The Australian government has pledged A$4m for a feasibility study into a refinery in Western Australia, a project that could become the country's third refinery. Six of eight Australian refineries have closed over the past 20 years; the two remaining facilities operate with government support. If completed, the plant would be the first large refinery since the 1960s, but Australia would likely still need to import crude given largely depleted domestic fields. Prime Minister Anthony Albanese sai

The Australian government has pledged A$4m for a feasibility study into a refinery in Western Australia, a project that could become the country's third refinery. Six of eight Australian refineries have closed over the past 20 years; the two remaining facilities operate with government support. If completed, the plant would be the first large refinery since the 1960s, but Australia would likely still need to import crude given largely depleted domestic fields. Prime Minister Anthony Albanese said the review is intended to boost preparedness amid the ongoing Middle East conflict.