Industry News

Latest from Australia's industrial and energy sectors

Oilprice.com • 21 Aug 2026
China's New Five-Year Plan Preps the Nation for Peak Oil

China's energy strategy has largely shielded it from the fallout of the war in Iran and the resultant closure of the Strait of Hormuz, a …

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Oilprice.com • 21 Aug 2026
The Race to Unlock the World’s Hidden Hydrogen Reserves

Countries around the globe are racing to become the world’s first geologic hydrogen hotspot. A few years ago, the United States Department of Energy released …

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Oilprice.com • 21 Aug 2026
Low Rivers, High Stakes: Europe's Nuclear Cooling Crisis

The extreme heat experienced across Europe in recent weeks has caused widespread disruption to nuclear power plants. Governments across the region have been forced to …

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Oilprice.com • 21 Aug 2026
Iraq Wants to Double Oil Output—and Needs OPEC to Get Out of the Way

Iraq wants to more than double its oil production within six years. First, it needs OPEC to let it. Baghdad is targeting output of between …

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Oilprice.com • 21 Aug 2026
China Challenges Russia’s Arms Dominance in Central Asia

China is challenging Russia’s stranglehold on Central Asia’s arms market. Uzbekistan appears to have taken delivery of four PRC-made ChengduJ-10CE multi-role combat aircraft, according to …

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Oilprice.com • 21 Aug 2026
Tankers Wait a Month as Venezuela Hits an Oil Export Ceiling

Venezuela has plenty of oil buyers again. What it does not have is enough functioning port infrastructure to get them their crude. Tankers are waiting …

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Oilprice.com • 21 Aug 2026
US Oil Drillers See Pullback as Oil Prices Rise

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes …

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Oilprice.com • 21 Aug 2026
India Boosts Battery Investment to Cut Solar Power Waste

Solar power developers in India have started to add battery storage to photovoltaic projects to attract buyers and reduce the large share of curtailments for …

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Oilprice.com • 21 Aug 2026
America’s Next Strategic Partner Is Hiding in Plain Sight

When Uzbekistan celebrates 35 years of independence on September 1st, Washington should do more than congratulate its people and government. It should recognize a strategic …

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Oilprice.com • 21 Aug 2026
China’s Teapots Look Beyond Iranian Oil amid U.S. Blockade

China’s refiners have imported lower volumes of Iranian crude in August compared to July as the U.S. blockade reinstated in mid-July is squeezing crude supply …

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Oilprice.com • 21 Aug 2026
Oil Nears $100 as Trump’s ‘Economic D-Day’ Raises the Stakes

Hormuz traffic remains near a standstill as Trump’s ‘Economic D-Day’ campaign pushes Brent closer to $100. Friday, August 21, 2026 Transits through the Strait of …

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Oilprice.com • 21 Aug 2026
Ukrainian Drone Attack Hits Lukoil Refinery Deep in Russia

Ukraine overnight hit with drones an oil refinery in the Perm region, deep into Russian territory, as the Ukrainian military has been targeting Russia’s oil …

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