U.S. Supreme Court to Hear Climate Liability Case
The Supreme Court said Monday that it will hear from oil and gas companies trying to block lawsuits seeking to hold the industry liable for billions of dollars in damage linked to climate change. The conservative-majority court agreed to take up a case from Boulder, Colorado, one of multiple lawsuits alleging the companies deceived the public about how fossil fuels contribute to climate change.
U.S. Refined Petroleum Exports Climb to Near Record
U.S. exports of refined petroleum products carried on clean product tankers have increased steadily over the last year, with exports totaling 6.3 million barrels per day (b/d) in January 2026, about 10% more than in January 2025 and near record highs, according to data from Vortexa.
Texas Manufacturing Outlook Survey Shows Growth
Texas factory activity continued to rise in February, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, was largely unchanged. Other measures of manufacturing activity also showed signs of continued growth this month.
PacifiCorp to Pay $575 Million Wildfire Settlement
PacifiCorp agrees to pay $575 million to settle federal government lawsuits related to the utility’s alleged role in sparking six wildfires in Oregon and California in 2020.
Wyoming Solar Regulation Bill Dies in Committee
Wyoming legislation that would have exempted plug-in solar panels from state-level regulation dies in committee after utilities pushed back on safety concerns.
Alaska Federal Land Opened to Mining and Drilling
The Trump administration opens 2.1 million acres of previously protected federal land in Alaska to new mining claims and oil and gas drilling, drawing advocates’ criticism.
Texas Data Center Protest at State Capitol
Dozens protested at the State Capitol in Austin, Texas on Monday demanding the governor call a special session of the legislature to address the effects of data centers in the state.
World Energy Developments
Druzhba Pipeline Targeted in Drone Strike
Ukrainian drones have struck a Russian pumping station serving the Druzhba oil pipeline set up to supply Moscow’s crude to eastern Europe, a Ukrainian security official said on Monday. The overnight strike caused a fire at the Kaleykino station near the city of Almetyevsk in Russia’s Tatarstan region more than 1,200 km (750 miles) from the Russia-Ukraine border, added the official from Ukraine’s SBU security service.
Slovakia Halts Electricity to Ukraine
Slovakia on Monday escalated a dispute with Ukraine over oil deliveries by halting emergency electricity supplies to the country suffering from daily blackouts caused by Russia’s bombardment of power plants and transmission lines.
Hungary Threatens to Block EU Loan
Hungary is threatening to block a proposed 90 billion-euro European Union loan to Ukraine — worth roughly $106 billion — unless oil shipments through the Druzhba pipeline are restored.
Canada Aid Package for Cuba
Canada announced Monday that it is working on an aid package for Cuba as it faces blackouts and severe fuel shortages worsened by a U.S oil embargo.
Russian “Shadow Fleet” Tanker Seized
Two employees of a Russian private security company were aboard a suspected Russian “shadow fleet” tanker seized by France in September, an informed French source and a lawyer told AFP on Monday. The two men were employed by Moran Security Group, a Russian private security company, and were tasked with monitoring the crew and gathering intelligence, a source with knowledge of the matter said on condition of anonymity.