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Russian Government Says Approved Additional Measures to Stabilize Domestic Fuel Market

The Russian government announced on Friday that it had approved additional measures to keep the domestic fuel market stable. ....

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Geelong's Viva Energy records $95 million loss for oil refinery

Geelong s Viva Energy records $95 million loss for oil refinery
WedWednesday 24
updated
WedWednesday 24
FebFebruary 2021 at 5:46am
Viva Energy s latest losses come after a year of significant decline in demand for fuel due to the pandemic.
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Victoria s last oil refinery and one of two remaining in Australia has recorded a multi-million dollar loss for the last financial year.
Key points:
The company has moved to diversify its operations into renewable energy and gas
The future of Viva s oil refining operations remains uncertain, threatening Australia s domestic supply for fuel
Geelong s Viva Energy released its 2020 financial year results on Wednesday, reporting a $95.1 million loss to its oil refining arm and announcing a business recovery plan to boost the company s earnings going forward. ....

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