oil industry

Ukraine's defence ministry says its forces hit six strategic oil refineries deep inside Russia over a single week, some up to 1,600 km from the front line. Kyiv describes the facilities as key fuel suppliers for Russia's defence industry and occupation forces, framing the campaign as retaliation for Russian strikes on Ukrainian energy infrastructure.

US Supreme Court Justice Samuel Alito has removed himself from a major climate-related case following scrutiny over his holdings of oil company stock. The recusal comes amid criticism of his financial disclosures and renewed debate over ethics rules for Supreme Court justices and potential conflicts of interest in cases touching the energy industry.

US Supreme Court Justice Samuel Alito has recused himself from a case that could determine the fate of climate lawsuits against major oil companies. The case could lead to the dismissal of state and municipal suits seeking damages from oil firms over climate change harms. With Alito stepping aside, only eight justices will weigh the matter, raising the possibility of a split decision.

The European Union may postpone its methane emissions rules by a year, according to a report from Rigzone. The regulation, part of the bloc's push to cut methane leaks from the energy sector, would affect oil and gas producers exporting to Europe. The possible delay is drawing attention from energy firms and climate advocates awaiting clarity on compliance timelines.

US Supreme Court Justice Samuel Alito has withdrawn from a climate change case after complaints were raised about his financial holdings in oil and gas companies. The recusal means he will not take part in the court's consideration of the dispute, which touches on matters central to climate litigation and energy industry interests.

Russian President Vladimir Putin has classified information about the operation of Russian oil refineries and banned its dissemination on the internet. The move restricts public reporting on how the facilities function, a topic of heightened sensitivity amid attacks on Russian refinery infrastructure during the war in Ukraine. Ukrainian media highlighted the decree, reading it as an attempt to conceal the industry's condition.

Energy industry interests are asking the US Supreme Court to take up a case that could shield oil companies from climate-related lawsuits. According to Vox, the request is being described as audacious, with critics saying the industry is seeking to escape accountability in state courts where dozens of cities and states are suing over climate damages.

The European Union has ruled out new oil and gas drilling in the Arctic, reaffirming its position against fossil fuel expansion in the polar region. The move aligns with the bloc's climate commitments and its long-standing push to protect the environmentally sensitive Arctic from extractive industries. Commenters are weighing what the decision means for energy security, climate policy and the EU's role in Arctic affairs.

A campaign is calling for national delegations to the COP31 climate summit to exclude fossil fuel lobbyists entirely. The push aims to prevent oil, gas and coal industry representatives from influencing negotiations at the UN climate talks. Advocates argue industry presence undermines the credibility and ambition of the summit's outcomes.

Airlines are signaling that airfares could remain elevated even if jet fuel costs decline. Industry arguments center on factors beyond fuel, such as strong travel demand, limited aircraft supply, and labor and operating costs that keep pressure on pricing. The report suggests travelers should not expect ticket prices to fall in line with any future drop in oil prices.

The Wall Street Journal reports that American pressure, including tariffs and trade threats, is pushing Canada to accelerate development of its vast energy resources. The piece examines how Ottawa and industry are responding by seeking new pipelines, export routes and customers beyond the United States. Analysts see the moment as a potential turning point for Canada's oil, gas and critical minerals sectors, reducing reliance on the U.S. market.

A group of Republicans has called on President Trump to ban exports of U.S. diesel fuel, according to the New York Times. The push reflects concerns within the party about domestic fuel supply and prices, and pits protectionist energy policy against the oil industry's export interests. The debate comes as fuel costs remain a politically sensitive issue heading into the fall.

A strike by oil service workers in Norway has cut production by 2.4 million barrels of oil equivalent, according to an industry group. The stoppage is reducing output from one of Europe's largest energy producers, and attention is focused on how long the labour dispute will last and what it means for European energy supplies.

Commentators are praising the shipping industry for being the most honest and reliable source of information throughout the current crisis involving Iran and the Strait of Hormuz. The discussion centres on shipping trade reporting noting that the maritime sector has already made its peace with the risk to oil shipments through Hormuz, with many saying they trust seafarers' word above other sources.

Supreme Court Justice Samuel Alito has recused himself from the Suncor climate liability case, according to Bloomberg Law. The case involves claims against oil company Suncor over climate change damages. Without stating a reason, the recusal reduces the Court to eight justices for the matter and follows earlier recusals in similar oil industry climate cases.

Around 8% of workers in Norway's oil industry are threatening to go on strike starting June 5, a move that could disrupt production on the Norwegian continental shelf, a major supplier of oil and gas to Europe. The threat comes amid ongoing wage negotiations in the offshore petroleum sector, with unions and employers working to avoid industrial action during the summer season.

A Southeast Asian oil field development project has passed a key environmental assessment, allowing it to advance toward a final investment decision. The clearance removes a major regulatory obstacle for the offshore project, and industry observers will now be watching for the operators to confirm investment and move the field closer to production.

Indian nutrition company Hexagon Nutrition has introduced a stabilised vitamin A formulation designed for large-scale food fortification across African markets. The product aims to address vitamin A deficiency, a widespread public health problem on the continent, by withstanding harsh processing and storage conditions in staple foods such as flour and oil. Industry coverage highlights growing investment in micronutrient fortification solutions for developing regions.