Industry News

Latest from Australia's industrial and energy sectors

Oilprice.com • 25 Aug 2026
Russia Eyes Central Asia as a Safe Haven for Its Defense Industry

With Russian infrastructure being pummeled by Ukrainian drones, the Kremlin is hoping to sustain its war effort in Ukraine going by deepening defense cooperation with …

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Oilprice.com • 25 Aug 2026
BLM Sets October Oil and Gas Lease Sale for Montana and Dakotas

The federal government is putting another 3,388 acres of public mineral estate on the auction block for oil and gas development in Montana and the …

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Oilprice.com • 25 Aug 2026
China Defies U.S. Economic D-Day against Iran

China on Tuesday signaled it would not end its ties and trade relations with Iran following the U.S. sanctions unveiled on Monday that target Chinese …

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Oilprice.com • 25 Aug 2026
The Race to Power AI Is Reviving America's Nuclear Ambitions

The artificial intelligence boom is supercharging the development of next-gen nuclear energy technology. Big Tech and private equity are catalyzing the research and development of …

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Oilprice.com • 25 Aug 2026
Oil Prices Fall as Iran Negotiation Hopes Return

U.S. sanctions pressure on Iran intensifies, but Pakistani mediation hopes push Brent back to $89. US Blockade Leaves Iran’s Oil Trade on Borrowed Time - …

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Oilprice.com • 25 Aug 2026
Hormuz Crisis Boosts Appeal of $42-Billion Tanzania LNG

Equinor sees a multi-billion LNG export project in Tanzania becoming more attractive for development amid the Middle East conflict that has crippled liquefied natural gas …

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Africa to drive global upcoming conventional refineries capacity additions by 2030
Offshore Technology • 25 Aug 2026
Africa to drive global upcoming conventional refineries capacity additions by 2030

Africa is expected to remain a major contributor to global conventional refinery capacity additions during 2026 to 2030.

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Industry-wide CCUS growth hinges on policy support and awareness
Offshore Technology • 25 Aug 2026
Industry-wide CCUS growth hinges on policy support and awareness

Carbon capture, utilisation and storage (CCUS) has become a key decarbonisation pathway for oil and gas and other hard-to-abate industries.

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Oilprice.com • 25 Aug 2026
China’s Top Refiner Seeks Transformation amid Falling Fuel Sales

The world’s biggest oil refiner, China’s state-held Sinopec, is looking to transform its business as domestic fuel sales crumble amid the electric vehicle boom. China …

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Oilprice.com • 25 Aug 2026
Can Trump Isolate Iran Without Triggering a Clash With China?

US sanctions experts say the Trump administration's new campaign to economically isolate Iran could be an effective escalation -- but only if Washington backs its …

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Oilprice.com • 25 Aug 2026
Ukraine Hits Another Russian Refinery as Fuel Crunch Worsens

Ukraine continues to pound Russian refineries in nearly daily drone attacks that damage refining infrastructure, deepen the fuel crisis in Russia, and tighten global fuel …

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Alaska judge dismisses challenge to Trump offshore drilling decision
Offshore Technology • 25 Aug 2026
Alaska judge dismisses challenge to Trump offshore drilling decision

A federal court in Alaska, US has dismissed a lawsuit filed by environmental groups opposing President Donald Trump’s decision to permit offshore drilling in areas …

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