refinery

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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BP shifts from refining to convenience

Fuel producer and retailer BP has flagged divestment from refining concerns in order to invest in their retail outlets. BP recently sold half of its 20% stake in the New Zealand Refining Company Limited, amidst reports of portfolio tightening. Formerly the largest shareholder in the only oil refiner in New Zealand, BP retained a 10.1%

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