Heating Oil News

• Largest U.S. fuel pipeline vows to recover from hack in days 05/10/2021
  North America’s biggest petroleum pipeline may take several more days to recover from a cyberattack that forced it to halt shipments of gasoline and other fuels, raising the specter for shortages if ...
• Oil ends pennies higher as traders weigh impact of Colonial Pipeline cyberattack 05/10/2021
  Oil futures end a few pennies higher on Monday after a ransomware attack forces the shutdown of pipelines supplying around 45% of fuel to the East ...
• Americans ill-prepared for cybersecurity threats | COMMENTARY 05/10/2021
  Latest ransomware attack threatening Colonial Pipeline needs to be a wakeup call to government and industry to harden computer security.
• Champion Oil Launches Tire Shine Foam Protectant 05/10/2021
  Champion, a globally recognized industry leader in specialty products for over 65 years, recently has launched an aftermarket spray as the perfect solution for getting tires looking their best with a ...
• Pipeline shutdown could jump gas prices even more 05/10/2021
  Gas prices in the Carolinas have increased significantly on the week, as the Colonial Pipeline outage threatens pump prices and possibly supply.
• What we know about the pipeline ransomware attack: How it happened, who is responsible and more 05/10/2021
  One of the largest US fuel pipelines remained largely paralyzed Monday after a ransomware cyberattack forced the temporary shutdown of all operations late last week — an incident that laid bare ...
• Venezuela needs $58 bln to restore crude output to 1998 levels -document 05/10/2021
  Venezuelan state oil company PDVSA would need $58 billion in investment to revive its crude production to the levels of 1998 before ex-President Hugo Chavez came to power, equivalent to 3.4 million ...
• Big Oil Is In Desperate Need Of New Discoveries 05/10/2021
  Year after year of capex and exploration budget cuts have resulted in fast shrinking proven reserves for most big oil companies, and unless these oil giants start to ramp up investment, we may see res ...
• TSX rises as materials, energy boost 05/10/2021
  The energy sector also rose 1% as oil prices gained after a cyberattack forced the shutdown of major fuel pipelines in the United States and raised concerns about supply disruption, outweighing rising ...
• US pipeline cyberattack is a 'wake up call' for America 05/10/2021
  By Matt Egan, CNN Business Neil Chatterjee, a top federal energy regulator, is calling on energy CEOs to step up their cyber defenses following a ransomware attack that knocked one ...
• Colonial Pipeline attack spotlights risks of geographically dispersed networks in an industry that is ‘far behind’ 05/10/2021
  The ransomware attack on Colonial Pipeline spotlights the unique cybersecurity risks associated with geographically distributed networks.
• Colonial Pipeline aims to restore operations by end of the week after cyberattack 05/10/2021
  Meanwhile, the hacker group DarkSide said a statement that its goal is "to make money, and not creating problems for society".