Australia eyes first new oil refinery in 60 years with $4M feasibility study in Western Australia

The Australian Commonwealth and Western Australian governments will jointly fund a $4 million early-stage feasibility study into building a large-scale oil refinery in Western Australia. It would be the country's third large-scale petrol refinery and its first new one in 60 years. The Albanese government is framing the project as a long-term buffer against global oil supply shocks.