Industry News

Latest from Australia's industrial and energy sectors

Oilprice.com • 22 Sep 2026
US Gasoline, Distillate Inventories Continue to Fall as Crude Stocks Hold

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 1.786 million barrels in the week ending September 18. …

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Oilprice.com • 22 Sep 2026
Global Energy Demand Set to Jump 60% by 2060 as Developing Nations Power Up

Emerging economies are going to see an explosion of energy demand over the coming decades. Countries like Brazil, India, Nigeria, and Indonesia are racing to …

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Oilprice.com • 22 Sep 2026
Norway’s Liquids Output Rebounds by Nearly 100,000 Bpd—but Still Trails 2025

Norway’s crude oil production rose to 1.882 million barrels per day in August, exceeding the Norwegian Offshore Directorate’s forecast but remaining below the level recorded …

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Oilprice.com • 22 Sep 2026
The U.S. Has More Leverage in Iraq Than It Thinks

If U.S. forces leave Iraq by 30 September 2026, Washington should view the departure not as the end of its relationship with Baghdad but as …

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Oilprice.com • 22 Sep 2026
Nuclear Safety Brings America Into Russia's Uzbek Energy Project

Uzbekistan still wants Russia to build its first nuclear plant, but when it comes to safety, Tashkent is turning to the United States. Meeting on …

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Oilprice.com • 22 Sep 2026
India’s Russian Oil Imports Slide as Refiners Hunt for Alternatives

India’s imports of Russian crude fell 16.5% in August and are expected to decline again in September, just as a new U.S. sanctions law gives …

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Oilprice.com • 22 Sep 2026
Beijing Tightens Rare Earth Flow Ahead Of Washington Summit With Trump

Chinese President Xi Jinping and President Donald Trump are scheduled to meet in Washington on Thursday. UBS analysts quoted chief China economist Yu Song as …

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Oilprice.com • 22 Sep 2026
Saudi Pipeline Restart Fails to End Oil Market Tightness

Saudi pipeline flows resume, but soaring freight and diesel prices signal persistent oil market tightness. Oil Freight Costs Explode as Gulf Risk Traps the VLCC …

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Oilprice.com • 22 Sep 2026
Saudi Arabia Restarts East-West Oil Pipeline

Saudi Arabia has restarted its East-West oil pipeline, restoring at least some flow through the 4-million-barrel-per-day route that had become the kingdom’s main escape hatch …

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Oilprice.com • 22 Sep 2026
Europe’s Offshore Wind Slowdown Is Squeezing Manufacturers

Europe’s offshore wind monopile market is moving from concerns over insufficient manufacturing capacity to a period of weak factory utilization coming from offshore wind projects …

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Oilprice.com • 22 Sep 2026
UK Gas Prices Force Ineos to Idle Three Chemical Plants

INEOS is idling three of its plants in the UK as soaring natural gas prices in Europe make operations uncompetitive, the chemicals giant said on …

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Oilprice.com • 22 Sep 2026
Why Utility Profits Could Be the Next Target

Electricity prices are heading up. Utility operating costs, raw materials, and fuel (obviously), are all heading up and no sign of stopping. Now higher capital …

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