Tag: fuel

Caltex delivers record profit

Caltex recorded an after-tax profit of $522 million for the 2015 full year, including a gain relating to significant items of $29 million after tax. This compares with the 2014 full-year profit of...

Moorabbin: Costco’s first Melbourne fuel site

The latest Costco Wholesale warehouse opened at Moorabbin, in south-east Melbourne, in November, giving the city’s motorists their first opportunity to buy from Costco’s Kirkland Signature fuel options. This is the eighth Costco warehouse...

ACCC says report is further impetus for improving price transparency

Average petrol prices for the quarter up to the end of December 2015 were lower than previous quarters, but not as low as might have been expected given lower crude oil prices,...

Caltex ambassador unveils TeamVortex V8 Supercar look

Triple V8 Supercar champion Craig Lowndes has unveiled the new TeamVortex livery ahead of its debut in the 2016 V8 Supercars Championship. The formation of TeamVortex is an extension of the partnership between...

Go2 Rewards gives Sydney drivers free fuel

More than 350 drivers picked up free fuel at Metro Petroleum St Marys in western Sydney on Wednesday, during Go2 Rewards’ launch event. From midday until 2pm on February 3, drivers could claim...

Lower fuel prices give consumers and retailers a spending boost

Australian retailers are poised to benefit to the tune of $3.2 billion over the next six months if the current low fuel prices remain in place, according to the National Retail Association...

International news: NACS launches Fuels Resource Centre

The online resource from the National Association of Convenience Stores (NACS) in the US shares research, news and data essential for the novice consumer as well as the knowledgeable retailer. The convenience and...

Local fuel manufacturing in decline

The petroleum refining and petroleum fuel manufacturing industry’s revenue is falling rapidly, with a decline of 16.7 per cent expected in 2015-16 alone, according to IBISWorld. Industry revenue is estimated to decline at...
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