United Petroleum: Difference between revisions
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{{Infobox company |
{{Infobox company |
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|name |
| name = United Petroleum |
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|logo |
| logo = |
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| image = United Petroleum, Kewdale.jpg |
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|type = |
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| image_caption = United Petroleum station in [[Kewdale, Western Australia]] |
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| type = [[Privately held company|Private]] |
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| founded = 1993 |
| founded = 1993 |
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|founder |
| founder = Avi Silver<br />Eddie Hirsch |
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|location_city |
| location_city = [[Hawthorn, Victoria]] |
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|location_country = Australia |
| location_country = Australia |
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|locations |
| locations = 450+ sites |
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| num_locations_year = 2020 |
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|area_served |
| area_served = |
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|key_people |
| key_people = |
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|industry |
| industry = Fuel retail and distribution |
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|products |
| products = |
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|services |
| services = |
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|revenue |
| revenue = |
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|operating_income = |
| operating_income = |
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|net_income |
| net_income = |
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|num_employees |
| num_employees = 2500 |
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|divisions |
| divisions = |
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|subsid = |
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| subsid = [[Pie Face]] |
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|owner |
| owner = |
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|website |
| website = {{URL|https://unitedpetroleum.com.au/}} |
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}} |
}} |
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'''United Petroleum''' is an Australian petrol retailer and importer. It was established in 1993 and, {{As of|2020|October|lc=y}}, has over 450 petrol stations in Australia.<ref>{{Cite news |last=Rice |first=Stephen |date=31 October 2020 |title=Petrol giant accused of misleading motorists on fuel |work=The Australian |url=https://www.theaustralian.com.au/nation/petrol-giant-accused-of-misleading-motorists-on-fuel/news-story/b9a4444ac56aab5e52c25e0742fc6f99 |url-access=subscription |access-date=5 October 2023}}</ref> The company also owns [[Pie Face]], a pie outlet it acquired in 2017 and subsequently rolled out to many of its service stations. |
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==History== |
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Its origins can be traced back to 1981, when United's directors commenced operating service stations under the Astron banner in [[Victoria (Australia)|Victoria]]. Astron was closely associated with [[Esso]]. By 1990, the company had opened 23 new sites throughout Victoria.<ref name=United>[http://www.unitedpetroleum.com.au/united/about-us About Us] United Petroleum</ref> |
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United Petroleum's origins can be traced back to 1981, when United's owners Avi Silver and Eddie Hirsch commenced operating service stations under the Astron banner in [[Victoria (Australia)|Victoria]].<ref name=":0">{{Cite news |last=Greenblat |first=Eli |date=2021-12-26 |title=Saudi Arabia's Aramco Trading Co signs MOU with Australia's United Petroleum to collaborate on fuel and logistics |work=The Australian |url=https://www.theaustralian.com.au/business/companies/saudi-arabias-aramco-trading-co-signs-mou-with-australias-united-petroleum-to-collaborate-on-fuel-and-logistics/news-story/d4c7e4df9715e133cfe7880f51c3052a |url-access=subscription |access-date=2023-10-05}}</ref> Astron was closely associated with [[Esso]]. By 1990, the company had opened 23 new sites throughout Victoria.<ref name="United">{{Cite web |title=About Us |url=https://www.unitedpetroleum.com.au/about-us/ |access-date=2023-10-05 |website=United Petroleum |language=en}}</ref> |
