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ACCC Forces BP To Back Out Woolies Petrol Deal
2 days ago

ACCC Forces BP To Back Out Woolies Petrol Deal

It’s back to the drawing board for Caltex, Woolworths and BP after the nation’s competition regulator, ACCC forced the three companies to accept that there is no way it would …
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BP will not proceed with acquisition of Woolworths’ fuel network
3 days ago

BP will not proceed with acquisition of Woolworths’ fuel network

BP Australia will not continue with the proposed acquisition of Woolworths’ retail fuel and convenience business, originally announced on 28 December 2016.

Despite its best efforts, BP has determined the …
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BP invests $20m in ultra-fast electric vehicle batteries
1 month ago

BP invests $20m in ultra-fast electric vehicle batteries

Oil giant BP has announced that it will invest $20m (£14.8m) in Storedot, a company which is in the process of developing batteries for electric vehicles (EVs) that will take the same …
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BP Confirms Transaction Delays Caused Problem With BPme App
2 months ago

BP Confirms Transaction Delays Caused Problem With BPme App

Looks like our guess about the payment gateway was correct. BP has confirmed to Which-50 that the problem in its payment app called BPme that resulted in ADMA managing …
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Deadline looms for Woolworths’ $1.8bn fuel deal
2 months ago

Deadline looms for Woolworths’ $1.8bn fuel deal

Woolworths will be open to consider other options for the sale of its fuel business in the coming months as the deadline for a sunset clause in its deal with …
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Peregrine swoops on BP petrol stations
2 months ago

Peregrine swoops on BP petrol stations

Peregrine is tipped to be the frontrunner in the contest to buy about 230 Woolworths petrol stations, with Kohlberg Kravis Roberts now out of the competition.

Earlier, it …
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CoucheTard, PetroChina, KKR vie for servos
2 months ago

CoucheTard, PetroChina, KKR vie for servos

The sales process for about 230 of the Woolworths petrol stations is understood to be drawing to a close, with Couche-Tard, PetroChina and Kohlberg Kravis Roberts believed to be …
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Two suitors to drive new deal for Woolworths petrol stations should BP walk
4 months ago

Two suitors to drive new deal for Woolworths petrol stations should BP walk

Global private equity firm Kohlberg Kravis Roberts and PetroChina are believed to be lining up to buy Woolworths petrol stations in the likely event the deal the supermarket group …
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BP forges new fuel retail JV in China as it mulls options on Woolworths
5 months ago

BP forges new fuel retail JV in China as it mulls options on Woolworths

BP Australia head Andy Holmes says a joint venture the oil major has formed in China will use expertise from the group’s Australian fuels retailing business to provide a new …
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