Brookfield Infrastructure Partners and its institutional associates agreed to acquire Colonial Enterprises, the operator of the biggest U.S. fuel pipeline, in a $9 billion deal.
April 4, 2025Colonial Pipeline News Updates
Brookfield to Buy Colonial Pipeline Owner in $9 Billion Deal
Exxon, Trafigura Protest Colonial Pipeline Changes
Commodities trading giant Trafigura joined oil majors Exxon Mobil and Chevron in protesting operational changes to Colonial Pipeline’s 5,500-mile fuel network.
March 21, 2025Brookfield Leads Race to Acquire Colonial Pipeline
The investment firm is seen as the strongest contender after final offers were submitted the week of March 10, advancing past rival infrastructure funds and potential strategic buyers.
March 19, 2025Colonial Shuts Largest US Gasoline Pipeline Over Leak
Colonial Pipeline Co. shut the largest U.S. fuel pipeline Jan. 14 to investigate a potential leak in Georgia.
January 14, 2025Colonial Pipeline Weighs Bids for Potential $10B Sale
The Alpharetta, Ga.-based company is working with advisers as it seeks to gauge interest from potential buyers, according to sources who asked not to be named.
October 29, 2024House Transportation Policymakers Recommend Additional Pipeline Security
The leaders of the transportation committee in the U.S. House of Representatives pressed federal agencies to continue their robust response and review of cybersecurity operations months after a cyberattack disrupted a major petroleum pipeline.
December 2, 2021Colonial Pipeline Resumes Operations After Shutdown for Ida
Colonial Pipeline Co., a vital fuel transporter in the Southeast U.S., has restored operations following a temporary shutdown during Hurricane Ida, likely alleviating concerns about a new round of gas shortages in the region.
August 31, 2021Colonial Pipeline Sued for Gas Crisis From Ransomware Attack
Colonial Pipeline Co. was sued by a gas station seeking to represent thousands more over the ransomware attack in May that paralyzed the U.S. East Coast’s flow of gasoline, diesel and jet fuel.
June 22, 2021Lawmakers Chide Colonial Pipeline for Weak Cybersecurity
U.S. lawmakers criticized Colonial Pipeline Co.’s cybersecurity practices as the company’s CEO faced his second day of questioning on Capitol Hill.
June 9, 2021Colonial Pipeline CEO Defends Cyberattack Response
The chief executive officer of the pipeline company hit by a ransomware attack last month apologized to a U.S. Senate panel for the incident that paralyzed the East Coast’s flow of gasoline, diesel and jet fuel, while defending his company’s response and offering tips for future hacking victims.
June 8, 2021Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics