OIL & GAS

ExxonMobil shuts Gippsland oil production after 55 years, faces decommissioning challenge

Esso Australia ends Bass Strait operations as focus shifts to gas and contentious dismantling plans

Credits: ENB

ExxonMobil's Australian subsidiary, Esso, has ceased oil production from the Gippsland Basin, drawing the curtain on more than five decades of operations off Victoria's east coast. Since production commenced...

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