Ampol mulls closing Lytton refinery
Ampol may shut its Brisbane refinery and instead import fuel, amid losses caused by the pandemic’s hit to demand.
Ampol may shut its Brisbane refinery and instead import fuel, amid losses caused by the pandemic’s hit to demand.
Signs are emerging around the market that large-scale mergers and acquisition activity in Australia could soon be returning.
Ampol chief commercial officer Louise Warner has quit the fuel retailer to join Canada’s takeover suitor Couche-Tard.
Afterpay and QBE led the ASX to losses of 1.8pc at the close, while economists noted a dovish shift from the RBA at its latest meeting.
Oil heavyweight Chevron is taking Ampol to court alleging breaches of trade mark licence agreements relating to the Caltex brand.
Chevron is angry Australian service station chain Ampol continues to use its iconic Caltex brand, launching a legal brawl to have signs taken down.
Ampol’s Lytton fuel refinery is facing more questions about its sustainability after a major contribution to a heavy first-half loss.
Charter Hall’s acquisition of a $682m stake in the Ampol petrol stations with partner GIC has been well received by some analysts
Could Canada’s Couche-Tard be considering a return to the negotiating table over Ampol?
Original URL: https://www.theaustralian.com.au/topics/ampol/page/5