Z said it was confident in its previous guidance of between $25-30 million in savings once the companies are integrated.
The Caltex New Zealand Ltd Staff Pension Plan financial statements, filed separately this month, show Chevron made a special contribution of $14.3 million.
Z Energy's chief executive Mike Bennetts is cagey on whether his company is prepared to continue to lose market share to maintain profit margins. With special feature audio.
Z Energy chief executive Mike Bennetts outlines the four-stage process his company will take to integrate its $785 million Chevron purchase.