Colonial Pipeline: A Vital Artery for Fuel [The New York Times]
ConocoPhillips (COP)
Last conocophillips earnings: 4/30 07:00 am
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Source: The New York Times
HOUSTON — The operator of a vital fuel pipeline stretching from Texas to New Jersey, shut down for days after a ransomware attack, said Monday that it hoped to restore most operations by the end of the week.Federal investigators said the attackers aimed at poorly protected corporate data rather than directly taking control of the pipeline, which carries nearly one-half of the motor and aviation fuels consumed in the Northeast and much of the South.The operator, Colonial Pipeline, stopped shipments apparently as a precaution to prevent the hackers from doing anything further, like turning off or damaging the system itself in the event they had stolen highly sensitive information from corporate computers.Colonial said it was reviving service of segments of the pipeline “in a stepwise fashion” in consultation with the Energy Department. It said the goal of its plan was “substantially restoring operational service by the end of the week.” The company cautioned, however, that “this situati
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COP
Earnings
- 2/8/24 - Beat
COP
Sec Filings
- 4/17/24 - Form PX14A6G
- 4/17/24 - Form 4
- 4/2/24 - Form 4
- COP's page on the SEC website