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Gulf Coast Refiners, East Coast Consumers See Fallout from Colonial Pipeline Attack Industry Segment: Pipelines | Word Count: 702 Words Attachment: ColonialPipelineAttack0521 SUGAR LAND--May 11, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--It didn't take long for drivers along the U.S. East Coast to see the ripple effects of Friday's ransomware attack on the Colonial Pipeline, which shut down activity on the largest fuel-transportation system in the region. As of Tuesday morning, nearly 10% of gas stations in Virginia were out of fuel, according to Bloomberg, which quo...

Upcoming Webinar to Address Refining Capital & Maintenance Spending Industry Segment: Petroleum Refining | Word Count: 439 Words Attachment: Active Refining Projects SUGAR LAND--May 10, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--The COVID-19 pandemic sent refiners throughout the world into a tailspin as demand for gasoline, diesel and jet fuel plummeted. As businesses were starting to recover, along came Winter Storm Uri in the U.S., causing shutdowns of many facilities along the Texas and Louisiana Gulf Coast, where the majority of U.S. refining activity occurs. In ...

GFG Alliance Finance Crisis Jeopardizes $3.3 Billion in Steel and Aluminum Projects Industry Segment: Metals & Minerals | Word Count: 449 Words Attachment: A, Map SUGAR LAND--April 15 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--GFG Alliance (London, England) burst onto the scene just a few years ago with a series of acquisitions of distressed steel and aluminum assets. It was hailed as a beacon of hope for these assets, many of which were bankrupt, closed or facing financial uncertainty. That is all in question now as GFG's mounting financial problems came to a head w...

Cyberattack Shuts Down Colonial Pipeline, Largest U.S. Fuel Transport System Industry Segment: Pipelines | Word Count: 577 Words Attachment: ColonialPipelineAttack0521 SUGAR LAND--May 11, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Oil & Gas Pipeline Industry was left reeling over the weekend after a ransomware attack shut down activity on the Colonial Pipeline System, the nation's largest fuel pipeline and a major system along the East Coast. Some smaller lines on the system have resumed operations since the Friday's attack, but the owner, Colonial Pipeline ...

UPDATE: Colonial Pipeline Expects to Restore Some Service by Week's End Industry Segment: Pipelines | Word Count: 296 Words Attachment: ColonialPipelineAttack0521 SUGAR LAND--May 10, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Officials at Colonial Pipeline are expecting to begin to restore partial service to the pipeline by the end of this week. The nation's largest fuel pipeline was shut down on Friday following a ransomware attack. Login or Register for Instant Access This Premium Article can be purchased individually or as part of a subscription Subscribe Now!(All...