Industry News

Latest from Australia's industrial and energy sectors

Gorgon stage three tie-back gets first TechnipFMC Subsea 2.0 tree
Offshore Technology • 21 Aug 2026
Gorgon stage three tie-back gets first TechnipFMC Subsea 2.0 tree

TechnipFMC has delivered its first 7-in. Subsea 2.0 horizontal christmas tree to Chevron Australia for the Gorgon Stage 3 project, offshore in the north-west of …

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Oilprice.com • 21 Aug 2026
India Builds Clean Power Faster Than It Can Use It

Numbers Report – August 21, 2026 In the latest edition of the Numbers Report, we will take a look at some of the most interesting …

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Oilprice.com • 21 Aug 2026
Saudi Oil Exports from Mediterranean Soar with Shuttles North to Avoid Houthis

Saudi Arabia has boosted its crude oil exports from Egypt’s Mediterranean port of Sidi Kerir by about 33% in the month since the Houthis threatened …

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Oilprice.com • 21 Aug 2026
The Battery Boom Is Becoming Impossible to Ignore

For the past several weeks, I have been working my way through the major findings in the Energy Institute’s 2026 Statistical Review of World Energy. …

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Oilprice.com • 21 Aug 2026
Oil Bulls Take Control as Iran Deal Collapses and Hormuz Stays Restricted

October WTI crude oil futures are trading at $86.31 late Thursday, up $4.82 or 5.91% for the week. The contract opened at $81.62, traded as …

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Oilprice.com • 21 Aug 2026
Iran Warns Gulf States as U.S. Turns Up Economic Pressure

Politics, Geopolitics & Conflict Iran has warned Gulf states that any support for U.S. military operations will make them participants in the war, as the …

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Oilprice.com • 21 Aug 2026
Israel Bombs Syrian Airbase to Block Turkish Military Expansion

Israel is trying to establish a veto over where Turkey can deploy forces in Syria, and on Tuesday it bombed a Syrian airbase to enforce …

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Oilprice.com • 21 Aug 2026
East African Nations Offered 30% Share of Dangote’s Kenya Mega-Refinery

Nigeria’s Dangote Group has offered a 30% stake in a planned refinery in Kenya to East African nations, a senior economic adviser to Kenya’s President …

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Oilprice.com • 21 Aug 2026
Nigeria Eyes $50 Billion Offshore Oil and Gas Investment Boom

The new Nigerian incentives for offshore oil and gas projects have the potential to attract $50 billion in new investment in Nigeria’s offshore energy sector, …

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Corinth Pipeworks wins Rovuma LNG pipe contract
Offshore Technology • 21 Aug 2026
Corinth Pipeworks wins Rovuma LNG pipe contract

Corinth Pipeworks (CPW), the steel pipe business of Cenergy, has been awarded a contract to supply linepipe for phase one of the Rovuma LNG project …

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ONGC, Transocean sign LoA for Dhirubhai drill-ship in India
Offshore Technology • 21 Aug 2026
ONGC, Transocean sign LoA for Dhirubhai drill-ship in India

Indian government-owned Oil and Natural Gas Corporation (ONGC) has entered into a two-year binding letter of award (LoA) with Transocean for deploying the latter’s Dhirubhai …

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Oilprice.com • 21 Aug 2026
Iranian Oil Supply to China Is Rapidly Drying Up

Iranian crude oil cargoes readily available to Chinese buyers have nearly dried up following the reinstated U.S. blockade on Iran’s oil exports, suggesting that independent …

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