AUSTRALIA

More woes for Australian refining

CALTEX has painted a target on its Kurnell refinery in New South Wales, telling investors the refinery could close as its Australian refining business continues to struggle against Asian competitors.

More woes for Australian refining

At Caltex's annual general meeting this morning, chief executive Julian Segal said a review into its operations launched in August last year had identified Kurnell as a problem child, with the NSW operation...

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