In the space of four months, Australia has lost half of its remaining oil refineries. In October, BP announced it was closing its Kwinana oil refinery in Perth and converting it into a fuel import terminal, the ABC’s Gareth Hutchens reports.
The oil major said the refinery — Australia’s largest — was no longer economically viable.
Now, a few months later, ExxonMobil has announced the closure of its Altona oil refinery in Melbourne, saying it was no longer economically viable.
