10 Jun, 2026

Channel Infrastructure delivers diesel storage boost for New Zealand

New Zealand’s largest fuel import terminal business, Channel Infrastructure NZ Ltd., has made 93 million litres of diesel storage capacity available for the New Zealand government at its Marsden Point Energy ... more

10 Jun, 2026

Analysts warn oil supply losses may double by year-end

Brent crude prices held near US$85 on Wednesday as hopes for a diplomatic resolution to the Iran-Israel conflict wavered amid renewed military exchanges, with the ongoing war having now stripped roughly one bil... more

09 Jun, 2026

OPEC to raise oil production targets in July to maintain market stability

A coalition of seven key OPEC+ nations has agreed to raise collective oil production targets by 188,000 barrels per day for July, modifying prior voluntary supply curbs to preserve global market stability. R... more

09 Jun, 2026

Australia faces urgent decommissioning industry challenge

Australia stands to gain from an estimated $60 billion wave of offshore oil and gas decommissioning activity over the coming decades. However, a new report from the Curtin Institute for Energy Transition (CIET)... more