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Viva Energy’s Geelong Refinery Faces Power Outage
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Viva Energy’s Geelong Refinery Faces Power Outage

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Viva Energy Group Ltd. ( (AU:VEA) ) has provided an announcement.

Viva Energy Group Ltd. announced a power outage at its Geelong Refinery due to an external power supply interruption during a lightning storm, causing an unscheduled shutdown of all units. Restart activities are underway, with normal production expected to resume within one to two weeks, but the company does not anticipate any market supply disruptions from this incident.

More about Viva Energy Group Ltd.

Viva Energy Group Ltd. is a leading convenience retailer and energy infrastructure business in Australia, with over 120 years of history. The company operates a network of nearly 900 retail stores and supplies fuels and lubricants to almost 1,500 service stations across the country. It also owns the Geelong Refinery and has extensive operations in bulk fuels, aviation, bitumen, marine, chemicals, polymers, and lubricants, supported by numerous terminals and airports.

YTD Price Performance: 1.32%

Average Trading Volume: 180

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €2.53B

Learn more about VEA stock on TipRanks’ Stock Analysis page.

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