Episode Details

Australia is eyeing its first new oil refinery in over 20 years, with federal and Western Australian governments launching a $4 million study to assess feasibility. Backed by fertilizer giant Perdaman, the project aims to boost energy security as global supply chains grow fragile and domestic reserves dwindle—down to just 42 days of petrol and 38 of diesel. With only two refineries left nationwide, this move could reshape Australia’s fuel independence, especially for remote regions, and may even pave the way for emergency fuel distribution powers.

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