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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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Lara Station Upgrades To Get Underway


VIC Premier
Minister for Public TransportBen Carrollsaid the first stage of the program of works were part of the government’s $328.4 million investment in critical public transport and roads maintenance and upgrades.
Lara is one of 16 key stations, along with North Geelong and North Shore stations, to receive a share in a $24 million package to support jobs and deliver improved facilities for passengers along the Geelong corridor.
The works at Lara Station will be rolled out in stages and the initial works will involve a refurbishment of the station waiting room.
A team of six contractors will be working on site to deliver a fresh coat of paint for the waiting room and new carpet, to help make the precinct more inviting and comfortable for passengers. ....

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The situation every defender is dreading in 2021


The situation every defender is dreading in 2021
Geelong defender Lachie Henderson says some passages of play will be ‘undefendable’ under new man on the mark rules
AFL
by JON RALPH
Premium Content
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Geelong defender Lachie Henderson says the league s new man-on-the-mark rule will make some passages of play undefendable and believes scoring will only increase as a result.
The new rules allow the defender closest to the player who has marked a short period to decide whether to immediately retreat before being told to stand by the umpire.
Henderson says if a supporting player charges into space inside 50m with no other defender in sight, the defender will just have to stand and watch while it is kicked to them. ....

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