(EnergyAsia, August 26 2014, Tuesday) —- Caltex Australia said its first-half profit fell 12.3% from year-ago levels to A$173 million caused largely by the impending shutdown of one of its two oil refineries and the weaker local currency against the US dollar. (US$1=A$1.08). But the decline was not as severe as feared when the listed…
AUSTRALIA: Caltex’s first-half profit down but less than feared on reduced output from impending Kurnell refinery closure
Posted on August 26, 2014 by EnergyAsia