Opinion: Breaking down the motorist’s mindset
Nic Moulis takes a look at the volume share of fuel sold in Sydney’s Campbelltown to gain a deeper insight into motorist’s behaviour.
Opinion: Breaking down the motorist’s mindset Read More »
Nic Moulis takes a look at the volume share of fuel sold in Sydney’s Campbelltown to gain a deeper insight into motorist’s behaviour.
Opinion: Breaking down the motorist’s mindset 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 »
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
Declare convenience an essential service, says AACS Read More »
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
New forecourt technology set to change refuelling Read More »
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
Viva Energy invest $100 million in Geelong refinery Read More »
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
Caltex to grant Couche-Tard ‘due diligence’ Read More »
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
Couche-Tard make final Caltex bid Read More »
The UK has pledged to ban the sale of all petrol, diesel and hybrid cars within 15 years – five years ahead of their initial 2040 deadline. The shorter timeline was announced by Prime Minister Boris Johnson ahead of the launch for the 2020 UN Climate Change Conference (COP26), to be held in November. And
Britain to ban petrol cars within 15 years Read More »
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.
BP Australia replace Shell in Supercars deal Read More »
In some rare good news for petrol prices, motorists may see some relief ahead of the Australia Day long weekend. The NRMA have forecast a price fall in Sydney and regional NSW, thanks to an oversupply of oil in the Asian market. Prices have already been falling – on average around 15 cents per litre
Bowser relief this long weekend Read More »
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
Federal Court challenge on oil drilling Read More »
Caltex Australia may have another takeover bid to contend with, according to Bloomberg. The media group have reported that the UK’s EG Group are potentially considering a takeover bid. According to the news, EG are currently working with a financial advisor to evaluate the viability of the bid. At this stage there is no move
EG reportedly considering Caltex Australia bid Read More »
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
Viva Energy extend Shell license Read More »