Industry News

Latest from Australia's industrial and energy sectors

Oilprice.com • 03 Oct 2026
The Iran War Is Showing What ADNOC’s AI Can Really Do

Oil companies have spent years using AI to drill faster, predict equipment failures and squeeze more production from existing fields. The UAE’s state-run oil giant, …

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Oilprice.com • 03 Oct 2026
Could White Hydrogen Succeed Where Green Hydrogen Stumbled?

The green hydrogen hype has all but stalled out – but could white hydrogen take its place as the next big thing in decarbonization? Geologic …

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Oilprice.com • 03 Oct 2026
Iran Is Losing Some of Its Leverage Over the Strait of Hormuz

The flow of crude from the Persian Gulf has recovered to near-prewar levels, but the latest data shows that much of the oil is reaching …

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Oilprice.com • 03 Oct 2026
New Research Strengthens the Link Between Warming and Extreme Weather

There is an increasing body of evidence connecting climate change and severe weather events. In 2004, a group of researchers published one of the first …

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Oilprice.com • 03 Oct 2026
Latin America Could Double Its Onshore Wind Capacity by 2035

Several countries across Latin America have been rapidly expanding their wind energy capacity to diversify the energy mix and strengthen energy security, with far more …

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Oilprice.com • 02 Oct 2026
Trump Says South Korea Deal Includes $8.4 Billion U.S. Oil Project

President Donald Trump said Friday that South Korea’s investment agreement with the United States now includes $8.4 billion for an enhanced oil recovery project. Seoul …

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Oilprice.com • 02 Oct 2026
Iranian Oil Starts Flowing to Tajikistan Despite U.S. Sanctions Risk

Tajikistan announced that it is now receiving oil and petroleum products from Iran, opening a potential new energy source for a country whose fuel supplies …

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Oilprice.com • 02 Oct 2026
U.S. Oil Drilling Inches Up As Prices Fall

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes …

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Oilprice.com • 02 Oct 2026
Dated Brent Above $120 Signals a Serious Oil Squeeze

Physical oil markets tighten sharply as Dated Brent surges above $120 despite ICE Brent slipping toward $101. Friday, October 02, 2026 The European diesel stock …

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Oilprice.com • 02 Oct 2026
G7 Moves to Release 100 Million Barrels to Counter Diesel Crisis

The G7 and its partners have agreed to release as much as 100 million barrels of emergency diesel and crude stocks over the next four …

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Oilprice.com • 02 Oct 2026
LNG Shipments Through Hormuz Hit Highest Level Since Iran War Began

A total of 21 LNG cargoes are estimated to have exited the Strait of Hormuz in September, the highest monthly number since the Iran war …

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Oilprice.com • 02 Oct 2026
WTI Whipsaws as Gulf Supply Improves and Middle East Risk Returns

November WTI crude oil futures spent the week caught between two opposing trades. Gulf crude flows improved as Saudi Arabia restored export routes and producers …

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