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United Petroleum was established in 1993, with the opening of a chain of service stations/convenience stores in [[South Australia]]. It expanded operations |
United Petroleum was established in 1993, with the opening of a chain of service stations/convenience stores in [[South Australia]].<ref name=":0" /> It expanded operations in Victoria, and over the next two years built networks in the [[Australian Capital Territory]], [[New South Wales]] and [[Queensland]]. It later expanded into the [[Northern Territory]], [[Tasmania]] and [[Western Australia]].<ref name=United/> |
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In the mid 2000s, it acquired fuel import terminals in New South Wales, Northern Territory, Tasmania and Victoria.<ref name=United/> |
In the mid 2000s, it acquired fuel import terminals in New South Wales, Northern Territory, Tasmania and Victoria.<ref name=United/> In 2011, United purchased an [[Ethanol fuel|ethanol]] biorefinery in [[Dalby, Queensland]].<ref>{{Cite web |last=Nason |first=James |date=2011-05-24 |title=New owner for sorghum to ethanol plant |url=https://www.beefcentral.com/news/new-owner-for-sorghum-to-ethanol-plant/ |access-date=2023-10-05 |website=Beef Central |language=en-US}}</ref> |
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In September 2015, [[ABC News (Australia)|ABC News]] was told by United Petroleum franchisees that staff at some locations were being underpaid. United rejected the allegations, saying "If any Franchisee is not paying award wages then the Franchisee would be clearly in breach of their Franchise Agreement with United".<ref>{{Cite news |last=Taylor |first=Josie |date=2015-09-02 |title=Wage abuse claims spread to petrol chain United Petroleum |language=en-AU |work=ABC News |url=https://www.abc.net.au/news/2015-09-03/united-petroleum-franchisees-complain-of-wage-abuse/6745240 |access-date=2023-10-05}}</ref> The [[Fair Work Ombudsman]] launched an investigation resulting in raids on 12 locations in 2017. The FWO found payroll compliance issues at five of the locations and a total of 46 employees were underpaid. Two locations entered enforceable undertakings with the regulator, two locations were issued compliance notices and three were issued letters of caution.<ref>{{Cite web |last1=Ferguson |first1=Adele |last2=Danckert |first2=Sarah |date=2017-04-05 |title=United Petroleum blasted by Fair Work Ombudsman for underpaying staff |url=https://www.smh.com.au/business/companies/united-petroleum-busted-by-fair-work-ombudsman-for-underpaying-staff-20170405-gveaps.html |access-date=2023-10-05 |website=The Sydney Morning Herald |language=en}}</ref> |
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⚫ | In September 2016, United Petroleum filed documents with the [[Australian Securities & Investments Commission]] to list the company on the [[Australian Securities Exchange]].<ref>[http://www.petrolworld.com/asia/item/25914-australia-united-petroleum-sets-ipo-deadline United Petroleum sets IPO deadline] Petrol World 22 September 2016</ref> However the listing did not proceed, with United becoming involved in a legal dispute with advisors [[Herbert Smith Freehills]].<ref> |
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⚫ | In September 2016, United Petroleum filed documents with the [[Australian Securities & Investments Commission]] to list the company on the [[Australian Securities Exchange]].<ref>[http://www.petrolworld.com/asia/item/25914-australia-united-petroleum-sets-ipo-deadline United Petroleum sets IPO deadline] Petrol World 22 September 2016</ref> However the listing did not proceed, with United becoming involved in a legal dispute with advisors [[Herbert Smith Freehills]].<ref>{{Cite web |last=Han |first=Misa |date=2018-04-03 |title=Herbert Smith Freehills blamed for failed United Petroleum IPO |url=https://www.afr.com/companies/professional-services/herbert-smith-freehills-blamed-for-failed-united-petroleum-ipo-20180327-h0y1oh |url-access=subscription |access-date=2023-10-05 |website=Australian Financial Review |language=en}}</ref> The case was dismissed in June 2018 with United ordered to pay HSF unpaid legal fees plus interest.<ref>{{Cite web |last=Han |first=Misa |date=2018-06-25 |title=Herbert Smith Freehills wins court battle against United Petroleum |url=https://www.afr.com/companies/professional-services/herbert-smith-freehills-wins-court-battle-against-united-petroleum-20180625-h11ts5 |url-access=subscription |access-date=2023-10-05 |website=Australian Financial Review |language=en}}</ref> |
