Industry News

Latest from Australia's industrial and energy sectors

Oilprice.com • 31 Aug 2026
Goldman Sachs Sees Diesel Refining Margins Soaring to $63 a Barrel

Refiners are set to reap stronger profits on the global diesel shortage, Goldman Sachs has said, revising its earlier profit forecast to double the total …

Read Full Article
Oilprice.com • 31 Aug 2026
Trump Says Venezuelan Oil Will Refill U.S. Strategic Petroleum Reserve

The United States will use Venezuelan crude to refill the Strategic Petroleum Reserve, President Donald Trump said on Sunday on social media. Describing the move …

Read Full Article
Oilprice.com • 31 Aug 2026
Oil Prices Surge as U.S. and Iran Exchange Strikes

Oil prices climbed in early Asian trade on Monday after the U.S. struck Iran for the first time in over a month, with Iran then …

Read Full Article
Oilprice.com • 30 Aug 2026
U.S. Army To Spend $2.2B On Nuclear Microreactors At Military Bases

Back in October 2025, the U.S. Army unveiled the Janus Program to supply portable nuclear microreactors to military bases by 2028. Whereas these reactors are …

Read Full Article
Oilprice.com • 30 Aug 2026
‘Soap Cocktails’ Help U.S. Shale Boost Oil Production

U.S. shale innovation is not limited to drilling techniques and engineering breakthroughs. Producers are testing and already getting more oil out of existing wells in …

Read Full Article
Oilprice.com • 30 Aug 2026
UBS Says a Major Commodity Upcycle Is Taking Shape

One day after veteran commodities strategist Jeff Currie told investors to "get long and buckle up" for the next leg of the commodities rally, UBS …

Read Full Article
Oilprice.com • 30 Aug 2026
Data Centers Are Driving a New U.S. Natural Gas Buildout

The expansion of data centers to power the artificial intelligence boom is causing a natural gas revival in the United States. Planned gas-fired power capacity …

Read Full Article
Oilprice.com • 30 Aug 2026
Saudi Arabia Backs Turkey’s Rapid Renewable Energy Buildout

Turkey and Saudi Arabia have announced ambitious plans to cooperate on renewable energy, as both countries aim to deploy vast amounts of clean power. Saudi …

Read Full Article
Oilprice.com • 29 Aug 2026
Iran War Adds $330 Billion to Global Energy Import Bill

The war between the United States, Israel, and Iran has caused the oil and gas import bill of the world to swell by as much …

Read Full Article
Oilprice.com • 29 Aug 2026
Solar Has Crossed a Critical Economic Tipping Point

For years, the economic case for solar came with an awkward qualification. Yes, it had no fuel bill. Yes, its operating costs were low. And …

Read Full Article
Oilprice.com • 29 Aug 2026
Mexico’s Green Energy Push Is Finally Gaining Momentum

After a delayed start under the previous government, Mexico is now well on its way to undergoing a green transition. President Claudia Sheinbaum has launched …

Read Full Article
Oilprice.com • 29 Aug 2026
America’s Electricity Boom Is Outrunning Its Power Grid

The United States’ energy grid is under extreme duress as rapid electrification and energy demand place increasing and unprecedented demand on transmission infrastructure. The artificial …

Read Full Article