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 would be the country’s third large-scale petrol refinery. Continue reading...