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⚫ | In April 2017, United Petroleum acquired [[Pie Face]] from [[receivership]] for an undisclosed sum.<ref>{{cite web|url=http://www.news.com.au/finance/business/retail/united-petroleum-acquires-pie-face/news-story/39cf022263995b688f31fce1f4b42197|title=United Petroleum acquires Pie Face|date=13 April 2017|accessdate=13 April 2017|work=news.com.au|publisher=News Corp Australia|first=Frank|last=Chung}}</ref> |
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⚫ | In April 2017, United Petroleum acquired [[Pie Face]] from [[receivership]] for an undisclosed sum.<ref>{{cite web|url=http://www.news.com.au/finance/business/retail/united-petroleum-acquires-pie-face/news-story/39cf022263995b688f31fce1f4b42197|title=United Petroleum acquires Pie Face|date=13 April 2017|accessdate=13 April 2017|work=news.com.au|publisher=News Corp Australia|first=Frank|last=Chung}}</ref> It subsequently sold Pie Face products at many of its United locations.<ref>{{Cite news |last=Rice |first=Stephen |date=4 November 2020 |title=Pastry chain Pie Face caught out on 'halal' porky pies |work=The Australian |url=https://www.theaustralian.com.au/nation/pastry-chain-caught-out-on-halal-porky-pies/news-story/fc6768b90342fcf622ce32cedddcf721 |url-access=subscription |access-date=4 October 2023}}</ref> |
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In 2021 a number of former franchisees sued the company for allegedly unfair termination.<ref>{{cite web|url=https://www.abc.net.au/news/2021-06-20/united-petrol-pie-face-franchise-underpayment-battle/100195932|title=Under the pump|date=20 June 2021|accessdate=20 June 2021|work=ABC News|first=Ben|last=Knight}}</ref> |
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In December 2022, United was fined $75,000 for dumping soil from a demolished petrol station site near the [[Noosa River]] in 2013.<ref>{{Cite news |last=Cavander |first=Letea |date=22 December 2022 |title=United Petroleum fined $75k after seven-year case over Noosa soil dump |work=Sunshine Coast Daily |url=https://www.couriermail.com.au/news/queensland/sunshine-coast/police-courts/united-petroleum-fined-75k-after-sevenyear-case-over-noosa-soil-dump/news-story/4e5f0744a3d27453496833e5fd089699 |url-access=subscription |access-date=4 October 2023}}</ref> |
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On 27 February 2024, United Petroleum announced the successful acquisition of a license to enter [[Sri Lanka]]'s retail petroleum products market.<ref>{{cite web|url=https://www.dailymirror.lk/print/business-news/Australias-United-Petroleum-finalises-entry-into-Sri-Lanka/273-277790 |title=Australia's United Petroleum finalises entry into Sri Lanka |publisher=Daily Mirror |last= |first= |date=27 February 2024 |accessdate=23 August 2024 |archive-date=23 August 2024 |archive-url=https://web.archive.org/web/20240823153723/https://www.dailymirror.lk/print/business-news/Australias-United-Petroleum-finalises-entry-into-Sri-Lanka/273-277790 |url-status=live}}</ref> To establish operations in the country, the Australian company incorporated United Petroleum Lanka Private Limited and signed an agreement with the [[Board of Investment of Sri Lanka|Board of Investment]] (BoI) for a US$27.5 million investment in the importation, storage, and sale of petroleum products on 4 June 2024.<ref>{{cite web|url=https://www.ft.lk/business/United-Petroleum-inks-BOI-deal-to-start-operations-with---27-5-m-investment/34-762684 |title=United Petroleum inks BOI deal to start operations with $ 27.5 m investment |publisher=Daily FT |last= |first= |date=6 June 2024 |accessdate=23 August 2024 |archive-date=23 August 2024 |archive-url=https://web.archive.org/web/20240823154217/https://www.ft.lk/business/United-Petroleum-inks-BOI-deal-to-start-operations-with---27-5-m-investment/34-762684 |url-status=live}}</ref> United Petroleum Lanka is anticipated to commence its operations on 28 August 2024.<ref>{{cite web|url=https://www.dailymirror.lk/breaking-news/Australias-United-Petroleum-in-operation-from-August-28/108-290100 |title=Australia's United Petroleum in operation from August 28 |publisher=Daily Mirror |last=Samarawickrama |first=Chaturanga Pradeep |date=22 August 2024 |accessdate=23 August 2024 |archive-date=23 August 2024 |archive-url=https://web.archive.org/web/20240823153955/https://www.dailymirror.lk/breaking-news/Australias-United-Petroleum-in-operation-from-August-28/108-290100 |url-status=live}}</ref> |
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United Petroleum is reportedly planning to establish a food manufacturing venture in Sri Lanka under its [[Pie Face]] brand. The company intends to invest approximately US$20-30 million in this project, which will be managed by its wholly-owned local subsidiary, United Petroleum Lanka Private Limited.<ref>{{cite web|url=https://www.dailymirror.lk/breaking-news/Australias-United-Petroleum-eyes-US-30mn-food-venture-in-SL/108-290280 |title=Australia's United Petroleum eyes US$ 30mn food venture in SL |publisher=Daily Mirror |last= |first= |date=26 August 2024 |accessdate=26 August 2024 |archive-date=26 August 2024 |archive-url=https://web.archive.org/web/20240826025529/https://www.dailymirror.lk/breaking-news/Australias-United-Petroleum-eyes-US-30mn-food-venture-in-SL/108-290280 |url-status=live}}</ref> |
