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Viva Energy Australia is a listed Australian company that owns the Geelong Oil Refinery and is licensed to retail Shell-branded fuels across Australia under a licence agreement. It also owns and retails fuel through Coles Express , OTR , Reddy Express , Liberty Oil and Westside Petroleum-branded service stations.
Liberty Oil was founded in 1995 by David Goldberger and David Wieland, who had previously founded Solo in 1974, before selling it to Ampol in 1989. Goldberger and Wieland had been subject to a ten year non-compete clause however this was ruled void by the Trade Practices Commission when Ampol merged with Caltex.
The Geelong Oil Refinery is an oil refinery owned and operated by Viva Energy in Corio near Geelong in the Australian state of Victoria. In 2017, it was Australia's second-largest oil refinery, able to process 7.5 billion litres of crude oil per year. [1] The Geelong refinery was established by Shell Australia in 1954. [2]
Stocks with market capitalization between $2B and $10B, such as Viva Energy Group Limited (ASX:VEA) with a size of...
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During 2023 Viva Energy entered into an agreement with the owners of more than 200 OTR-branded petrol stations to acquire the fuel and convenience store marketing rights at all OTR-branded outlets in South Australia and elsewhere. The acquisition was approved by the ACCC during 2024, following which the acquisition was completed in March 2024.
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