Viva lowers capex for the remainder of 2020

WHILE commercial sale volumes for Viva Energy’s first quarter of the year were relatively unaffected by the COVID-19 pandemic, it forecasts the worst is yet to come, slashing its capital expenditure for the remainder of the year.

Viva lowers capex for the remainder of 2020 Viva lowers capex for the remainder of 2020 Viva lowers capex for the remainder of 2020 Viva lowers capex for the remainder of 2020 Viva lowers capex for the remainder of 2020

Delays market buybacks to shareholders

 

The downstream company said it will reduce expenditure from A$140-160 million to $60-80 million, to preserve cash and minimise the risk associated with beginning projects in the current

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