Industry News

Latest from Australia's industrial and energy sectors

Oilprice.com • 24 Aug 2026
U.S. Leaves Europe Behind in Critical Minerals Race

The United States is forging ahead with its critical minerals ambitions, investing billions in securing non-Chinese supply, while in Europe, the central EU government “hesitate, …

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Oilprice.com • 24 Aug 2026
Europe’s Biogas Plants Could Become Fertilizer Factories

The fertilizer crisis is usually framed as a natural gas problem. When gas prices rise, ammonia costs rise, fertilizer plants reduce production, and farmers become …

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Oilprice.com • 24 Aug 2026
Houthis Target Saudi Oil Tanker in Red Sea Missile and Drone Attack

Yemen's Houthis on Monday targeted the Saudi oil tanker Amzan in the Red Sea off Yanbu with a ballistic missile and drones, the Iran-aligned militant …

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Oilprice.com • 24 Aug 2026
Treasury Expands Iran Sanctions Without Targeting Major Chinese Banks

The Trump administration has revealed the details of its “economic D-Day” campaign against Iran, expanding secondary sanctions that threaten foreign companies with exclusion from the …

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Oilprice.com • 24 Aug 2026
Norway Warns Oil and Gas Output Could Collapse After 2030

Norway is producing oil and gas faster than the industry is finding new resources, increasing the risk of a steep decline after 2030, according to …

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Oilprice.com • 24 Aug 2026
TotalEnergies Backs Two Major Oil Pipelines to Bypass Hormuz

TotalEnergies will invest in two major oil pipelines designed to bypass the Strait of Hormuz, backing Abu Dhabi’s expansion of its Fujairah export route and …

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Oilprice.com • 24 Aug 2026
US Accuses More Than 40 Countries of Helping China Evade Tariffs

The United States has fingered over 40 countries, including Azerbaijan, Georgia, Kazakhstan and Uzbekistan, as alleged accomplices in helping China engage in tariff evasion schemes …

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Oilprice.com • 24 Aug 2026
The 60 Day Peace Window Closed, and Trump’s Iran Strategy May Shift Dramatically

17 August marked the 240th anniversary of American folk hero Davy Crockett -- ‘King of the Wild Frontier’, as the old song goes. It also …

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Oilprice.com • 24 Aug 2026
Iran-Linked Cyberattack Tests Britain’s Energy Defenses

An attack on an energy facility which was shut down for four days last month was carried out by hackers linked to the Iranian regime. …

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Oilprice.com • 24 Aug 2026
Goldman Sachs: Europe Needs Much Higher Gas Prices to Secure Winter Supply

Natural gas prices in Europe need to jump by December for European storage to fill up with enough inventory for the coming winter if the …

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Oilprice.com • 24 Aug 2026
European Leaders Gather in Kyiv as Ukraine Seeks More Air Defense

Ukrainian President Volodymyr Zelenskyy's push to bolster international support and receive additional air defenses continues on August 24 as the so-called Coalition of the Willing …

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Oilprice.com • 24 Aug 2026
Russia Scrambles to Restore Fuel Supplies as Refineries Resume Operations

Amid the ongoing fuel crisis in Russia, authorities are rushing to ease concerns that the shortages are worsening. Russia has been suffering from a gasoline …

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