Pipeline News

Source: Reuters

Blinken appeals to senators to move nominees stalled over Nord Stream 2 pipeline

Reuters


WASHINGTON – U.S. Secretary of State Antony Blinken appealed to the Senate on Tuesday to quickly confirm President Joe Biden’s nominees for national security-related positions, citing the ever-present risk of attacks.

“It is essential that we accelerate the process …

Source: Reuters

Ukraine warns Europe to be dependent on Russia for gas supply with Nord Stream 2

Reuters


The launch of Russia’s Nord Stream 2 gas pipeline will mean Europe will be solely dependent on Moscow-run pipelines as the Ukrainian route for gas delivery to Europe disappears, the head of Ukraine’s gas transit operator said.

Russia’s Gazprom …

Source: Reuters

German court order may delay Nord Stream 2 pipeline startup

World Oil


(Bloomberg) –Nord Stream 2 AG, the Gazprom PJSC-owned pipeline project to bring more Russian natural gas to Europe, risks delays after losing a court ruling imposing changes to its organization.

Source: Reuters

Germany vows sanctions if Russia uses Nord Stream 2 pipeline as a “weapon”

World Oil


(Bloomberg) – Chancellor Angela Merkel reinforced her vow to push for additional sanctions against Russia if the Kremlin uses the Nord Stream 2 gas pipeline linking Russia to Germany as a “weapon.”

The comments came two days after

Source: Reuters

Merkel defends U.S. Nord Stream 2 deal as Ukraine cries foul

Reuters


BERLIN/KYIV – German Chancellor Angela Merkel on Thursday defended a deal with the United States that allows the Nord Stream 2 gas pipeline to proceed as a pragmatic compromise, but Ukraine said it was too weak to ensure Russia …

Source: Fox Business

US, German deal on Russia’s Nord Stream 2 pipeline will ‘really undermine’ national security: Pompeo

Fox Business


Former Secretary of State Mike Pompeo slammed the Biden administration on Wednesday for the agreement with Germany, which would allow for the completion of the controversial Russian Nord Stream 2 natural gas pipeline, arguing that it would …

Source: Reuters

Kinder Morgan to purchase renewable natural gas developer Kinetrex Energy

$310 million acquisition includes two small-scale, domestic LNG production and fuel…

Source: Reuters

Biden, Merkel fail to resolve differences about Nord Stream 2 gas pipeline

Reuters


WASHINGTON – President Joe Biden and German Chancellor Angela Merkel failed on Thursday to settle their dispute over Russia’s Nord Stream 2 natural gas pipeline but said they agreed that Moscow must not be allowed to use energy as …

Source: Reuters

Germany loses Gazprom gas pipeline appeal as court sides with Poland

Nasdaq


BRUSSELS – Germany on Thursday lost its fight in Europe’s top court against a ruling limiting Gazprom’s GAZP.MM access to the OPAL pipeline that links the Russian gas producer’s Nord Stream pipeline to the country.

The case is part …

Source: Reuters

Brookfield sweetens offer for Canada’s Inter Pipeline to $6.85 billion

Reuters


Brookfield Infrastructure Partners raised its hostile offer for Inter Pipeline Ltd for a second time to about C$8.58 billion ($6.85 billion) as it battles a rival bid from Pembina Pipeline Corp.

Pembina has made an all-stock bid of about …

Source: Reuters

U.S. Supreme Court backs pipeline companies in New Jersey land dispute

Reuters


WASHINGTON  -The U.S. Supreme Court on Tuesday ruled in favor of a consortium of energy companies including Enbridge Inc seeking to seize land owned by New Jersey to build a $1 billion natural gas pipeline despite the state’s objections.…

June 29, 2021 - 12:30 pm Closing Bell Story‎, Energy News, Law, Pipeline News
Source: Reuters

Germany, U.S. seek to resolve Nord Stream 2 dispute by end August -Altmaier

Reuters


BERLIN  – The conservative and Greens candidates to succeed German Chancellor Angela Merkel after September’s federal election clashed on Thursday on the Nord Stream 2 gas pipeline from Russia, and on whether Germany should host U.S nuclear weapons.

In …

TC Energy confirms termination of Keystone XL Pipeline Project

TC Energy confirms termination of Keystone XL Pipeline Project

CALGARY, Alberta, June 09, 2021 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) …

Source: CNBC

U.S. recovers $2.3 million in bitcoin paid in the Colonial Pipeline ransom

CNBC


WASHINGTON — U.S. law enforcement officials said Monday they were able to recover $2.3 million in bitcoin paid to a criminal cybergroup involved in the crippling ransomware attack on Colonial Pipeline.

“Today we turned the tables on DarkSide,” Deputy …

Source: Reuters

U.S. to insist on ‘real steps’ to mitigate Russian pipeline impact

Reuters


U.S. Secretary of State Antony Blinken said on Tuesday that Washington was working with Germany to try to mitigate any effects of the completion of the Russian Nord Stream 2 natural gas pipeline.

He also indicated that more penalties …

Source: Reuters

Pembina Pipeline to buy 50% stake in Canada’s proposed Cedar LNG

Reuters


Pembina Pipeline Corp said on Tuesday it would buy a 50% stake in Canada’s proposed Cedar LNG Project to develop the floating liquefied natural gas facility in British Columbia in partnership with indigenous group, The Haisla Nation.

Pembina expects …

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

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

Supports Goodnight Midstream’s Commitment to Significantly Reducing CO2 Emissions

TXU Energy to Supply Goodnight with Clean Renewable Energy

DALLASJune 3, 2021 /PRNewswire/ — As part of its ongoing efforts to reduce greenhouse gas emissions, Goodnight Midstream LLC (“Goodnight”), …

Source: Reuters

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

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 …

Source: Nasdaq

After Colonial attack, energy companies rush to secure cyber insurance

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

Source: Reuters

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

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 …

Source: CNBC

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

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 …

Source: Reuters

Colonial Pipeline paid hackers nearly $5 million in ransom

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, …

Source: Reuters

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

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

Source: Reuters

Colonial Pipeline’s shipping communications system is down

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 …

Source: Reuters

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

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.…

Source: CNBC

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

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 …

Source: CNBC

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

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 …

Source: Reuters

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

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

Source: Reuters

Analysis-Cyberattack exposes lack of required defenses on U.S. pipelines

Reuters


WASHINGTON -The shutdown of the biggest U.S. fuel pipeline by a ransomware attack highlights a systemic vulnerability: Pipeline operators have no requirement to implement cyber defenses.

 

The U.S. government has had robust, compulsory cybersecurity protocols for most of …

Source: Reuters

U.S. fuel supplies tighten as pipeline outage drags on

Reuters


Supplies of gasoline tightened further in parts of the United States on Tuesday as the shutdown of the nation’s biggest fuel pipeline by hackers entered its fifth day, raising concern about price spikes at the pumps heading into the …