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==Sponsorships== |
==Sponsorships== |
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Between 2014 and 2016, United Petroleum was the official supplier of [[E85]] fuel for the [[Supercars Championship]],<ref>[http://www.supercars.com/news/championship/united-petroleum-fuels-v8-supercars-from-2014/ United Petroleum Fuels V8 Supercars from 2014] Supercars</ref> after which [[Shell Australia|Shell]] took over the supply deal.<ref>{{cite news|url=http://www.supercars.com/news/championship/supercars-partners-with-shell-fuels/|title=Supercars partners with Shell Fuels|work=Supercars|date=3 March 2017}}</ref> |
Between 2014 and 2016, United Petroleum was the official supplier of [[E85]] fuel for the [[Supercars Championship]],<ref>[http://www.supercars.com/news/championship/united-petroleum-fuels-v8-supercars-from-2014/ United Petroleum Fuels V8 Supercars from 2014] Supercars</ref> after which [[Shell Australia|Shell]] took over the supply deal.<ref>{{cite news|url=http://www.supercars.com/news/championship/supercars-partners-with-shell-fuels/|title=Supercars partners with Shell Fuels|work=Supercars|date=3 March 2017}}</ref> |
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==See also== |
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{{Portal|Australia|Companies|Energy}} |
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*[[List of automotive fuel retailers]] |
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*[[List of convenience stores]] |
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==References== |
==References== |
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*{{Official website|https://www.unitedpetroleum.com.au/}} |
*{{Official website|https://www.unitedpetroleum.com.au/}} |
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*{{Facebook|unitedpetroleum}} |
*{{Facebook|unitedpetroleum}} |
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*{{Commons category-inline}} |
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[[Category:Australian companies established in 1993]] |
[[Category:Australian companies established in 1993]] |
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[[Category:Companies based in Melbourne]] |
[[Category:Companies based in Melbourne]] |
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[[Category:1993 establishments in Australia]] |
[[Category:1993 establishments in Australia]] |
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[[Category:Privately held companies of Australia]] |
Latest revision as of 10:37, 8 September 2024
Company type | Private |
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Industry | Fuel retail and distribution |
Founded | 1993 |
Founder | Avi Silver Eddie Hirsch |
Headquarters | , Australia |
Number of locations | 450+ sites (2020) |
Number of employees | 2500 |
Subsidiaries | Pie Face |
Website | unitedpetroleum |
United Petroleum is an Australian petrol retailer and importer. It was established in 1993 and, as of October 2020[update], has over 450 petrol stations in Australia.[1] The company also owns Pie Face, a pie outlet it acquired in 2017 and subsequently rolled out to many of its service stations.
History
[edit]United Petroleum's origins can be traced back to 1981, when United's owners Avi Silver and Eddie Hirsch commenced operating service stations under the Astron banner in Victoria.[2] Astron was closely associated with Esso. By 1990, the company had opened 23 new sites throughout Victoria.[3]
United Petroleum was established in 1993, with the opening of a chain of service stations/convenience stores in South Australia.[2] It expanded operations in Victoria, and over the next two years built networks in the Australian Capital Territory, New South Wales and Queensland. It later expanded into the Northern Territory, Tasmania and Western Australia.[3]
In the mid 2000s, it acquired fuel import terminals in New South Wales, Northern Territory, Tasmania and Victoria.[3] In 2011, United purchased an ethanol biorefinery in Dalby, Queensland.[4]
In September 2015, ABC News was told by United Petroleum franchisees that staff at some locations were being underpaid. United rejected the allegations, saying "If any Franchisee is not paying award wages then the Franchisee would be clearly in breach of their Franchise Agreement with United".[5] The Fair Work Ombudsman launched an investigation resulting in raids on 12 locations in 2017. The FWO found payroll compliance issues at five of the locations and a total of 46 employees were underpaid. Two locations entered enforceable undertakings with the regulator, two locations were issued compliance notices and three were issued letters of caution.[6]
