Industry News

Latest from Australia's industrial and energy sectors

Oilprice.com • 14 Aug 2026
Oracle’s $165 Billion Data Center Plan Hits a Gas Pipeline Delay

Oracle’s proposed $165 billion data center project in New Mexico has run into a decidedly low-tech problem: the natural gas pipeline meant to help power …

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Oilprice.com • 14 Aug 2026
Trump’s Tougher Russia Stance Puts Kazakhstan in a Difficult Position

Since returning to the White House in early 2025, President Donald Trump has consistently argued that the war in Ukraine should end through negotiations. He …

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Oilprice.com • 14 Aug 2026
US Oil Drillers Add Even More Rigs As Oil Prices Stay Higher

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

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Oilprice.com • 14 Aug 2026
South Africa’s Top Court Blocks Shell Wild Coast Exploration

South Africa’s Constitutional Court has blocked Shell-led exploration along the country’s Wild Coast, adding another legal setback to an offshore sector already struggling to keep …

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Oilprice.com • 14 Aug 2026
Hormuz Attacks Push Oil Toward $100 Despite US Crude Build

Brent heads toward a 5% weekly gain as stalled US-Iran talks and Hormuz attacks push oil prices toward $100. Friday, August 14, 2026 Crude oil …

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Oilprice.com • 14 Aug 2026
U.S. West Coast Refiners Tap Malaysian Supply

A cargo of fuel oil from Malaysia is making its way to a refinery on the U.S. West Coast in the first such shipment in …

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Oilprice.com • 14 Aug 2026
Kazakhstan Accuses Big Oil of $10.7 Billion Corruption in Kashagan Oil Project

Kazakhstan has alleged in a confidential arbitration case that some of the biggest international oil firms that have developed the giant Kashagan oilfield awarded $10.7 …

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Oilprice.com • 14 Aug 2026
Iran’s Economy Is Buckling Under the Weight of War

Every week, the shopping lists of Iranians become shorter as inflation soars and purchasing power plunges. “As things disappear from the dining table, fruit goes …

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Oilprice.com • 14 Aug 2026
India's Coal Demand Set to Hit 1.6 Billion Tons by 2030

India’s coal demand is set to jump to 1.6 billion tons in 2030, from about 1.2 billion tons now, due to higher electricity generation and …

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Oilprice.com • 14 Aug 2026
Hormuz Crisis Pushes Asian Refiners Toward U.S. Oil

North Asian refiners have increased buying activity to secure U.S. crude oil supply as an alternative to the Middle Eastern crude that may not make …

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Oilprice.com • 14 Aug 2026
Oil Traders Reprice Hormuz Risk as Demand Outlook Deteriorates

September WTI crude oil futures are trading at $81.19 late Thursday, up $4.11, or 5.33%, for the week. With Friday’s session still to come, the …

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Oilprice.com • 14 Aug 2026
Fallout Spreads Across the Middle East as the Iran War Grinds On

Politics, Geopolitics & Conflict Yemen’s Houthis said they targeted Saudi Aramco’s Jazan refinery with two drones on Thursday, the second claimed attack on the Red …

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