caltex

Retail Asia02/12/2019

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 250 sites represent all the freehold sites in a core […]

Retail Asia27/08/2019

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. Caltex chairman Steven Gregg said Segal has made significant contributions to the company during […]

Retail Asia29/05/2019

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 business were down in Q1 on the same period in 2018, which contributed to a net profit […]

Retail Asia11/04/2019

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, parcel collection and other services. The convenience retailer on Tuesday laid out a vision […]

Retail Asia02/01/2018

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 Caltex Australia, which will acquire a 20 percent interest in the independent oil firm. “We have […]

Tag: caltex

Caltex set to float 49 per cent stake in 250 retail sites

Gull continues CEO search

Caltex profit falls amid rising competition

Caltex putting digital foundations in place via App

Seaoil partners with Caltex Australia