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Gas pumps run dry in U S south as pipeline shutdown bites

Gas pumps run dry in U.S. South as pipeline shutdown bites By Jeffrey Bair and Jill R. Shah on 5/11/2021 (Bloomberg) — Motorists across a broad swath of the U.S. East Coast and South are struggling to find gasoline and diesel as filling stations run dry amid the unprecedented pipeline disruption caused by a criminal hack. From Virginia to Louisiana, convenience stores and corner gas stations are turning away customers as tanks tap out amid panic buying. The White House relaxed some environmental rules in a bid to allow gasoline to flow in from other parts of the country. One Washington D.C.-area fuel distributor warned that “catastrophic” shortages are imminent and called on government officials to order school buses to stay off the roads. Four days into the crisis, Colonial Pipeline Co. has only managed to restart a small segment of the pipeline as a stopgap measure and doesn’t expect to be able to substantially restore servic

Gas Stations Run Dry As Pipeline Hacking Will Take Days To Fix

May 13 2021, 3:04 PM May 11 2021, 3:38 PM May 13 2021, 3:04 PM (Bloomberg) Gasoline stations and terminals from Florida to New Jersey are running dry as shortages worsen five days into the shutdown of the biggest U.S. fuel pipeline. (Bloomberg) Gasoline stations and terminals from Florida to New Jersey are running dry as shortages worsen five days into the shutdown of the biggest U.S. fuel pipeline. As the Colonial Pipeline system hit by a cyberattack and forced to shut on May 7 struggles to recover, fuel terminals are being drained. In parts of the U.S. South, three in every four gas stations have run dry, while in Washington, D.C., cars are lined up for blocks as they wait to fill up. U.S. pump prices have topped $3 a gallon for the first time in six years.

Liberty lands a pair of offshore blocks in Australia

5 May 2021 4:31 GMT Updated  5 May 2021 4:31 GMT US company Liberty Petroleum has been awarded two offshore exploration blocks in Australia s Gippsland basin. Blocks Vic/P77 and Vic/P78 were awarded to Liberty on a 100% basis on 15 April 2021 by Australia s National Offshore Petroleum Titles Authority. Sign up for our new energy transition newsletter Gain valuable insight into the global oil and gas industry s energy transition from Accelerate, the new weekly newsletter from Upstream and They were released as Areas V19-6 and V19-7 in Australia s 2019 offshore licensing round. In Block Vic/P77, Liberty has proposed a A$92.1 million work programme over six years including one exploration well by 14 April 2025.

How U S Risk-Takers Took a Gamble on Somalia s Oil — Then Vanished

A view of Somalia s capital, Mogadishu, from the sea. Credit: MDart10 / Shutterstock.com A few days into the New Year, armed Somali intelligence officials were seen escorting guests into three bullet-proof cars at Mogadishu’s Aden Adde International airport. An unusual quiet stretched through the capital’s normally busy main streets as the convoy snaked through cordoned-off roads towards Somalia’s presidential palace.  Local and international media reported that two foreign companies were arriving in Mogadishu to sign a “secret” historic oil deal with the Federal Government of Somalia (FGS), the first agreement of this kind since civil war erupted in the country in 1991. Opposition politicians wrote a letter to the president that warned against the “dangerous agreement” which they said raised concerns over transparency just a month ahead of the country’s first “one person, one vote” election since 1969.

How U S Risk-Takers Took a Gamble on Somalia s Oil — Then Vanished

A view of Somalia s capital, Mogadishu, from the sea. Credit: MDart10 / Shutterstock.com A few days into the New Year, armed Somali intelligence officials were seen escorting guests into three bullet-proof cars at Mogadishu’s Aden Adde International airport. An unusual quiet stretched through the capital’s normally busy main streets as the convoy snaked through cordoned-off roads towards Somalia’s presidential palace.  Local and international media reported that two foreign companies were arriving in Mogadishu to sign a “secret” historic oil deal with the Federal Government of Somalia (FGS), the first agreement of this kind since civil war erupted in the country in 1991. Opposition politicians wrote a letter to the president that warned against the “dangerous agreement” which they said raised concerns over transparency just a month ahead of the country’s first “one person, one vote” election since 1969.

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