# Australia Eyes New Oil Refinery | Melbourne News

Page: https://stenobird.com/podcast/melbourne-news-today-2-min-news-the-daily-news-now-7572838/australia-eyes-new-oil-refinery-melbourne-news
Text version: https://stenobird.com/podcast/melbourne-news-today-2-min-news-the-daily-news-now-7572838/australia-eyes-new-oil-refinery-melbourne-news.md
Podcast: [Melbourne News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/melbourne-news-today-2-min-news-the-daily-news-now-7572838)
Published: 2026-07-27T12:34:49+00:00
Episode link: https://sources.thednn.ai/abc144633c1a941d
Audio file: https://api.fastcast.ai/audio/5d2eb95e-600e-48f2-b2ea-a5c2f2649f69.mp3
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Duration seconds: 97

## Resource

Australia is set to build its first new oil refinery in 60 years, potentially in Western Australia, as part of a bold plan to shield the nation from global oil supply shocks. With gas prices already rising and Middle East tensions threatening inflation, the federal and WA governments are investing $4 million in a feasibility study. Backed by Perdaman — the same company behind a major Pilbara fertilizer project — the refinery could get government support like special loans, despite environmental pushback. This move follows BP’s closure of Fremantle’s refinery in 2021, leaving Australia with just two refineries. The prime minister and WA premier will announce the funding, aiming to secure energy independence — even as critics warn it’s a step backward in the climate fight. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/abc144633c1a941d

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