Mobil disputes refinery simplification plan

Wed, 23 Sep 2020

Refining NZ’s biggest shareholder is disputing the company’s plans to simplify its operations at Marsden Point.Mobil Oil New Zealand, the country’s third-largest fuel retailer and a 17.2 percent shareholder in the refining company, has issued a dispute notice under the processing agreement the major fuel companies have with the refinery."Refining NZ is confident that its simplification plan complies with the terms of the processing agreement and intends to continue to act within the terms of this agreement while working t...

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