petrol

Declare convenience an essential service, says AACS

The Australasian Association of Convenience Stores are calling on the government to declare the industry an essential service, amid the unprecedented challenges presented by Covid-19. And are calling for the industry to be declared an essential service, citing their vital role in providing fuel and essentials to local communities. AACS CEO Jeff Rogut said the

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New forecourt technology set to change refuelling

Digital interface technology company Adverto are set to launch a pilot trial of their first touch to order software at selected petrol sites. The UniFixed and UniTopper models, which can be fitted internally/externally to new and existing pumps, will allow owners to control what is displayed. Including by allowing them to display paid advertising. Consumers

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Viva Energy invest $100 million in Geelong refinery

Viva Energy Australia have committed to securing the future of their Geelong refinery and will invest more than $100 million for significant maintenance works. The company will take the major step of closing the 65-year-old refinery for up to two months during the works, termed the ‘Cracker Turnaround’ program. When complete, it will provide job

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Caltex to grant Couche-Tard ‘due diligence’

Caltex have agreed to allow Alimentation Couche-Tard (ATD) to undertake ‘due diligence’ as it weighs up the Canadian giant’s final takeover bid. C&I reported last week ATD had placed a final bid of $8.8 billion. The latest move, reported by Reuters, was outlined in a statement from the board to shareholders yesterday stating it was

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Couche-Tard make final Caltex bid

Canadian conglomerate Couche-Tard have put forward their final bid for Caltex. Caltex confirmed this morning they had received the revised bid from Alimentation Couche-Tard (ATD) to acquire all shares at a price of A$35.25 per share (less dividends). The deal is estimated to be worth $8.8 billion. The higher bid follows Caltex sharing non-public information

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BP Australia replace Shell in Supercars deal

BP Australia have replaced rival Shell as the official fuel supplier for Supercars. The company have signed a three-year deal to supply more than 350,000 litres of their specially formulated E85 blend fuel across the Supercars Championship. All Supercars and Dunlop Super2 Series cars will also feature BP Ultimate branding as part of the deal.

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Federal Court challenge on oil drilling

An environmental group is set to challenge Equinor’s approval to drill for oil in the Great Australian bite. The Wilderness Society SA are launching a challenge of NOPSEMA’s (National Offshore Petroleum Safety and Environmental Management Authority) approval of the plans in the Federal Court. NOPSEMA had conditionally approved the Norwegian company’s plans for ultra-deepwater Stromlo-1

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Viva Energy extend Shell license

Viva Energy have extended their Shell Brand License by ten years. The agreement will see Viva EnergyAustralia (VEA) operate on similar commercial terms to their existing license across Shell branded retail automotive fuels in Australia until December 31, 2029. Viva Energy CEO Scott Wyatt said it continues the company’s ‘long history’ of custodianship of the

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