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Viva Energy announced a record profit for the first half of 2026, driven by strong refining margins and a reduction in debt. Similarly, EOS also reported a record profit for the same period, attributed to a surge in demand for counter-drone technology.
A significant fire erupted at one of Australia's key oil refineries in Geelong, leading to a complete shutdown of production. The incident, which burned for hours, is expected to impact the nation's petrol supplies and potentially cause price spikes.
Viva Energy anticipates lower short-term output from its Geelong refinery following a fire, leading to a decline in the company's share price.
A fire has caused damage to a section of Viva Energy's Geelong Refinery, located in Australia.
Viva Energy, one of Australia's largest refiners, anticipates its refinery output will recover to 90% capacity within the coming weeks, signaling improved operational stability.
Viva Energy Group has sought a trading halt, as reported on TradingView, indicating a significant corporate announcement or event is pending.