OIL & GAS

Exploration spending dips amid shifts in Australia's energy sector

Decline in petroleum exploration highlights sector challenges as uranium gains momentum

The world's largest offshore floating facility located offshore Australia. | Credits: Shutterstock/Serge Prakhov.

Australia's oil and gas industry has seen a downturn in exploration investment, according to the latest Resources and Energy Quarterly report The latest data released by the government revealed a 10%...

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