(EnergyAsia, June 27 2014, Friday) —- With the impending closure of one of its two refineries, Australia’s largest downstream oil company expects its first-half after-tax profit to fall to between A$150 million and $170 million compared with A$195 million for the same period last year. (US$1=A$1.05). Caltex said it is winding down production at its…
AUSTRALIA: Caltex expects sharp fall in H1 profit on reduced output from Kurnell refinery ahead of closure
Posted on June 27, 2014 by EnergyAsia