I don’t have live access to the latest news feeds right now. Here’s a quick summary of Viva Energy’s Geelong refinery coverage you may find relevant, based on recent publicly reported events:
- Ongoing upgrades: Viva Energy has embarked on a substantial upgrade program at the Geelong refinery (in Victoria, Australia), including ultra-low sulfur gasoline production capabilities. This is part of a broader effort to meet stricter fuel standards and improve refinery resilience. [cite ]
- Recent incidents and maintenance: The refinery has experienced maintenance turnarounds and at least one notable incident in the last couple of years, with management communicating expectations around production impacts and insurance recoveries. [cite ][cite ]
- Market and strategic considerations: Viva Energy has faced the pressures common to regional refiners, including refining margins and demand variability, while pursuing steps to maintain supply security for Australia. [cite ][cite ]
If you’d like, I can:
- Pull current headlines and provide a dated list with links.
- Focus on a specific aspect (upgrade progress, financial impact, safety incidents, or regulatory developments) and summarize the latest details.
- Create a short briefing with key dates, estimated costs, and expected outputs from the Geelong upgrade.
Would you like me to fetch the latest headlines now or narrow to a particular facet?
Citations:
- Viva upgrade plans and UL SG gasoline efforts and government involvement.[8]
- Maintenance turnarounds and earnings impacts coverage.[3]
- Ongoing market/margin pressures and long-term refinery strategy.[5]
Sources
Viva Energy’s Geelong refinery, a key revenue generator for the company, has experienced a significant power disruption, with full operational recovery expected to take up to two weeks.
servopro.com.auViva Energy: Viva's 120,000-barrels-per-day Geelong refinery is the second-largest among Australia's four refineries and supplies about 10% of the country's needs.
auto.economictimes.indiatimes.comVIVA Energy has taken delivery of major elements of its new ultra-low sulphur gasoline (ULSG) plant, as Geelong Refinery undergoes its biggest upgrade in decades. The $350 million investment, which includes a contribution from the federal government, will reportedly allow the refinery to produce the cleanest petrol ever made in Australia. Making these sulphur reductions in petrol
acapmag.com.auAustralian refiner and marketer Viva Energy is considering the possibility of a full shutdown of the 128,000 b/d Geelong refinery because of its challenging long-term outlook following the sharp fall in oil products demand, which continues to weigh on regional refining margins.
www.argusmedia.comRead the latest news and analysis on Viva Energy Refinery from Morningstar Australia. We're all in for investors.
www.morningstar.com.auA contractor crane has collapsed at Australian refiner and fuel marketer Viva Energy's Geelong facility in southern Australia, with the firm expecting the incident to lead to losses in refining earnings.
www.argusmedia.comThe XM Research Desk, manned by market expert professionals, provides live daily updates on all the major events of the global markets in the form of market reviews, forex news, technical analysis, investment topics, daily outlook and daily videos.
www.xm.comViva Energy's Geelong refinery faced challenges with outages and reduced refining margins, impacting the company's financial performance. Nonetheless, CEO Scott Wyatt is optimistic about the refinery's future due to substantial upgrades underway, amounting to $350 million.
servopro.com.auViva Energy's board has given the go-ahead for a $224 MM upgrade of its Australian refinery.
www.hydrocarbonprocessing.comAustralia's Viva Energy said on Monday it approved a two-month maintenance turnaround of key units at its Geelong refinery, due to begin late in the third quarter of this year, estimating the work could cost up to $93 million.
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