Viva Energy’s refinery lost $30m

Viva Energy’s refinery lost $30m

4 years ago
The future of Viva Energy’s Geelong oil refinery remains in the balance after its losses accelerated in the September quarter, piling further pressure on the federal government’s fuel security measures to prevent the closure of a key manufacturer in lockdown-hit Victoria. The loss in refining totalled $30 million in the quarter, adding to the deficit of almost $50 million amassed in the June half. Viva said it was “pursuing all available options” to improve cash […]
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Viva Energy refinery leak incident

4 years ago
Emergency crews have been called to a hazardous materials incident at the Viva Energy refinery in Corio. Fire Rescue Victoria says about 12 firefighters were called to the Refinery Road address just before 5.20pm on Wednesday following reports of a hazmat incident. Crews arrived within eight minutes, and they are working with the CFA to make the scene safe. A Viva Energy spokesperson has also confirmed the incident. “A minor alarm sounded at the Viva Energy […]
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Extra 1.12 cents a litre: Calls for petrol price hike to protect Australia’s fuel security

4 years ago
Australians would need to pay an additional 1.12 cents a litre for petrol in order to achieve fuel security, a new report has found. The report, written by BIS Oxford Economics and backed by the Australian Workers’ Union, argues that Australia must increase its fuel capacity by 4,000 million litres. By doing so Australia would reduce its need to rely on overseas sources – which could be heavily disrupted. “The pandemic has demonstrated an urgent […]
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Fuel supply cooperation to continue during COVID-19

4 years ago
Viva Energy is among a group of energy and oil companies that have been authorised to continue cooperating on measures to improve the security of fuel supplies during the COVID-19 pandemic. The authorisation was granted by the Australian Competition & Consumer Commission (ACCC) and allows the Australian Institute of Petroleum (AIP) and major oil refiners to coordinate arrangements to address fuel supply issues in Australia arising as a result of the pandemic, and facilitate the […]
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leak reported at Viva Energy refinery

5 years ago
Bay939 reported that emergency crews have been called to an incident at Viva Energy’s Geelong refinery. Seven CFA vehicles attended the Refinery Road property in Corio on Wednesday afternoon. A Viva Energy spokesperson has confirmed in a statement to Geelong Broadcasters a small hydrogen leak was detected at the refinery at 3.30pm, resulting in a minor alarm being sounded. “In response, the unit is being shut down. Emergency services attended the site as per standard […]
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