News

Colonial's pipeline system stretches over 5,500 miles from Houston in Texas to New York's harbor. It moves 100 million gallons of fuel daily, including gasoline, jet fuel, diesel and heating oil ...
CDPQ acquired its stake from Houston-based ConocoPhillips (NYSE: COP) for $850 million in 2012, according to Reuters. The Koch subsidiary, IFM Investors and KKR acquired their respective holdings in ...
March 31 (Reuters) - Brookfield Asset Management (BAM.TO), opens new tab is putting the final touches on a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation system ...
“You could not replicate the Colonial pipeline system today.” While dealmaking in the midstream sector has been mostly small scale, there are signs that’s changing. ONEOK Inc. agreed last ...
including the Colonial Pipeline, in a deal valued at ~$9B, inclusive of debt. Colonial comprises the largest refined products system in the U.S., spanning approximately 5,500 miles between Texas ...
Then in 2021, Colonial Pipeline paid $4.4 million in ransom payment to get its system back online following a ransomware attack that shut the pipeline down, once again prompting price hikes.
Among the issues FERC suspended was the elimination of overlapping grades of gasoline on Colonial's system by only shipping ... Multiple shippers on the pipeline have argued that the movement ...
April 3 (Reuters) - Brookfield Infrastructure Partners (BIP.N), opens new tab is buying Colonial Pipeline, the largest U.S. fuel transportation system, in a deal valued at about $9 billion ...
Brookfield Asset Management is putting the final touches on a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation system, for more than $9 billion including debt, people familiar ...
Brookfield Infrastructure Partners is buying Colonial Pipeline, the largest U.S. fuel transportation system, in a deal valued at about $9 billion, including debt, the company said on Thursday. The ...