News: ALD UPDATE 1-Australia's Ampol sued by Chevron over alleged 'Caltex' branding breaches

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    (Adds background, details on breaches, transition plans)

    Sept 1 (Reuters) - Australian fuel supplier Ampol Ltd (ALD) on Tuesday said Chevron Corp CVX.N had launched court proceedings against it, alleging breaches of a trademark licence deal under which Ampol previously used the U.S. company's "Caltex" brand.

    Chevron is alleging these breaches occurred due to Ampol's usage of "non-compliant" signage at 177 of its about 800 controlled retail sites, and is seeking an order for removal of the signage and damages, Ampol said in a statement.

    These breaches were also seen at an unspecified number of third-party sites operating under a sub-licence from Ampol, it said.

    Ampol began the process of transitioning from "Caltex" to its old "Ampol" branding in December, after it received a termination notice from Chevron.

    It said it had time until Dec. 31, 2022 under the licensing deal to complete the transition of its entire retail network to the new company-owned brand.

    Ampol is confident of its position and will defend against the proceedings, the company said, adding that transition plans were on track.

    Representatives of Chevron did not immediately respond to a Reuters request for comment outside of U.S. business hours.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$30.05
Change
-0.420(1.38%)
Mkt cap ! $7.160B
Open High Low Value Volume
$30.45 $30.51 $29.89 $15.01M 498.9K

Buyers (Bids)

No. Vol. Price($)
1 3427 $29.90
 

Sellers (Offers)

Price($) Vol. No.
$30.19 815 1
View Market Depth
Last trade - 16.10pm 09/09/2025 (20 minute delay) ?
ALD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.