In September 2016, United Petroleum filed documents with the Australian Securities & Investments Commission to list the company on the Australian Securities Exchange.[7] However the listing did not proceed, with United becoming involved in a legal dispute with advisors Herbert Smith Freehills.[8] The case was dismissed in June 2018 with United ordered to pay HSF unpaid legal fees plus interest.[9]
In April 2017, United Petroleum acquired Pie Face from receivership for an undisclosed sum.[10] It subsequently sold Pie Face products at many of its United locations.[11]
In 2021 a number of former franchisees sued the company for allegedly unfair termination.[12]
In December 2022, United was fined $75,000 for dumping soil from a demolished petrol station site near the Noosa River in 2013.[13]
On 27 February 2024, United Petroleum announced the successful acquisition of a license to enter Sri Lanka's retail petroleum products market.[14] To establish operations in the country, the Australian company incorporated United Petroleum Lanka Private Limited and signed an agreement with the Board of Investment (BoI) for a US$27.5 million investment in the importation, storage, and sale of petroleum products on 4 June 2024.[15] United Petroleum Lanka is anticipated to commence its operations on 28 August 2024.[16]
United Petroleum is reportedly planning to establish a food manufacturing venture in Sri Lanka under its Pie Face brand. The company intends to invest approximately US$20-30 million in this project, which will be managed by its wholly-owned local subsidiary, United Petroleum Lanka Private Limited.[17]
Sponsorships
[edit]Between 2014 and 2016, United Petroleum was the official supplier of E85 fuel for the Supercars Championship,[18] after which Shell took over the supply deal.[19]
See also
[edit]References
[edit]- ^ Rice, Stephen (31 October 2020). "Petrol giant accused of misleading motorists on fuel". The Australian. Retrieved 5 October 2023.
- ^ a b Greenblat, Eli (26 December 2021). "Saudi Arabia's Aramco Trading Co signs MOU with Australia's United Petroleum to collaborate on fuel and logistics". The Australian. Retrieved 5 October 2023.
- ^ a b c "About Us". United Petroleum. Retrieved 5 October 2023.
- ^ Nason, James (24 May 2011). "New owner for sorghum to ethanol plant". Beef Central. Retrieved 5 October 2023.
- ^ Taylor, Josie (2 September 2015). "Wage abuse claims spread to petrol chain United Petroleum". ABC News. Retrieved 5 October 2023.
- ^ Ferguson, Adele; Danckert, Sarah (5 April 2017). "United Petroleum blasted by Fair Work Ombudsman for underpaying staff". The Sydney Morning Herald. Retrieved 5 October 2023.
- ^ United Petroleum sets IPO deadline Petrol World 22 September 2016
- ^ Han, Misa (3 April 2018). "Herbert Smith Freehills blamed for failed United Petroleum IPO". Australian Financial Review. Retrieved 5 October 2023.
- ^ Han, Misa (25 June 2018). "Herbert Smith Freehills wins court battle against United Petroleum". Australian Financial Review. Retrieved 5 October 2023.
- ^ Chung, Frank (13 April 2017). "United Petroleum acquires Pie Face". news.com.au. News Corp Australia. Retrieved 13 April 2017.
- ^ Rice, Stephen (4 November 2020). "Pastry chain Pie Face caught out on 'halal' porky pies". The Australian. Retrieved 4 October 2023.
- ^ Knight, Ben (20 June 2021). "Under the pump". ABC News. Retrieved 20 June 2021.
- ^ Cavander, Letea (22 December 2022). "United Petroleum fined $75k after seven-year case over Noosa soil dump". Sunshine Coast Daily. Retrieved 4 October 2023.
- ^ "Australia's United Petroleum finalises entry into Sri Lanka". Daily Mirror. 27 February 2024. Archived from the original on 23 August 2024. Retrieved 23 August 2024.
- ^ "United Petroleum inks BOI deal to start operations with $ 27.5 m investment". Daily FT. 6 June 2024. Archived from the original on 23 August 2024. Retrieved 23 August 2024.
- ^ Samarawickrama, Chaturanga Pradeep (22 August 2024). "Australia's United Petroleum in operation from August 28". Daily Mirror. Archived from the original on 23 August 2024. Retrieved 23 August 2024.
- ^ "Australia's United Petroleum eyes US$ 30mn food venture in SL". Daily Mirror. 26 August 2024. Archived from the original on 26 August 2024. Retrieved 26 August 2024.
- ^ United Petroleum Fuels V8 Supercars from 2014 Supercars
- ^ "Supercars partners with Shell Fuels". Supercars. 3 March 2017.
External links
[edit]- Official website
- United Petroleum on Facebook
- Media related to United Petroleum at Wikimedia Commons