(EnergyAsia, August 26 2011, Friday) — Australia’s largest oil refiner is wondering if it should stick it out in an increasingly cut-throat business hurt by competition from cheaper imported fuel from Asia, a strong Australian dollar and high crude oil prices.After reporting that its two refineries and downstream operations had suffered a 24.2% decline in…
AUSTRALIA: Caltex next to review viability of refining operations
Posted on August 26, 2011 by EnergyAsia