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flag Queensland approves oil exploration in Taroom Trough, with drilling starting in 2026.

flag The Queensland government has granted a 750-square-kilometre exploration permit in the Taroom Trough to a consortium led by Omega Oil and Gas, including Beach Energy and Shell, marking a major step toward potentially unlocking Australia’s first new major oil province in over 50 years. flag Drilling is set to begin in 2026, with officials highlighting the project’s potential to boost domestic energy supplies, strengthen energy security, and support economic growth. flag While early well results show promise, including light crude and gas, environmental groups warn of risks to groundwater, farmland, and emissions targets. flag The project is part of broader efforts to expand onshore gas development amid rising demand and calls for streamlined regulations.

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