Pipeline News

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 …

CorEnergy announces first quarter 2021 results, dividends

CorEnergy announces first quarter 2021 results, dividends

CorEnergy Infrastructure Trust, Inc. (“CorEnergy” or the “Company”) today announced fin…

Source: Reuters

Traders book tankers in Europe to ship gasoline across Atlantic after Colonial shutdown

Reuters


LONDON – Traders provisionally booked at least six tankers to ship gasoline from Europe to U.S. destinations following a cyber attack that shut the United States’ top fuel pipeline network, Refinitiv Eikon data showed on Monday.

The attack forced

Source: CNBC

Oil gains after cyberattack forces shutdown of U.S. fuel pipelines

CNBC


Oil rose on Monday after major U.S. fuel pipeline operator Colonial Pipeline had to shut fuel pipelines due to a cyberattack, raising concerns about supply disruption and pump price increases.

 

Colonial Pipeline said on Sunday its main fuel …

Source: Reuters

Top U.S. fuel pipeline down for fourth day as hackers issue statement

Reuters


NEW YORK  – The U.S. government and the top fuel pipeline operator in the United States on Monday worked to secure the network that transports nearly half of the East Coast’s fuel supplies, as the group suspected of a …

Source: Reuters

TC Energy posts C$1 billion quarterly loss on Keystone XL suspension

Reuters


Canadian pipeline operator TC Energy on Friday swung to a loss in the first quarter, hit by C$2.2 billion ($1.81 billion) impairment charges related to the suspension of its Keystone XL pipeline project.

The pipeline was planned to carry …

Source: Reuters

BP Midstream offshore pipeline volumes rise 12%, onshore levels lag in first quarter

Reuters


NEW YORK – BP Midstream Partners LP BPMP.N offshore pipeline volumes increased by 12% in the first financial quarter, but onshore oil and refined products pipeline demand lagged, company executives said on Thursday.

Overall, the amount of crude oil …

Source: Reuters

North Carolina again denies permit for Mountain Valley gas pipe extension

Reuters


The North Carolina Department of Environmental Quality (DEQ) again denied Mountain Valley Pipeline’s (MVP) request for a water permit for its proposed Southgate natural gas pipeline project from Virginia to North Carolina.

The DEQ first denied the request in …

Source: Reuters

Frustrated Canada presses White House to keep Great Lakes oil pipeline open

Reuters


OTTAWA/NEW YORK – Canada is pushing on several diplomatic fronts against the U.S. state of Michigan’s efforts to close a cross-border oil pipeline, the second such dispute since Joe Biden became U.S. president in January, complicating the governments’ efforts

Source: Reuters

U.S. appeals court denies Dakota Access rehearing request, environmental review to continue

Reuters


NEW YORK – A U.S. appeals court on Friday denied Dakota Access LLC’s petition for a rehearing on a court decision to cancel a key permit for its oil pipeline, court documents show.

The decision by the United States …

Source: Fox Business

Pipeline owner: Shutdown would cause dire financial effects

Fox Business


The owner of the Dakota Access pipeline that moves oil from North Dakota to Illinois says shutting down the line would have dire financial consequences based on recent economic conditions.

 

Texas-based Energy Transfer said in its filing …

Source: Reuters

Exclusive: Aramco pipeline investors to refinance loan with bonds next year – sources

Reuters


DUBAI – EIG Global Energy Partners will lead a yet-unnamed consortium to issue billions of dollars in bonds across two or three transactions to replace bank debt backing an investment in Saudi Aramco’s oil pipeline assets, two sources said.

Source: Reuters

TC Energy requests info on renewable energy proposals for its U.S. pipelines

Reuters


CALGARY, Alberta – Canada’s TC Energy on Monday requested information from around 100 renewable development companies to identify wind energy investment opportunities that would generate 620 megawatts of electricity for its U.S. pipeline business.

The capital investment could total …

Source: Reuters

Texas oil pipelines face dry months as production languishes

Reuters


NEW YORK -Nearly half of all oil pipelines from the Permian basin, the biggest U.S. oilfield, are expected to be empty by the end of the year, analysts and executives said.

Pipeline companies went on a construction spree throughout …

Source: Reuters

Fate of Dakota Access pipeline at stake at Friday court hearing

Reuters


NEW YORK – The fate of the Dakota Access pipeline could be decided at a U.S. court hearing Friday, where federal regulators could set in motion a months-long shutdown of the line while the Biden Administration completes an environmental …

Source: Fox Business

Ex-Energy Sec. Brouillette: Biden’s pipeline problem goes from bad to worse with Nord Stream 2 vs. Keystone

Fox Business


Just two months into the Biden presidency and we are witnessing a remarkable juxtaposition on the issue of energy security that could have profound and serious implications both at home and abroad.

It was almost two years ago, …

Source: Reuters

Gazprom chairman says Nord Stream 2 gas pipeline to be finished this year despite U.S. pressure – TASS

Reuters


MOSCOW  – The chairman of Russian gas producer Gazprom’s board was cited by the TASS news agency on Friday as saying that construction of the Nord Stream 2 gas pipeline to Germany would be completed this year despite U.S. …