Energy, Oil & Gas

EV sales surge in key markets as energy crisis highlights fuel risks: IEA

Global electric car sales rebounded strongly in the second quarter of 2026, with growth in markets including Australia, Europe, South Korea and other regions offsetting weaker demand in China and the US, according to a new report from the International Energy Agency (IEA)....

Energy, Oil & Gas

OEG secures CCU contract extension for Bass Strait operations

OEG has secured a multi-million-dollar contract extension to support offshore drilling in Australia’s Bass Strait until 2036. The deal includes manufacturing and supplying 200 DNV-certified Cargo Carrying Units (CCUs) from its Barry Beach facility in Victoria....

Energy, Oil & Gas

Australia halves fuel excise to counter global energy turmoil

Australian Prime Minister Anthony Albanese announced a 50 per cent reduction of the fuel excise, a move aimed at mitigating the impact of the global fuel crisis stemming from the escalating military conflict in the Middle East....