Australia Considers First New Oil Refinery in 60 Years Amid Inflation Fears

Potential for first Australian oil refinery in 60 years as treasurer braces for inflation from Middle East war

Commonwealth and Western Australia to fund study into construction of large-scale petrol refinery as buffer against fuel vulnerability Get our breaking news email, free app or daily news podcast Australia’s first new oil refinery in 60 years could be built in Western Australia under the Albanese government’s long-term strategy to shield the country from future global oil shocks. The commonwealth and the WA government will fund a $4m early-stage feasibility study into construction of what wo...

By Patrick Commins and Dan Jervis-Bardy