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Taroom: Australia’s new oil play

Summary by Oil & Gas 360
(By Oil & Gas 360) – Queensland’s Taroom Trough is quickly emerging as one of the most closely watched new oil developments in the developed world, not just for its resource potential, but for how aggressively it is being positioned for development. After decades without a major new onshore oil province, Australia may be on the verge of bringing a new basin into production. This time, the focus is not just on discovery, but on speed, coordination
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Oil & Gas 360 broke the news in Denver, United States on Friday, April 17, 2026.
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