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Dec 31, 2023 · The Colonial Pipeline is one of the largest pipeline systems for refined oil products in the U.S. It is operated by the Colonial Pipeline Company, which is headquartered in Alpharetta, Georgia and was founded in 1961.
- Pipelines
- United States
- February 2007
- Energy
As a trusted partner in the communities we serve, Colonial provides gasoline, diesel, jet fuel, and heating oil for more than 50 million Americans on a system that includes 5,500 miles of pipeline, as well as tank farms, terminals, and other critical energy infrastructure across 14 states.
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May 12, 2021 · The other current owner of the pipeline is IFM Investors, an investment firm owned by a group of Australian pension funds, with a 15.8% stake in Colonial Pipeline.
- 3 min
May 14, 2021 · Colonial Pipeline, part-owned by IFM Investors, reportedly paid a ransom of $6.5 million in cryptocurrency to restart the crippled US oil pipeline.
May 12, 2021 · Profitability trumped resiliency for Colonial’s owners: Koch Industries, the Quebec Deposit and Investment Fund (which manages public pensions), Shell Pipeline and Australia’s IFM, a private ...
May 10, 2021 · Colonial Pipeline, the Alpharetta-based company hit by a cyberattack that threatens fuel supplies on the U.S. East Coast, has long been a quiet presence in metro Atlanta.
The Colonial Pipeline is the largest pipeline system for refined oil products in the U.S. The pipeline – consisting of three tubes – is 5,500 miles (8,850 km) long and can carry 3 million barrels of fuel per day between Texas and New York.
