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Colonial Pipeline history
Colonial Pipeline company history timeline
Gallons of fuel oil spilled when a section of the Colonial Pipeline broke in Chattanooga, Tennessee, in 1979: 300,000
Gallons of fuel oil that spilled into South Carolina's Little Durbin Creek and the Enoree River when a section of the Colonial Pipeline ruptured in 1991: 550,200
Amount of fuel oil spilled into Virginia's Sugarland Run Creek and the Potomac River when another section of the Colonial Pipeline ruptured in 1993: over 400,000
In 1996, after a break in another section of the Colonial Pipeline that the company knew to be weak, gallons of toxic diesel fuel that spilled into South Carolina's Reedy River: nearly 1 million
In 2001, it moved its headquarters and, at the time, about 300 employees, to Alpharetta.
As shale exploration and production boomed beginning around 2005, refineries on the Gulf Coast had easy access to natural gas and oil produced in Texas.
The $1-billion project, once slated for completion in 2010, ran into questions about demand and rising prices.
In 2016, leaks and a fire caused problems on a line in Alabama that cut into supplies in metro Atlanta and prices spiked at local gas pumps.
The company suspended the project more than a decade ago, and in 2016 a Colonial spokesman said the project “was no longer viable,” according to an Atlanta Journal-Constitution story at the time.
Date on which a mining inspector in Alabama's Shelby County detected a gasoline odor on mining property, leading to the discovery of a leak from the 53-year-old Colonial Pipeline, which carries refined petroleum products from Houston to New Jersey: 9/9/2016
Colonial’s current owners include CDPQ Colonial Partners, L.P., IFM (US) Colonial Pipeline 2, LLC, KKR-Keats Pipeline Investors, L.P., Koch Capital Investments Company, LLC and Shell Midstream Operating, LLC. Joe Blount has served as Colonial’s CEO since the fall of 2017.
When Hurricane Harvey hit Texas in 2017, damaging refineries, Colonial Pipeline shipments to the Northeast were suspended for nearly two weeks.
While gasoline consumption is expected to rise this year, it is still forecast to be below 2019′s level, according to the United States Energy Information Agency.
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Colonial Pipeline competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Explorer Pipeline | 1970 | $200.0M | 207 | 8 |
| Buckeye Partners | 1886 | $4.1B | 1,870 | 33 |
| Magellan Midstream Partners | 2000 | $3.2B | 1,300 | - |
| Summit Midstream Partners | 2009 | $458.9M | 209 | 15 |
| American Midstream | 2009 | $772.4M | 344 | - |
| Crestwood Equity Partners | 2001 | $6.0B | 645 | - |
| NuStar Energy | 2001 | $1.6B | 1,267 | 88 |
| Kinder Morgan | 1997 | $15.1B | 11,012 | 197 |
| