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Month: May 2021

Category:
  • India

India’s COVID-19 cases dip from peak, calls for shutdown mount

Calls grew for India to impose a nationwide lockdown as new coronavirus cases and deaths held close to record highs on Monday, increasing pressure on the government of Prime Minister Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • Pipelines
  • USA

Hacked Pipeline May Stay Shut for Days, Raising Concerns About Fuel Supply

The operator of the largest petroleum pipeline between Texas and New York, which was shut down after a ransomware attack, declined on Sunday to say when it would reopen, raising Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • Pipelines
  • USA

Ransomware Attack Shuts Down Biggest U.S. Gasoline Pipeline

The operator of the biggest gasoline pipeline in the U.S. shut down operations late Friday following a ransomware attack that threatens to roil energy markets and upend the supply of Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • Pipelines
  • USA

U.S. Pipeline Shutdown Exposes Cyber Threat to Energy Sector

The ransomware attack that forced the closure of the largest U.S. fuel pipeline this weekend showed how cyber criminals pose a far-reaching threat to the aging, vulnerable infrastructure that keeps the Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • Pipelines
  • Prices

Pipeline Hack May Push U.S. Pump Prices to $3 Ahead of Holiday

U.S. gasoline prices may surge to their highest since 2014 even faster than previously expected as a cyberattack disrupts operations on the nation’s biggest oil fuel pipeline. The national average stood Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • Pipelines
  • USA

Experts say cyberattack on US pipeline is a wake-up call

The shutdown of a vital U.S. pipeline because of a ransomware attack stretched into a third day Sunday, with the Biden administration saying an “all-hands-on-deck” effort is underway to restore Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • Prices

Average US price of gas jumps 6 cents per gallon to $3.02

 The average U.S. price of regular-grade gasoline jumped 6 cents over the past two weeks, to $3.02 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • Economy
  • USA

Higher Prices Leave Consumers Feeling the Pinch

Your browser does not support HTML5 video. At The Wall Street Journal’s CEO Council Summit, Janet Yellen expressed her confidence that the U.S. economy and employment will return to normal Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • International Oil Companies

Big Oil Eyes Wave Of Buybacks After Blowout Earnings

Crude oil futures have rallied to their highest finish in months, with WTI price climbing above $65 for the first time in two months after OPEC+ stuck with plans to Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • USA

Biden Cabinet Member Issues Clean Energy Warning

A member of President Biden’s Cabinet recently told oil companies what might happen to them if they fail to do something, and the admonition caught the attention of Rigzone’s downstream Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple

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