Industry News

Latest from Australia's industrial and energy sectors

Oilprice.com • 14 Sep 2026
The U.S.-China AI War Has Kazakhstan Caught in the Crossfire

The United States and China each have initiatives racing to shape the future of artificial intelligence, and Kazakhstan may have to choose a side. As …

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Oilprice.com • 14 Sep 2026
Uniper to Sell Gas Pipeline Stake to Meet EU State Aid Conditions

Uniper announced on Monday an agreement to sell its 20% stake in the OPAL gas pipeline as part of the EU’s conditions on state aid …

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Oilprice.com • 14 Sep 2026
Record Freight Costs Squeeze Russia's Black Sea Crude Exports

Heightened shipping threats from Ukrainian attacks and a shortage of tankers have pushed the freight costs for Russia’s crude oil exports from the Black Sea …

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Oilprice.com • 14 Sep 2026
Syria Diesel Prices Jump 40% Triggering Widespread Unrest

Syria raised diesel prices 40% and gasoline prices by as much as 28% on Saturday, and protesters blocked the highway linking Damascus to Aleppo and …

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Oilprice.com • 14 Sep 2026
The Problem With Trying to Bypass Hormuz Using Pipelines

The East-West Pipeline in Saudi Arabia, which delivers oil to the shores of the Red Sea, has been an important workaround to the choking of …

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Oilprice.com • 14 Sep 2026
Brent at $108: Gulf States Halt Hormuz Talks as Houthis Strike Saudi Airbase

Gulf states called off Monday's planned meeting with Iran on reopening the Strait of Hormuz the same day Yemen's Houthis fired dozens of missiles and …

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Oilprice.com • 14 Sep 2026
Chevron Expects LNG Prices To Remain High in the Short Term

LNG prices are set to remain at elevated levels over the next few months amid the massive supply disruption from the Middle East, Chevron Australia …

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Oilprice.com • 14 Sep 2026
Europe Gas Prices Jump 6% as Saudi Pipeline Shutdown Rattles Markets

Europe’s benchmark natural gas prices jumped by 6% at Monday market opening in Amsterdam as oil prices rallied amid the escalation in the Middle East …

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Oilprice.com • 14 Sep 2026
Asian Refiners Seek Answers After Saudi Pipeline Shutdown

Asian refiners are not sure yet how the shutdown of the key Saudi East-West oil pipeline to the Red Sea would affect oil loadings at …

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Oilprice.com • 14 Sep 2026
Middle East Oil Routes Under Pressure as Hormuz Traffic Tumbles

The number of commodity vessels observed to have transited the Strait of Hormuz crumbled to single digits this weekend, and risks to supply from the …

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Oilprice.com • 14 Sep 2026
Soaring Oil Prices Put Fed on Track for September Rate Hike

The recent spike in crude oil prices will likely result in a fresh rate hike by the Fed this week, according to data from CME …

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Oilprice.com • 14 Sep 2026
Oman Energy Minister Says Middle East Needs to Diversify LNG Export Routes

The Middle East needs alternative export routes for liquefied natural gas that bypass the Strait of Hormuz, Oman’s Minister of Energy and Minerals said at …

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