Industry News

Latest from Australia's industrial and energy sectors

Oilprice.com • 19 Sep 2026
Energy Giants Are Betting Billions on a World of Longer Oil Routes

Global maritime and energy markets are currently showing two significant developments. Both indicate they should not be treated as separate market stories, but as an …

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Oilprice.com • 19 Sep 2026
Europe Outbids Asia for LNG as Prices Surge 150%

Liquefied natural gas prices on the spot market are moving higher as demand picks up seasonally and Asian importers are souring on the fuel. European …

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Oilprice.com • 19 Sep 2026
Britain Faces £150 Billion Grid Overhaul to Power Renewable Energy Boom

The United Kingdom will need to invest heavily in expanding its electricity grid to meet rising power demand and ensure that new renewable energy projects …

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Oilprice.com • 19 Sep 2026
IAEA Triples Nuclear Power Forecast as Small Reactors Finally Take Off

After years of delays and plateaued development timelines, it might finally be time for the small nuclear revolution. In a brand new report, the International …

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Oilprice.com • 19 Sep 2026
UN Warns World Must Prepare for Life Beyond 1.5°C

The United Nations has, for the first time, acknowledged that the world will overshoot its target of limiting global warming to 1.5°C above pre-industrial levels, …

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Oilprice.com • 18 Sep 2026
Global Shipping Costs Explode as Hormuz Disruptions Hit Key Trade Routes

The Middle East crisis has reverberated through key global shipping chokepoints thousands of miles away from the Strait of Hormuz. Following the crippled tanker traffic …

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Oilprice.com • 18 Sep 2026
Space-Based Solar Power Could Reach the Grid by 2028

The artificial intelligence energy crisis is catalyzing the development pipeline for space-based solar energy. As the world rushes to build up more energy production capacity …

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Oilprice.com • 18 Sep 2026
Macron Calls for Another Emergency Oil Release as Europe Loses Supply

French President Emmanuel Macron is calling the G7 back to the table to discuss another release of emergency oil stocks as Europe loses Saudi crude …

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Oilprice.com • 18 Sep 2026
Kazakhstan Turns to Russian Gas as Domestic Demand Surges

Kazakhstan intends to increase natural gas imports from Russia. The purchase price may be low, but the overall cost could turn out to be steep …

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Oilprice.com • 18 Sep 2026
Saudi Arabia Cuts Europe Off From October Crude as Gulf Exports Surge

Saudi Aramco has told European term customers they will receive no Saudi crude in October, even as the kingdom pushes roughly 60 million barrels back …

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Oilprice.com • 18 Sep 2026
U.S. Oil, Gas Rig Count Creeps Up With Strong Prices

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

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Oilprice.com • 18 Sep 2026
TotalEnergies and BlackRock Sign $1.8B Deal for African Oil and Gas Assets

TotalEnergies and BlackRock’s Global Infrastructure Partners (GIP) have signed a partnership agreement under which GIP will invest $1.8 billion in capital contribution toward some of …

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