Picture of Viva Energy logo

VEA Viva Energy News Story

0.000.00%
au flag iconLast trade - 00:00
EnergyBalancedMid CapSuper Stock

Australia's Viva Energy slips on delay in Geelong Refinery unit restart

** Shares of Australia's Viva Energy VEA.AX fall as much as 2.4% to A$2.44, biggest intraday pct drop since April 27

** Fuel retailer says it expects repairs necessary to restart a damaged unit at Geelong Refinery will take around six weeks

** Co expects restart in June, after a fire at the largest of Australia's two refineries on April 15 hit petrol production

** Production expected to increase over 90% of capacity following restart of RCCU, co adds

** Day's move trims stock YTD gains to 19%

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))

Recent news on Viva Energy

See all news