Private Developer Puts up Hand to Build Refinery Amid Fuel Supply Chain Crisis

A fuel pump shows the prices of fuel at a Ampol gas station in Sydney, Australia, on March 10, 2026. George Chan/Getty ImagesThe Queensland government reveals private interest in building and developing a new diesel refinery in the regional city of Gladstone.The news comes as Australians consider the vulnerability of their fuel supply chain following a spike in petrol and diesel prices due to disruptions in the Middle East.