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Caltex

BP shares in focus as group brings forward Aussie refinery closure

BP Plc (LON:BP) plans to cease production at a refinery in Queensland in Australia next month, ahead of a previously announced schedule, Reuters has reported. BP’s share price has been …
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BP turns to Caltex for supplies after Bulwer Island closure
4 years ago

BP turns to Caltex for supplies after Bulwer Island closure

BP is to boost the sourcing of oil products from rival Caltex following its decision to close its Brisbane refinery at Bulwer Island.

The refinery, which has the capacity to …
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Caltex welcomes new investors to share register
4 years ago

Caltex welcomes new investors to share register

Caltex Australia Managing Director and CEO Julian Segal today welcomed new investors to  its share register following the successful sell down by Chevron of its 50% shareholding in Caltex.

Mr Segal …
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No change from Chevron exit: Caltex
4 years ago

No change from Chevron exit: Caltex

Caltex Australia says it will be “business as usual” after US energy giant Chevron sold its 50 per cent shareholding in the local fuel refiner and distributor.

Chevron announced on …
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Chevron’s exit won’t alter Caltex’s course: CEO Julian Segal

US oil major Chevron’s $4.8 billion exit from Caltex Australia will not alter the local company’s strategy, but chief Julian Segal says it removes a “complexity” in distributing franking credits …
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Chevron sells out for $4.7bn but Caltex says ‘it’s business as usual’

Caltex Australia chief Julian Segal says it is “business as usual” following US energy giant Chevron selling its 50 per cent shareholding in the fuel retailer and refiner for $4.7 billion.


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Lessons from Caltex
4 years ago

Lessons from Caltex

By  •  Information, Feature

As an inefficient refiner, Caltex used to be one of the worst businesses on the ASX. The company devoured large swathes of capital and spat back paltry and unpredictable returns. …
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Caltex joins the hunt for assets
4 years ago

Caltex joins the hunt for assets

By  •  Advocacy, Supply

Another big player is on the prowl in the depressed oil and gas sector, with Caltex Australia ­saying it could make large ­acquisitions outside its core ­refining and marketing business, …
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Caltex full-year profit surges 48pc after petrol prices lag crude fall

By  •  Advocacy, Supply

Oil refiner and marketer Caltex Australia has reported a better than expected underlying full-year profit as Australian petrol prices lagged falls in the price of crude oil, and as it …
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Record marketing profits boost Caltex earnings
4 years ago

Record marketing profits boost Caltex earnings

By  •  Uncategorised

Petrol and diesel supplier Caltex Australia has rewarded shareholders with a near-trebling of its final dividend for 2014 but will give priority to acquisitions over an additional capital return.

The …
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