Industry News

Latest from Australia's industrial and energy sectors

Oilprice.com • 14 Sep 2026
Brent Hits $108 as Saudi Pipeline Shutdown Deepens Supply Fears

Brent crude hit $108 per barrel earlier today, following the latest escalation in the Middle East, before retreating to $107.22 per barrel at the time …

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Oilprice.com • 14 Sep 2026
Oil Prices Surge as Middle East Attacks Continue and Diplomacy Stumbles

Oil prices initially jumped by over 3% in early Asian trade on Monday as fears of a major and extended supply disruption were stoked by …

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Oilprice.com • 13 Sep 2026
StanChart Warns Oil Is Now Built for Sharper, More Frequent Spikes

Oil prices hit nearly $110 per barrel on Thursday for the first time since July, with no end in sight for the Middle East conflict. …

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Oilprice.com • 13 Sep 2026
Further Oil Price Spikes Could Rekindle Recession Fears

This week’s oil price surge sharply raised the odds of a Fed interest rate hike next week and re-launched the recession conversation, for the first …

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Oilprice.com • 13 Sep 2026
U.S. Dams Could Unlock 15.2 Terawatt-Hours of Untapped Hydropower

The United States’ existing dams could produce an additional 15.2 terawatt-hours of electricity per year, enough to power more than 1.4 million homes across the …

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Oilprice.com • 13 Sep 2026
Trump’s Caucasus Trade Corridor Delayed Until 2027

Construction on a trade corridor seen as the lynchpin of the Armenian-Azerbaijani peace deal is facing a delay, according to a top Azerbaijani official. The …

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Oilprice.com • 13 Sep 2026
UK Wind Power Hits Record High as Energy Security Risks Mount

The United Kingdom has dramatically increased its wind energy capacity over the last decade, producing record levels of wind power in 2025. With several more …

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Oilprice.com • 12 Sep 2026
Oil Industry Braces for Years-Long Iran War

Oil producers, traders, and refiners are bracing for a prolonged war between the United States and Iran in the Persian Gulf with little to no …

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Oilprice.com • 12 Sep 2026
Stolen Electricity is Powering Illegal Crypto Farms Across the Globe

Electricity theft is a global problem, and it’s getting more dire all the time. While the problem is most common in developing countries, where grid …

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Oilprice.com • 12 Sep 2026
The Race to Solve Nuclear Energy’s Biggest Problem

Nuclear power is growing in popularity once again as governments worldwide look to diversify their energy mix and reduce reliance on fossil fuels. Several countries …

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Oilprice.com • 12 Sep 2026
Iran’s Security Crackdown Runs Into Resistance From Within

Iran's parliament is trying to turn fears of foreign infiltration into law. But as lawmakers work through the legislation, the debate is exposing an increasingly …

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Oilprice.com • 12 Sep 2026
Why More Homes Are Switching From Gas to Heat Pumps

Heat pumps are becoming an increasingly popular alternative to gas-powered central heating systems and are increasingly being used in new construction, often driven by government …

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