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