Petrol

Fuel excise rises put pressure on business

The Australian Chamber of Commerce and Industry (ACCI) called on the Federal Government to exercise caution in relation to steps taken this week to impose higher fuel excise charges on road users. Increasing fuel excise charges places greater pressure on business and is anti-growth. Business understands the government’s challenge to balance the budget and supports […]

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Caltex responds to NSW EPA proceedings, faces $2 million fine

Caltex Australia acknowledged last week the EPA proceedings regarding the 2013 incident at its Banksmeadow terminal and said that it undertook an extensive investigation following a leak from a petrol tank at its Banksmeadow (NSW) terminal in July 2013 into secondary containment. Caltex Australia said that although there was no harm to the environment, Caltex

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BP Goes Pink in Pledge for McGrath Foundation

BP has today renewed its commitment to raise funds for the McGrath Foundation by going pink to launch a national social fundraising initiative, #BPPinkPledge. The dynamic move by BP sees flagship Sydney service station, BP Rozelle, transform from the signature BP green into McGrath Foundation pink – from pillars to pumps, with a bright pink

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New Visa software combats potential petrol pump card fraud

As petrol fraud continues to hit petrol convenience retailers, with unattended petrol pumps favourite places for thieves to test stolen or counterfeit credit cards, global payments technology company Visa has rolled out new software to help retailers cut off thieves at the petrol pump. “While global fraud rates across the Visa payment system remain near

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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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