MELBOURNE, Australia — Over 300 jobs in Victoria will be lost as ExxonMobil closes one of the last of its remaining oil refineries in Australia after it was deemed it no longer economically viable. The Altona refinery in the southwest of Melbourne has been in operation since 1949 and supplies around half of Victoria’s refined fuel. However, after extensive review of operations, the U.S. company has decided to pull the plug. This announcement comes several months after BP shut down its last remaining oil refinery in Australia in October last year and converted the site to an import terminal. Altona will also be converted to an import terminal that manages the import of liquified natural gas. It will remain in operation while transition work is done, however, no closure date has been given. “We are grateful for the tremendous efforts by our employees to improve the viability of the operation,” …
MELBOURNE, Australia — Over 300 jobs in Victoria will be lost as ExxonMobil closes one of the last of its remaining oil refineries in Australia after it was deemed it no longer economically viable. The Altona refinery in the southwest of Melbourne has been in operation since 1949 and supplies around half of Victoria’s refined
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