(Angela Smith’s post from the AFR Australia on 08 April 2026.)
Oil
explorers say Queensland’s Taroom could fill nation’s refineries: Queensland’s
Taroom Trough could fill the country’s refineries and leave enough oil
available for export, according to the chief executive of the largest holder of
acreage in what has become a major energy exploration play.
Stuart
Nicholls, who leads Elixir Energy, said all the signs pointed to the trough –
an area the size of Singapore west of Brisbane – being able to produce enough
oil to eliminate the need for refineries to import crude.
The
Queensland government is urging the federal government to accelerate the
processing of environmental approvals needed to extract oil in the trough to
avoid years of delays in production and avert a repeat of the fuel crisis that
has developed since the outbreak of war in the Middle East.
“This is an opportunity to deliver liquid gold, and we have no intention of wasting it,” Premier David Crisafulli said after travelling to Shell’s acreage in the trough. “What a golden opportunity in this country to get back to a time when we are prepared to drill, and refine and store our own fuel.”








