The Biden administration is poised to issue new cybersecurity regulations for pipelines and liquefied natural gas facilities in the aftermath of the April hack that temporarily paralyzed the nation’s biggest liquid fuel conduit.
Oil fell as traders monitored the worsening fallout from the closure of the largest U.S. oil-products pipeline, and looked ahead to OPEC’s latest analysis of global supply and demand.
A key pipeline that supplies petrol to the southern US is set to be shut down in the wake of Hurricane Harvey.
The US National Transportation Safety Board has opened an investigation into the Colonial Pipeline Co accident in Alabama.
Colonial Pipeline Co. has delayed until Sunday the expected restart of the largest U.S. fuel pipeline, which was shut earlier this week by an explosion and fire in Alabama.
A 40-inch-wide pipeline that snakes its way from the oil-soaked Gulf Coast to the tank farms of northern New Jersey carries a quarter of the gasoline used by East Coast motorists.
The biggest fuel pipeline in the U.S. shut its mainlines Monday after an explosion and fire in Alabama that killed at least one person. Gasoline futures surged and U.S. refiner stocks gained.
The partial shutdown of a major pipeline has disrupted gas supplies to America’s south-east states, pushing prices up in the region, a new report said.