Lockdowns must end: Ampol boss
Ampol chief executive Matt Halliday said the 70 per cent vaccination target was the right approach and states should re-open when the goal was hit
Ampol chief executive Matt Halliday said the 70 per cent vaccination target was the right approach and states should re-open when the goal was hit
Ampol’s public $1.91bn takeover offer for Z Energy has strategic logic at both corporate and government levels.
A mystery buyer for Z Energy is still said to be waiting in the shadows, as Ampol confirmed a $NZ2bn buyout proposal for its NZ rival.
ASX 200 snaps five day losing streak to close 0.4 per cent higher, led by CBA and Afterpay. Ampol lobs Z Energy bid. Qantas offers rewards campaign for fully vaccinated passengers. Bitcoin hits $US50,000
Ampol’s possible purchase of Z Energy could enhance the petrol retailer’s international trading operations, say analysts.
The focus is narrowing on global fuel trader Vitol and Australian listed fuel retailer Ampol as the suitors circling New Zealand fuel distributor Z Energy.
A Terry White Pharmacy, a Nextra Newsagency and an Ampol are among the new coronavirus exposure sites in New South Wales.
The future of mobility is, eventually, electric. Ampol has staked its claim, winning federal funding for its first major foray into charging.
Petrol retailer Ampol has welcomed Federal Court rulings in its branding battle with US oil giant Chevron.
Ampol is set to announce a raft of green plans, including a partnership with Tesla and a push into hydrogen.
The government support offered to Ampol for its Lytton Refinery to remain open may make the company more attractive to its former suitor Alimentation Couche-Tard.
The closure of BP and Exxon refineries were an extra spur for the government’s stronger-than-expected aid for Ampol and Viva Energy.
Stocks have been let run down too far below recommended levels.
Australia’s two remaining oil refineries will remain open for at least six more years under taxpayer subsidies of up to $2.3bn.
Australia’s share market trimmed a solid intraday rise to close up 0.1% at the day’s low of 7023.6; CBA, Aristocrat, Xero, gold miners up.
Ampol said it was close to a call on whether to keep Lytton refinery in Brisbane open or convert it into an import facility.
Ampol has delivered a $175m profit in the first three months of the year, but that might not be enough to save Lytton.
Fuels retailer Ampol has vented frustration over Australia’s haphazard response to COVID-19 outbreaks.
Court documents reveal Ampol was repeatedly put on notice by Chevron over the use of its trademark.
The future of one of Australia’s three remaining oil refineries is still in doubt despite a smaller than expected quarterly loss.
Speculation that Couche-Tard may have another crack at Ampol may change with the Canadian giant’s lunge for Carrefour.
A chain of petrol stations has lobbed a legal bomb at Ampol, saying it wouldn’t have signed a deal if it knew the Caltex brand was being dumped.
Policy reforms from all levels of government are needed to ensure development of a range of technologies and alternative fuels, says Ampol chief Matt Halliday.
Ampol has given itself until June 2021 to make a decision on the future of Lytton.
Australian petroleum company Ampol — formerly Caltex Australia — has delayed a decision about its Lytton Oil Refinery in Queensland.
ASX hits highest point since February as US futures rise, and as Ampol announces buyback and big miners perform strongly.
The prospect of no Australian oil refineries from next year loomed large from Ampol’s musings on Monday.
Australia’s fuels sector has been dealt a further blow with more than 100 jobs cut due to the slump in demand for jet fuel.
BP’s move to end production at Kwinana and turn it into an import terminal is a new blow to the government’s energy security policy.
Ampol reports a big fall in third-quarter profit after heavy refinery losses, as it reviews the future of its Lytton facility.
Original URL: https://www.theaustralian.com.au/topics/ampol/page/4