Gull proposes major industry shake-up as condition of regulatory approval for Chevron buy.
Tim Hunter Fri, 06 Nov 2015
Fuel retailer Z Energy’s [NZX: ZEL] pitch to buy Chevron is a chance for the Commerce Commission to stoke competition by opening access to storage terminals owned by “The Club” of oil majors, says rival Gull Petroleum.
“We’re approaching an opportunity that’s there for NZ Inc. It’s probably the
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