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Profit doubles for Z Energy’s new owner Ampol

War in Ukraine drives refining margins sky high.

Ampol completed its acquisition of Z Energy in May.

NBR Staff Mon, 22 Aug 2022

Z Energy’s new owner Ampol has reported a more than doubling of net profit for the six months to June as war in Ukraine drove a huge increase in margins for its refinery at Lytton in Queensland.

The result includes two months of income from Z Energy, acquired on May 10 for A$1.785 billion.

Net

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NBR Staff Mon, 22 Aug 2022
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Profit doubles for Z Energy’s new owner Ampol
Investment,
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