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  • Incitec Pivot Bond Offering; Australian Index Up 4 Dec 2009 02:24 GMT
    ... advance. Arrow Energy climbs on positive comments. Caltex Australia declines after an analyst downgrade. ASX ... Limited dropped 2.2% to A$9.26 after the oil refiner was downgraded to “sell” from “hold” ... from “hold” at both Citigroup Inc. Woodside Petroleum Ltd fell 0.8% to A$49.36 after the ...

  • Crackdown on fuel pricing database 4 Dec 2009 01:12 GMT
    ... $300 million deal that would have allowed Caltex to control 44 per cent of the ... pump an extra 1.6 billion litres of petroleum products a year. In blocking the sale, ... information via the industry website, Informed Sources Oil Price Watch. Yesterday Mr Samuel accused oil ...

  • Shares lacklustre despite spending surge 4 Dec 2009 02:24 GMT
    ... BHP NUFARM LIMITED - ASX NUF WOODSIDE PETROLEUM LIMITED - ASX WPL CALTEX AUSTRALIA LIMITED - ASX CTX JAMES HARDIE ... AG AUSTRALIAN COMPETITION AND CONSUMER COMMISSION MOBIL OIL AUSTRALIA LIMITED BANK OF AMERICA CORPORATION NIKKEI ...

  • UPDATE 1-Australia regulator opposes Caltex-Exxon deal 2 Dec 2009 05:11 GMT
    ... (Reuters) - Australia's competition watchdog has blocked Caltex Australia Ltd's proposed A$300 million ($278 million) ... competition for petrol, diesel and automative liquid petroleum gas markets, leading to higher prices. Shares ... greater propensity to discount compared to the oil majors, including Caltex," the ACCC said. Caltex, ...

  • ACCC axes Caltex plan for Mobil station 2 Dec 2009 05:52 GMT
    ... ACCC axes Caltex plan for Mobil station The competition watchdog has ... to oppose the proposed acquisition of Mobil Oil Australia's retail assets. 'The ACCC concluded that ... Caltex, half owned by US energy giant Chevron Corp, said in a statement that it ...

  • ACCC axes Caltex plan for Mobil 2 Dec 2009 05:59 GMT
    ... THE competition watchdog has knocked back Caltex Australia Ltd's attempted takeover of 302 Mobil service ... to oppose the proposed acquisition of Mobil Oil Australia's retail assets. "The ACCC concluded that ... Caltex, half owned by US energy giant Chevron Corp, said in a statement that it ...

  • Caltex bid for Mobil stations rejected 2 Dec 2009 07:12 GMT
    ... "The acquisition of these sites by Caltex would be likely to lead to reduced retail ... consumers,'' Mr Samuel said. Caltex, Australia's biggest oil refiner, in May offered to buy all ... Caltex, half owned by US energy giant Chevron Corp, said in a statement that it ...

  • Saudi Aramco CEO: Will Try to Help Stabilize Oil Prices 2 Dec 2009 16:16 GMT
    ... Al Falih (Click to Enlarge) Saudi Arabian Oil Co., or Saudi Aramco, will do its ... said early this month the Organization of Petroleum Exporting Countries will keep output quotas unchanged ... such as SK Energy Co. and GS Caltex Corp. to help ensure a stable supply, ...

  • Caltex Shares Up 6.1% On Hope Of ExxonMobil Deal Approval 30 Nov 2009 09:16 GMT
    ... Caltex Shares Up 6.1% On Hope Of ExxonMobil Deal ... earlier objections. Shares in Australia's only listed oil refiner ended the day's trading up 6.1% ... lift its share of the Australian retail gasoline market to 22% from 16%, putting it ...

  • Australia Opposes Caltex-Exxon Mobil Deal 2 Dec 2009 17:12 GMT
    ... SYDNEY—Australia's competition regulator has rejected Caltex Australia Ltd.'s proposed 300 million Australian dollar ... regulatory sensitivity to any deals in the gasoline sector. In line with a preliminary evaluation ... supply of gasoline, diesel and automotive liquid petroleum gas. The regulator said it also has ...

  • Aramco works to stabilize oil prices 2 Dec 2009 21:13 GMT
    ... of Saudi Aramco, the world¡¯s largest crude oil supplier, said yesterday that the company will ... to Korean refiners SK Energy and GS Caltex. Al-Falih said recently that international oil prices have ... renewable energy sources. Yet he added that gasoline, a fossil fuel, will continue to be ...

  • ACCC to block Caltex-Mobil deal 2 Dec 2009 05:33 GMT
    ... competition watchdog has dealt a blow to Caltex's $300 million takeover bid for 300 Mobil petrol ... greater propensity to discount compared to the oil majors, including Caltex," it said. ...

  • ACCC rejects Caltex expansion 2 Dec 2009 20:17 GMT
    ... Mobil's service stations by rival petrol group Caltex. The transaction would have been worth $A300m and ... LIMITED - ASX CTX EXXONMOBIL CORPORATION MOBIL OIL AUSTRALIA LIMITED AUSTRALIAN COMPETITION AND CONSUMER COMMISSION UBS ...

  • ACCC scuttles Caltex expansion plan 2 Dec 2009 20:17 GMT
    ... Mobil's service stations by rival petrol group Caltex. The transaction would have been worth $A300m and ... LIMITED - ASX CTX EXXONMOBIL CORPORATION MOBIL OIL AUSTRALIA LIMITED AUSTRALIAN COMPETITION AND CONSUMER COMMISSION UBS ...

  • Revealed: how big oil fixes petrol prices 2 Dec 2009 23:20 GMT
    ... Commission (ACCC) pointed to the possibility yesterday when it rejected the proposed merger between Caltex and Mobil. But it is barely two years since the ACCC delivered the findings of ...


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