Industry News

Latest from Australia's industrial and energy sectors

Oilprice.com • 10 Sep 2026
Russian Mobilization Rumors Ripple Across Central Asia

Kyrgyzstan and Kazakhstan are introducing new procedures for foreign visitors. Some local observers believe the moves are connected to a fresh influx of Russians amid …

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Oilprice.com • 10 Sep 2026
U.S. Crude Inventories Fall As Brent Prices Soar

Crude oil inventories in the United States saw a decrease of 400,000 barrels during the week ending September 4, according to new data from the …

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Oilprice.com • 10 Sep 2026
The Race to Cut Methane Emissions Is Exposing a Global Divide

Several countries worldwide have been working to reduce methane leaks, with some states making significantly more progress than others. The establishment of the Global Methane …

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Oilprice.com • 10 Sep 2026
Senegal to Offer 109 Oil and Gas Blocks to Investors

Senegal will offer to local and foreign investors as many as 109 oil and gas blocks, Energy and Petroleum Minister, El Hadji Abdourahmane Diouf, has …

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Oilprice.com • 10 Sep 2026
Permian Gas Has Been Worth Less Than Nothing for 118 Days This Year

Outside Pecos, Texas, Chevron is getting ready to build a power plant to solve a problem the Permian Basin has been stuck with for years, …

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Oilprice.com • 10 Sep 2026
IEA: Global Coal Demand Set to Hit Record High as Iran War Chokes LNG Supply

Soaring LNG prices due to the Strait of Hormuz blockage are prompting economies to shift to alternative energy sources, pushing coal demand to a another …

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Odfjell secures $518m contract for Deepsea Bergen from Vår Energi
Offshore Technology • 10 Sep 2026
Odfjell secures $518m contract for Deepsea Bergen from Vår Energi

Odfjell Drilling has received a LOA from Vår Energi for the deployment of the Deepsea Bergen rig, with an estimated contract value of $518m.

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Oilprice.com • 10 Sep 2026
Russia Strikes Moldova Border as Ukraine Hits Black Sea Port

A Russian drone attack targeted a border crossing between Ukraine and Moldova, killing two people and injuring three others, while Russian drones also struck in …

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Oilprice.com • 10 Sep 2026
HSBC Raises 2026 Brent Forecast to $90 as Hormuz Crisis Drags On

HSBC has hiked its Brent Crude forecast for 2026 to $90 per barrel from $80 as the Strait of Hormuz crisis is tightening markets while …

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Oilprice.com • 10 Sep 2026
TotalEnergies to Bring New Angola Discovery Online in Just Three Months

TotalEnergies has made a new discovery offshore Angola and has bought operated interest in two new exploration blocks close to operating hubs as the international …

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Oilprice.com • 10 Sep 2026
Clean Hydrogen Investment Tops $130 Billion

The oil and gas supply shock amid the Middle East conflict has accelerated cumulative global investments in clean hydrogen to above $130 billion across more …

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Oilprice.com • 10 Sep 2026
Oil Tanker Rates Hit Record Highs as Middle East Shipping Risks Soar

Oil tanker rates have jumped to record highs as escalating risks to shipping in and out of the Middle East are prompting traders and tanker …

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