Energy & Petrochemicals #australia#oil refinery
Australia considers first new oil refinery in over 60 years to boost energy security
Australia will consider building its first new oil refinery in more than 60 years, Prime Minister Anthony Albanese announced, with A$4 million funding for a feasibility study by Perdaman. The move aims to reduce reliance on fuel imports, which cover 80% of domestic needs, amid Middle East war supply disruptions.
Jul 28, 2026 1 source