oil industry

Ukraine's defence ministry announced a week of long-range strikes on Russia's fuel and energy sector, saying six strategic oil refineries were hit, some up to 1,600 kilometres behind the front line. Kyiv described the targeted facilities as key suppliers of fuel to Russia's defence industry and framed the campaign as an answer to continued Russian attacks on Ukraine.

US Supreme Court Justice Samuel Alito is not taking part in a case involving climate-related claims against major oil companies. His recusal reduces the bench to eight justices for the case, which could affect the outcome if the court splits. The case is being closely watched for its implications for climate litigation against the fossil fuel industry.

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.

CERAWeek, the annual energy industry gathering in Houston, USA, is under way, bringing together more than 10,000 attendees from around 90 countries. The conference draws chief executives of major corporations alongside government representatives to discuss energy policy, oil and gas markets, and the global energy transition. It is widely regarded as one of the sector's most influential annual meetings.

US Supreme Court Justice Samuel Alito has withdrawn from a climate change case after complaints were raised about his financial holdings in oil and gas companies.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.

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.

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.

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.

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.

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 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.

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.