Queensland Expands Oil and Gas Exploration to Address Local Shortfalls

Australia's Queensland state has announced an expansion of oil and natural gas exploration in a significant basin. Bloomberg posted on X, highlighting the state's efforts to tackle local energy shortages. This move is part of Queensland's broader strategy to enhance its fossil fuel resources and ensure energy security for its residents. The expansion is expected to bolster the state's energy supply and contribute to addressing the current shortfalls in the local market.