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Corporate

Deal looms on Puma Energy
1 month ago

Deal looms on Puma Energy

Puma Energy is believed to be in final negotiations for a sale of its Australian assets after they were recently placed on the market through Bank of America.

So far, …
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Coast fuel company collapse: Mega Fuel owes racing teams it sponsored $843k after going into administration
2 months ago

Coast fuel company collapse: Mega Fuel owes racing teams it sponsored $843k after going into administration

THE collapse of Gold Coast bulk fuel supply company Mega Ltd has left an $843,000 shortfall in the funding tank for racing teams it sponsored.

Yatala-based Mega burst on to the scene in …
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Shell promotes Australia head to run global conventional oil, gas unit
2 months ago

Shell promotes Australia head to run global conventional oil, gas unit

MELBOURNE (Reuters) – Royal Dutch Shell has promoted its current Australia chief, Zoe Yujnovich, to the role of executive vice president for conventional oil and gas from Jan. 1, based …
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Coles loses $40 million case against the ATO over evaporated fuel
2 months ago

Coles loses $40 million case against the ATO over evaporated fuel

Supermarket giant Coles has lost a $40 million Federal Court case against the Australian Taxation Office over tax it paid on 107 million litres of evaporated fuel sold through its …
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BP’s Andy Holmes to step down
3 months ago

BP’s Andy Holmes to step down

BP Asia Pacific chief Andy Holmes is stepping down at year’s end to be replaced by European-based executive Frederic Baudry.

Mr Holmes has run the oil giant’s Australian operations for …
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Segal is an agent of change for Caltex
3 months ago

Segal is an agent of change for Caltex

Julian Segal’s swansong financial year is not stacking up as one of his best performances as Caltex chief executive over the past decade, but he still deserves praise for being …
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Next Caltex chief has work cut out as BP teams up with David Jones
3 months ago

Next Caltex chief has work cut out as BP teams up with David Jones

Any doubts as to why Julian Segal is leaving Caltex were put to rest today with the company reporting a dismal half-year profit report with earnings down from $443 million to $255m …
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Caltex to sell 50 sites as reins back retail forecasts
3 months ago

Caltex to sell 50 sites as reins back retail forecasts

Fuels supplier Caltex Australia will sell 50 service station sites in Sydney and Melbourne and has walked away from its guidance of an uplift of as much as $150 million …
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A new source of energy could power Caltex
4 months ago

A new source of energy could power Caltex

“It gives me a little bit of space to think about things. It’s good to keep fit, and by having one of these races in the calendar, it gives you …
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What next for Caltex?
4 months ago

What next for Caltex?

By  •  Corporate

Caltex has a long history in the Australian fuels market. Its history began in the 1940s when AMPOL (recall its marketing tag of being the ‘Quiet Australian’) was listed on …
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