New figures from the ACCC show just how hard petrol has been hit by COVID-19.
The consumer watchdog’s petrol monitoring report found Australia experienced the lowest monthly average petrol prices on record in April.
ACCC report reveals extent of COVID-19 hit to petrol Read More »
Chevron has completed the acquisition of Puma Energy Australia.
The $425 million deal boosts Chevron’s Australian portfolio by 360 company and retailer owned service stations, owned or leased seaboard import terminals and fuel distribution depots, as well as a commercial and industrial fuel business. Chevron will use the Puma Energy brand under licence in the near term.
Chevron has completed the acquisition of Puma Energy Australia. Read More »
Canstar Blue has just released their annual review of petrol stations. The financial comparison site ranked the servos based the results of a national survey of 2,100 motorists, the review took into account customer ratings of the cleanliness and appearance of a station, the level of customer service received, convenience, facilities and product range. It
Puma Energy rank highest in new customer survey Read More »
A new ultra-fast electric vehicle (EV) charging station has opened in Victoria, allowing drivers to charge their car in just 15 minutes. Operated by Ampol and Evie Networks, the (currently Caltex branded) site in Avenel, 130km north of Melbourne, is the first of six Ampol EV sites set to open within the next 12 months
New ultra-fast EV charging station opens in Victoria Read More »
BP has told investors they are rethinking their long-term plan, as they evaluate the toll of COVID-19 and the reliance on fuel and gas in their move towards becoming a carbon zero company by 2050. In a statement issued earlier this week the fuel giant said they were reviewing both their portfolio and capital development
BP flags second quarter hit Read More »
X Convenience are opening a new store in Adelaide’s north. The petrol and convenience store has been announced as the first commercial tenant for the new Springwood Village Centre, in Gawler East, where it will have 24/7 trading, serve barista made coffee and stock fresh food and groceries. Construction on the store, which is being
X Convenience moves into new development Read More »
NightOwl are celebrating the reopening of their New Farm store in Brisbane’s northern suburbs, two years after it was destroyed by fire. The convenience store was razed when the restaurant adjoining the store caught fire in April, 2018. The store had been serving the local community since 1985 and was the first of NightOwl’s now
NightOwl store reopens two years after fire Read More »
Australia has signed a deal to store petrol reserves in the US. Energy Minister Angus Taylor finalised the deal yesterday, joined by the US ambassador Arthur Culvahouse and US Secretary of Energy Dan Brouillette, who appeared via video link. It will allow Australia to lease US storage facilities to hold the $94 million in US
Australia signs US petrol deal Read More »
OTR has brought Guzman Y Gomez to Adelaide’s south. The convenience and petrol retailer are celebrating the reopening of their Glandore store on the Anzac Highway, following a six-month rebuild which now features the Mexican QSR, complete with a drive-thru. It’s the fifth GYG to open in South Australia. The new OTR store also stocks
OTR celebrate store reopening Read More »
Health-focussed fast food chain Oliver’s Real Food (OLI) has finalised a long-term supply agreement with UK based EG Group. Under the agreement EG will pay Oliver’s a one off $500,000 license fee for the exclusive use of Oliver’s branding under a 10 year deal. Oliver’s will also supply all products sold at EG’s Oliver’s outlets.
EG Group finalise Oliver’s Real Food deal Read More »
APN Convenience Retail REIT (AQR) has acquired two regional Coles Express stores. The Gatton, QLD and Inverell, NSW stores were purchased for $5.1 million each. Both stores had been built within the last five years (2015 and 2016 respectively) and have been leased by Coles with a combined weighted average lease expiry of 8.3 years.
APN add two regional Coles sites to portfolio Read More »
Viva Energy has announced they will acquire Westside Petroleum in full. VEA acquired an initial 50% non-controlling interest in the petrol retailer in August 2018 and, following a successful expansion of Westside’s retail businesses, will proceed with acquiring the remaining shares. Westside Petroleum operates a network of 50 service stations across New South Wales,
Viva Energy’s acquisition announcement Read More »
Caltex has revealed the newly redesigned Ampol logo as it gears up for a major rebrand back to the name. Unveiling the modernised logo on Wednesday, Caltex said it “nods to our proud 80 year history, but is a modern reflection of our organisation, as it exists today”, adding it symbolised ‘forward momentum’ and reflected
Caltex one step closer to Ampol rebrand Read More »
