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Caltex investors in waiting mode after takeover talks
2 days ago

Caltex investors in waiting mode after takeover talks

Continuing soft conditions for oil refining and a lack of clear rival bidder competition mean Caltex Australia’s suitor Alimentation Couche-Tard might be in no hurry to decide on its next step …
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Renewable hydrogen costs could halve by 2030, beating “unabated” fossil fuels
2 days ago

Renewable hydrogen costs could halve by 2030, beating “unabated” fossil fuels

A new report published by the Hydrogen Council predicts that the cost of renewable hydrogen production could halve over the next ten years, putting Australia is in prime position to …
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Man admits to dousing stranger in diesel fuel at Canberra petrol station
2 days ago

Man admits to dousing stranger in diesel fuel at Canberra petrol station

A Queensland man has admitted to dousing a stranger in diesel fuel at a Canberra petrol station.

His passenger, a woman, is accused of trying to set a tampon on …
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Canadians return home to cool off after Caltex talks
5 days ago

Canadians return home to cool off after Caltex talks

Executives from Caltex Australia suitor Alimentation Couche-Tard, the Canadian convenience store group, are expected to take their time weighing up whether to make another offer for the fuel retailer, after …
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Bidder’s credit impact brings negative outlook on Caltex
6 days ago

Bidder’s credit impact brings negative outlook on Caltex

Caltex could suffer a weakened credit profile if Couche-Tard’s $8.6bn takeover bid proceeds due to the Canadian company’s weaker financial position, ratings agency S&P Global said.

The Australian fuels retailer …
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Softer refining toughens the task for Caltex
1 week ago

Softer refining toughens the task for Caltex

A weaker than expected end to 2019 at Caltex Australia’s refining business may have made it harder for the takeover target to extract a sweeter bid from its Canadian suitor …
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Caltex signs confidentiality deal ahead of briefing
1 week ago

Caltex signs confidentiality deal ahead of briefing

Takeover target Caltex Australia has advised it has signed a confidentiality agreement, as expected, with its Alimentation Couche-Tard ahead of presentations by senior management later on Thursday that will provide its Canadian …
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Digitally Transforming The Petrol Retail Industry Through AI And Smart IoT
1 week ago

Digitally Transforming The Petrol Retail Industry Through AI And Smart IoT

The network has always been the nervous system of business, enabling the efficient flow of business processes and transactions. We are entering a new age of digital transformation, and yet …
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Couche-Tard to examine Caltex as rivals prowl
1 week ago

Couche-Tard to examine Caltex as rivals prowl

Canada’s Alimentation Couche-Tard is understood to be the only party interested in a full takeover bid for Caltex Australia, with the rival approaches made over the past few weeks limited …
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Caltex takeover action revs up; management readies presentation
2 weeks ago

Caltex takeover action revs up; management readies presentation

The protracted stalemate between Australian fuel bigwig Caltex and its Canadian suitor has finally been broken.

Street Talk can reveal a long-awaited management presentation by Caltex top brass to their …
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