Midstream Archives - Page 15 of 116 -

Goodnight Midstream announces the execution of a 100 percent renewable energy contract with TXU Energy

June 7, 2021

Supports Goodnight Midstream’s Commitment to Significantly Reducing CO2 Emissions TXU Energy to Supply Goodnight with Clean Renewable Energy DALLAS, June 3, 2021 /PRNewswire/ — As part of its ongoing efforts to reduce greenhouse gas emissions, Goodnight Midstream LLC (“Goodnight”), a leading midstream produced-water infrastructure company, today announced that it has signed a 100 percent renewable energy contract with TXU Energy, a premier retail

U.S. approves Enable’s proposed Louisiana Gulf Run natgas pipeline

June 2, 2021

Reuters The U.S. Federal Energy Regulatory Commission (FERC) approved U.S. energy company Enable Midstream Partners LP’s request to build the Gulf Run natural gas pipeline in Louisiana, according to a filing made available on Wednesday. But in what has become a recurring theme in pipeline approvals, the FERC Commissioners differed on how the Commission should consider greenhouse gas emissions from

After Colonial attack, energy companies rush to secure cyber insurance

May 28, 2021

Nasdaq May 28 – U.S. energy companies are scrambling to buy more cyber insurance after this month’s attack on Colonial Pipeline COLPI.UL disrupted the U.S. fuel supply, but they can expect to pay more as cyber insurers plan to hike rates following a slew of ransomware attacks. The Colonial ransomware attack on May 7 shut the largest fuel pipeline network in the

Enbridge, Fluxys, EIG bid for Brazil’s top import pipeline, sources say

May 21, 2021

Reuters RIO DE JANEIRO/SAO PAULO – A consortium of Canada’s Enbridge, Belgium’s Fluxys and U.S. private equity firm EIG Global Energy Partners has submitted a non-binding offer for Brazil’s largest natural gas import pipeline, three people with knowledge of the matter told Reuters this week. Petroleo Brasileiro SA, as Brazil’s state-run oil company is formally known, put its stakes in

Energy expert Dan Yergin says the U.S. is looking for a way to ‘peel Russia back’ from China

May 20, 2021

CNBC The U.S. wants Russia to pivot away from China, and may be showing flexibility on sanctions as an “olive branch,” according to Daniel Yergin, vice chairman of IHS Markit. Washington on Wednesday imposed sanctions on some vessels and entities involved in the construction of the Nord Stream 2 pipeline that would bring natural gas from Russia to Germany. But

Colonial Pipeline paid hackers nearly $5 million in ransom

May 19, 2021

Bloomberg (Bloomberg) — Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on Friday, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline, according to two people familiar with the transaction. The company paid the hefty ransom in difficult-to-trace cryptocurrency within hours after

Germany confirms U.S. waiver on some Nord Stream 2 sanctions

May 19, 2021

Reuters BERLIN -The United States is waiving sanctions on the company behind Russia’s Nord Stream 2 pipeline to Europe and its chief executive, Germany said on Wednesday, giving Berlin and Washington three more months to resolve a long-standing row. The stand-off over the completion of the $11 billion venture, led by Russian state energy firm Gazprom, has strained ties at

Colonial Pipeline’s shipping communications system is down

May 18, 2021

Fox Business The communications system used by shippers on the Colonial Pipeline, which transports more than 100 million gallons of fuel per day, nearly half of the East Coast’s supply, has been knocked offline. “Our internal server that runs our nomination system experienced intermittent disruptions this morning due to some of the hardening efforts that are ongoing and part of our restoration

Colonial Pipeline ramps up as U.S. seeks to emerge from fuel crunch

May 14, 2021

Reuters WASHINGTON – Colonial Pipeline ramped up deliveries to fuel-starved markets up and down the East Coast on Friday following a nearly week-long outage caused by hackers, as Washington sought to reassure motorists that supplies would return to normal soon. The strike on the nation’s largest fuel pipeline was most disruptive cyberattack on record, triggering days of widespread panic buying

National gas average tops $3.02 a gallon as hacked pipeline slowly restarts

May 13, 2021

CNBC Gas prices have jumped more than 8 cents in the last week as the Colonial Pipeline shutdown disrupted a crucial artery in the U.S. petroleum industry. The company said it began to restart operations around 5 p.m. ET Wednesday evening, and said Thursday morning that “product delivery has commenced in a majority” of markets. Colonial Pipeline is aiming to

Oil drops on India’s COVID-19 crisis, pipeline resumption

May 13, 2021

CNBC Oil prices fell more than 2% on Thursday as India’s coronavirus crisis deepened and a key U.S. pipeline resumed operations, halting a rally that had lifted crude to an eight-week high after the IEA and OPEC forecast a rebound in global demand later in the year. Brent crude was down 2.4%, or $1.69, at $67.63 a barrel, after rising 1%

Colonial Pipeline paid hackers nearly $5 million in ransom – Bloomberg News

May 13, 2021

Reuters Colonial Pipeline paid nearly $5 million to Eastern European hackers on Friday after a crippling cyberattack that shut the largest fuel pipeline network in the United States, Bloomberg News reported, citing two people familiar with the transaction. The company paid the ransom in untraceable cryptocurrency within hours after the attack, according to the report. (bloom.bg/3hnngHz) Colonial Pipeline did not

Premium Content