Industry News

Latest from Australia's industrial and energy sectors

Oilprice.com • 14 Aug 2026
Trump Is Spending Billions On The Minerals That Power EVs

For years, U.S. President Donald Trump has openly displayed his disdain for the clean energy and electric vehicle sectors. In the early days of his …

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Oilprice.com • 13 Aug 2026
Mexico Has More Refining Capacity. So Why Are Fuel Imports Rising?

Mexico’s push for fuel self-sufficiency has run into a stubborn problem: Pemex has built and upgraded refining capacity faster than it has learned to operate …

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Oilprice.com • 13 Aug 2026
U.S. Power Grid Strains Under Record Electricity Demand

U.S. demand for electricity is expected to hit an all-time high both this year and next, driven by the data center buildout of Big Tech. …

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Oilprice.com • 13 Aug 2026
China Races to Finish Molten-Salt Solar Plant as Stocks Whipsaw

China has driven the world’s solar energy deployment, adding capacity at such a blistering rate that the nation’s existing and planned wind and solar generation …

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Oilprice.com • 13 Aug 2026
Solar Surpasses Wind In Global Electricity Generation For The First Time

In 2007, nearly two decades ago, I wrote an article called “The Future Is Solar.” At the time, my argument was largely based on efficiency. …

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Oilprice.com • 13 Aug 2026
U.S. Backs X-Energy Reactor With Up to $2.15 Billion

Washington is putting real money behind advanced nuclear. The US Department of Energy is gearing up to hand X-energy another $1 billion for its planned …

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Oilprice.com • 13 Aug 2026
Russia’s Diesel Exports Crash to Multiyear-Low amid Tight Global Market

Russia’s diesel and gasoil exports crashed in the first seven days of August to just 80,000 barrels per day (bpd), the lowest in many years, …

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Oilprice.com • 13 Aug 2026
Oil Shocks Could Accelerate EV Adoption, WoodMac Says

Oil supply disruptions, high fuel prices and faster battery innovation could give electric vehicle adoption a fresh push, with consequences for oil demand, power grids …

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Oilprice.com • 13 Aug 2026
The Struggle to Build the TAPI Gas Pipeline Through Afghanistan

Amid a thicket of hopeful rhetoric surrounding the construction of a trans-Afghan pipeline that would carry natural gas from Turkmenistan to South Asia, tangible signs …

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Oilprice.com • 13 Aug 2026
Jefferies: Diesel Cracks Reveal the Real Oil Market Squeeze

Brent crude futures held near recent highs of $90 a barrel before fading to around $87 early Thursday morning, as traders awaited progress toward reopening …

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Oilprice.com • 13 Aug 2026
Porsche to Phase Out Taycan by 2030 Amid Weak EV Demand

Porsche is reportedly preparing to phase out production of its flagship Taycan electric sports car by 2030, marking a major setback for the German automaker’s …

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Oilprice.com • 13 Aug 2026
UK Economy Remains Resilient Despite Iran War and Higher Energy Prices

The UK economy grew 0.4 per cent between April and June, official data has revealed, in a sign that businesses and consumers have so far …

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