Petroleum (Crude Oil)
After a shaky start to 2025, the Australian exploration sector appears to be tentatively turning a corner.
A new national report released today is urging the Australian government to end the policy gridlock paralysing land use and productivity across the country, warning that ongoing conflict between mining, agriculture, and the rapidly growing renewables sector is stalling billions in investment and threatening Australia’s economic backbone.
Western Australia’s listed companies have defied commodity headwinds to post a three point seven percent rise in collective market capitalisation, closing the 2025 financial year at A$362+ billion, according to the Deloitte WA Index Diggers & Dealers Special Edition.
Australia’s offshore oil sector is stirring to life with a new wave of development momentum and exploration ambition, centred on two high-grade liquids discoveries that could materially shift the national fuel balance — and open the door for substantial equipment and service demand across the METS value chain.
If you thought commodities were dull, the RIU Sydney Resources Round-up 2025 would’ve shaken that notion like a jackhammer in Kalgoorlie.
