State government
Appears in 1 story · Last updated Nov 9, 2026
Granted the project's production licence
GB Energy placed its Golden Beach gas project into voluntary administration on 6 November 2026, two weeks after Victoria awarded it a production licence. Estimated development costs had climbed past A$1 billion, roughly four times early projections, and the company could not raise the capital needed to reach a final investment decision.
Updated 2 hours ago
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