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Viva Energy’s Convenience and Mobility (C&M) division has experienced a decrease in both convenience sales and fuel volumes in the third quarter. This shrinkage is attributed to the ongoing challenges within the retail fuel industry, as well as a reduction in…
Fuel and convenience retailer Caltex is planning to undertake an initial public offering (IPO) of up to a 49 percent stake in 250 retail sites. The retailer would retain a majority 51 percent interest and enter into a long-term lease agreement for each site.…
The leader of Caltex Australia for the past decade has announced his upcoming retirement. Managing director and chief executive Julian Segal, who started at the petrol and convenience business in 2009, will stay on board until a suitable replacement is found.…
Increased competition and the rising price of crude oil had a negative impact on convenience and petrol station owner Caltex’s first quarter earnings. The retailer announced that earnings from both its fuels and infrastructure business and its convenience…
Caltex Australia is investing heavily in new technology to make transactions at its petrol stations and convenience store sites more simple and seamless and enhance the customer experience as it expands into new areas, such as fresh food, healthy fast food,…
Independent oil player Seaoil Philippines Inc. has taken in Caltex Australia Petroleum Pty Ltd. as long-term strategic partner for its expansion program. In a statement, Seaoil said it has signed a definitive agreement that forges a strategic partnership with…
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