Pipeline

Jordan Says Fire in Four Oil Pipelines Put Out

A fire in four oil pipelines that feed Aqaba refinery has been put out, Jordan's state news agency said on Thursday.

Colonial Pipeline Recovering; Paid Almost $5 Million Ransom

After a six-day outage, the top U.S. fuel pipeline on Thursday moved some of the first millions of gallons of motor fuels after a crippling cyberattack led to fuel shortages across East Coast states.

U.S. Denies Dakota Access Oil Pipeline Stay Request

U.S. Court of Appeals for the District of Columbia Circuit on Thursday denied a request from operators of the Dakota Access oil pipeline for a stay, while they seek a Supreme Court review in the company's battle to keep the line open.

U.S. Waives Shipping Restrictions to Ease Fuel Crunch After Pipeline Hack

The U.S. government relaxed a long-standing maritime law protecting domestic shipping commerce to allow an undisclosed company to transport gasoline and diesel to ports in the East Coast after a cyberattack crippled the nation's largest fuel pipeline network.

Colonial Pipeline Begins Restart as Southeast U.S. Scrambles for Fuel

Colonial Pipeline said on Wednesday it has begun to restart the nation's largest pipeline network, six days after a ransomware attack prompted it to shut the line, triggering fuel shortages and panic buying in the southeastern United States.

Analysis: Cyberattack Exposes Lack of Required Defenses on U.S. Pipelines

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.

Fuel Shortages Worsen on Sixth Day of Top U.S. Fuel Pipeline Outage

Fuel shortages worsened in the southeastern United States on Wednesday, as the shutdown of the largest U.S. fuel pipeline network entered its sixth day and gasoline stations ran out of supply in some cities.

U.S. Energy Secretary: No Need to Hoard Fuel After Pipeline Outage

U.S. Energy Secretary Jennifer Granholm said on Tuesday there are no gasoline shortages in the wake of the Colonial Pipeline shutdown and that consumers should report any instances of price gouging of motor fuel.

Canada, U.S. Ties Could be Undermined if Michigan Shuts Pipeline

A day before Michigan's deadline to close down a key crude oil pipeline, Canada on Tuesday issued its strongest remarks so far, saying the move could undermine relations with the United States, its closest ally and trading partner.

Suncor to Develop Hydrogen Project in Alberta Amid Renewables Push

Suncor Energy will develop a clean hydrogen project near Fort Saskatchewan, Alberta, in one of the most significant steps taken by an oil sands producer to cut greenhouse gas emissions and tackle climate change.

U.S. Fuel Supplies Tighten as Pipeline Outage Enters Fifth Day

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 ahead of the summer driving season.

Venezuela Needs $58 Billion to Restore Crude Output to 1998 Levels

PDVSA estimated that $7.65 billion is needed for reviving pipelines, projects for gas injection to oilfields, terminals and refineries that are idled or underperforming due to lack of maintenance.

Traders Book Tankers in Europe to Ship Gasoline Across Atlantic after Colonial Shutdown

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.

Australia Commits $45 Million to Boost Gas Supply

The Australian government said it will commit A$58.6 million ($45.3 million) to boost gas supply, storage and pipeline capacity in its 2021-22 budget, due to be unveiled on Tuesday.

Hackers Say They're Seeking Cash as Top US Fuel Pipeline Down for 4th Day

A group of cybercriminals allegedly responsible for the ransomware attack that shut the largest fuel pipeline in the United States said on Monday it only wants to make money, not disrupt society, as Washington scrambled to help restore the network.

EXPLAINER: Colonial Pipeline Shutdown Could Raise U.S. Pump Prices

The largest U.S. fuel pipeline system, Colonial Pipeline, shut down on Friday after a cyber attack, prompting worries about a spike in gasoline and diesel prices ahead of the peak summer driving season if the outage does not end soon.

Colonial Pipeline Shuts Down after Cyber Attack

Top U.S. fuel pipeline operator Colonial Pipeline has shut its entire network, the source of nearly half of the U.S. East Coast's fuel supply, after a cyber attack that industry sources said was caused by ransomware.

Energy Transfer Expects $2.4 Billion Boost from Winter Storm

Energy Transfer LP expects to gain roughly $2.4 billion from Winter Storm Uri, which knocked out power and halted the distribution of natural gas in Texas to homes and businesses, company executives said.

Enbridge to Keep Great Lakes Pipeline Running, Defy Looming Michigan Shutdown Order

Canada's Enbridge Inc will continue to operate its Line 5 despite an order from the U.S. state of Michigan to shut down the crude oil pipeline next week, Chief Executive Al Monaco said.

TC Energy Posts C$1 Billion Quarterly Loss on Keystone XL Suspension

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.

How Drones Assist with Pipeline Inspections

The benefits of drone technology are especially apparent in large-scale infrastructure projects with high regulatory burdens and high consequences if something goes wrong.

Perspective: Methane Emissions Still Rising Quickly, a New UN Report Warns

As methane emissions are reduced, the world reaps several benefits quickly, for health as well as the climate. In most cases, the benefits of taking action far outweigh the cost – in fact many of them make money.

Results Show Billions in Profit from Texas Freeze for Gas and Power Sellers

Natural gas suppliers, pipeline companies and banks that trade commodities have emerged as the biggest market winners from February's U.S. winter blast that roiled gas and power markets, according to more than two dozen interviews and quarterly earnings reports.

Australia’s Western Gas, APA Group Studying Potential Gas Pipeline

Western Gas and APA Group are undertaking a development and marketing study to deliver Equus gas to Australian customers and markets via a 130-mile (210-km) offshore pipeline and a transcontinental pipeline, the companies announced.

Brazil's Petrobras Reopens Bidding for Golfinho Oilfields

Brazilian state-run oil company Petrobras has reopened bidding for its Golfinho offshore oilfield cluster following a rise in crude prices over the last several months.

Saudi Aramco Seeks $7.5 Billion Loan for Pipeline Investors

In late 2019, struggling Saudi Aramco (Aramco), the world’s largest oil company, completed the biggest initial public offering of shares to raise $25.6 billion, with additional shares sold, bringing the total raised to a hefty $29.4 billion.

Galaxy Pipelines Look to Expand Gas Pipeline Network in Abu Dhabi

Despite climate change, and uncertain futures for both demand and supply, some financial investors have become enthusiastic about gas pipelines.

PRCI Working to Ensure Sustainability Today and Tomorrow

PRCI has advanced the development of its research portfolio through the establishment of Strategic Research Priorities (SRP) that will have a key impact on our members and the pipeline industry.

Total and Papua New Guinea Government Remobilizing, Planning Papua LNG Project

France-based oil company Total and the government of Papa New Guinea announced the remobilization of the Papua LNG project after a year of delay caused by the Covid-19 pandemic.

Plains Raises Pipeline Transportation Earnings Forecast as Costs Decline

Plains All American Pipeline LP raised its forecast for 2021 transportation segment earnings, as lower operating costs helped offset a decline in volumes shipped on its pipelines.