Tag Archives: pipeline

Citing two anonymous sources said to be familiar with the transaction, Bloomberg first reported on Thursday that Colonial coughed up just shy of $5 million worth of cryptocurrency to hackers sometime after it was hit by a major cyber attack earlier this month, causing a full-scale shutdown of the country’s largest …

The attack naturally led to higher gasoline prices and a run on gas as drivers worried about looming shortages while Colonial Pipeline Co. worked to restart the flow of fuels. Yet the higher prices at the pump and a possible shortage of fuel supplies are the smaller problem. It is, after all, …

The company reopened its pipelines on Wednesday evening around 5pm ET, saying that while it will pump out as much diesel, gasoline and jet fuel as it can, supply chain disruptions caused by the shutdown will take time to sort out.  “Following this restart, it will take several days for …

Videos purportedly of the blaze showed huge flames coming from what appeared to be a large oil tank, with the first reports of the incident emerging on Tuesday afternoon. Firefighters tackled the fire in the coastal city of Ashkelon, according to local media, while Haaretz reporter Almog Ben-zikri later said …

A ransomware attack on Friday shut down a 5,500-mile gasoline and diesel pipeline that supplies nearly half of the fuel supply of the entire US East Coast. Operated by the Colonial Pipeline Company, the vital fuel artery normally transits 100 million gallons per day from Texas all the way to …

A ransomware attack on Friday shut down a gasoline and diesel pipeline running 5,500 miles along the entire US East Coast. Operated by the Colonial Pipeline Company, the vital fuel artery normally transits 100 million gallons per day from Texas all the way to New York. The Biden administration responded …

Meeting in Brussels on Wednesday, the European Parliament weighed two separate sets of remarks relating to Russian energy policies. These remarks encapsulated the diverging European views over the implications of Nord Stream 2, a Russia-to-Germany underwater natural-gas pipeline system being built in the Baltic Sea.  One view is that the …

The motion, put forward by representatives of some of the assembly’s largest political groupings, says that recent rows with Moscow over the buildup of troops on the border with Ukraine and the jailing of Russian opposition figure Alexey Navalny shows the need for tough action against the country. However, due …

According to the report, Amos Hochstein, who served as the special envoy and coordinator for international energy affairs under President Barack Obama and was a close adviser and confidant to then-Vice President Joe Biden, was informally offered the role by National Security Advisor Jake Sullivan late last month and is …

According to Moscow news agency TASS, Nord Stream 2 AG’s branch director, Andrey Minin, claimed that the last three months have seen a growth in military presence in the area. “After the resumption of Nord Stream 2 offshore construction in January 2021, there has been an increase in activity of …