Viva’s Lost Wages as Pandemic Bites

Viva’s Lost Wages as Pandemic Bites

4 months ago
Viva Energy has followed its rival Ampol in revealing the damage done to the refining, distribution and retailing of oil and petrol products by COVID. Ampol’s Monday full year results showed a bigger loss at its Lytton refinery, lower revenues, a lower dividend that would have been bigger if not for higher sales and earnings from its chain of convenience stores attached to fuel stations. Viva, which operates the former Shell refinery in Geelong and […]
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Unrealistic Victorian road map could force closure of Geelong refinery: Viva

9 months ago
The head of major fuel refiner Viva Energy has criticised the Victorian government’s COVID-19 road map as unrealistic, warning the company may be forced to close its Geelong oil refinery for good if restrictions are not eased by November. Viva has been mulling its options for the Geelong site since the virus and its related restrictions on both international and local travel wiped out demand for fuel. However, the recent stage three and four lockdown […]
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