Details of Australia's biggest float since Medibank Private in 2014 are expected to be outlined this week, with Viva Energy set to make its prospectus public.
Viva - which was formed following the sale of Shell's service stations and Geelong refinery in 2014 for around $2.9 billion to global energy giant Vitol- is expected to be worth $4 billion to $5 billion when it lists on the ASX.
The company has more than 900 Shell branded service stations and employs more than 1,300 people, while its refinery in Geelong, Victoria is one of only four refineries in Australia.
The refinery supplies more than 10 per cent of Australia's fuel and more than 50 per cent of all the fuel used in Victoria.
According to Vitol's website, the Geelong refinery is the only Australian facility manufacturing bitumen and the "avgas" aviation fuel used by piston-engined planes.
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