Australia's 344-Million-Barrel Oilfield Could Finally Get the Green L… | HappeningNow.news
Published Date: June 05, 2026

Energy

Australia's 344-Million-Barrel Oilfield Could Finally Get the Green Light

After years of delays, Australia's largest undeveloped oil project could progress to a final investment decision in 2027 as the energy cr…

Source OilPrice Updated 2h 14m ago AI Summary

AI Summary

After years of delays, Australia's largest undeveloped oil project could progress to a final investment decision in 2027 as the energy crisis amid the Iran war has heightened the need of homegrown resources. Carnarvon Energy Ltd, a junior explorer that holds 10% in the Dorado oil discovery offshore Western Australia, believes that a final investment decisio…

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