This article contains promotional content. (September 2020) |
Z | |
Company type | Subsidiary |
Industry | Oil and gas |
Predecessors | Shell New Zealand (1911–2010) Greenstone Energy Limited (2010–2011) |
Founded | 1911 |
Headquarters | 3 Queens Wharf, Wellington, 6011 , |
Number of locations | 247[2] (2024) |
Area served | New Zealand and Australia |
Key people |
|
Products | Diesel, petrol and oil |
Services | Fuel stations |
Revenue | $7.61 billion[4] (2023) |
$16 million[4] (2023) | |
Total assets | $1.39 billion[4] (2023) |
Owner | Ampol |
Number of employees | 2,235[4] |
Z Energy is a New Zealand fuel distributor with branded service stations. It owns some of the former assets of Shell New Zealand and Chevron New Zealand. It has been a subsidiary of Australian petroleum company Ampol since May 2022.
Shell left the New Zealand fuel distribution business in April 2010, selling its operations to Infratil and the New Zealand Superannuation Fund,[5] with the operations being rebranded as Z Energy in 2011. Z Energy acquired Chevron's New Zealand subsidiary Caltex in June 2016.
Z Energy operates service stations under the Z Energy and Caltex New Zealand brands. There are 289 Z Energy branded sites around New Zealand, including 60 in Auckland as of April 2023.[6] There are also 203 Caltex branded sites, including 39 in Auckland as of April 2023.[7]