Petrol

Caltex welcomes new investors as Chevron sell $4.73 billion stake

15 Comments / Petrol /

The sudden $4.73 billion exit from Caltex Australia’s share registry by 50% shareholder Chevron is seen as an opportunity for Caltex to pursue acquisitions, which were pointed to by Caltex Australia chief executive Julian Segal at February’s FY results presentation. Mr Segal welcomed new investors to its share register following the successful sell down by […]

Caltex welcomes new investors as Chevron sell $4.73 billion stake Read More »

Gallagher Fuel Systems’ new multimedia solution

Leave a Comment / Petrol, Supplier news /

Gallagher Fuel Systems and Adverto Outdoor Media have teamed up to create Australia and New Zealand’s most powerful integrated focus pump and multimedia solution. According to Adverto Outdoor Media managing director Teyghan Stadelbauer, “This exciting innovation enables petrol retailers to stay ahead of the curve. Digital has become a ‘need to have’, not just a

Gallagher Fuel Systems’ new multimedia solution Read More »

Is United Petroleum set for a $1bn float or partial sale?

Leave a Comment / Petrol, Retailer news /

United Petroleum is marketing a public float or 50% sale of the company and may forge ahead with a public listing on the Australian Stock Exchange later in 2015, according to media reports, while higher valuations are being seen in the petrol retail market. According to Fairfax’s Business Spectator online, the move by the leading

Is United Petroleum set for a $1bn float or partial sale? Read More »

ACCC announces first regional petrol market study in Darwin

9 Comments / Petrol /

The Australian Competition and Consumer Commission has announced Darwin as the first regional location being studied under the new petrol monitoring arrangements launched by the Minister for Small Business, the Hon Bruce Billson MP, in December 2014. The aims of the regional market studies are to get to the bottom of why prices are higher

ACCC announces first regional petrol market study in Darwin Read More »

Premium fuel sales continue to drive Caltex profit

457 Comments / Petrol /

Continued growth in its Marketing division – with a core strategy of driving sales of premium fuels – together with external market conditions that were favourable to its Supply Chain division, contributed to Caltex Australia’s 2014 full year net profit after tax of $493 million. The result is calculated using the company’s preferred replacement cost

Premium fuel sales continue to drive Caltex profit Read More »

Coles Express sees store sales grow, petrol down

Leave a Comment / Petrol, Retailer news /

Coles’ half-year 2014 sales were driven by good result from its supermarket stores, while in the convenience sector, Coles Express saw higher merchandise sales offset by lower fuel volumes and prices. In convenience, store sales increased 8.1% per cent, while fuel volume growth fell by 6.9% for the half year. “Lower fuel volumes were due

Coles Express sees store sales grow, petrol down Read More »

ACCC releases first quarterly petrol report

1 Comment / Business matters, Petrol /

The first quarterly report into the Australian petroleum industry released by the Australian Competition and Consumer Commission (ACCC) today shows that after reaching a low in January 2015, petrol prices have begun to rise, reflecting international trends. While falls in capital city prices correlate with international trends, the is not always the case in regional

ACCC releases first quarterly petrol report Read More »

Caltex appoint Shell executive to new position

1 Comment / People / Services, Petrol /

Caltex Australia have announced the appointment of Adam Ritchie to the newly created position of General Manager – Supply. In the new position Mr Ritchie will be responsible for ensuring competitive and reliable product supply for Caltex, a function of particular importance as Caltex continues to transform their supply chain. Mr Ritchie will commence as

Caltex appoint Shell executive to new position Read More »

P&C retailers use technology to attract new business

1 Comment / Convenience retailers, Petrol, Retailer news /

A new offering from Australian firm JEA Technologies – the Smart Antenna by iSIGN Media – gives convenience stores, fuel outlets and retailers of all kinds the ability to reach out to new and existing customers, while also collecting data and measuring the effectiveness of promotions. Technology such as the Smart Antenna provides location based

P&C retailers use technology to attract new business Read More »

Viva Energy completes Liberty deal, flags $1billion investment

294 Comments / News, Petrol, Retailer news /

Viva Energy Australia, the exclusive distributor of Shell branded fuels and lubricants in Australia, has completed its acquisition of a non-controlling stake in Liberty Oil, one of its largest retail customers. Viva Energy businesses include the Shell Geelong refinery, supported by more than 20 terminals across the country supplying around 870 petrol convenience sites. Scott

Viva Energy completes Liberty deal, flags $1billion investment Read More »

Scroll to Top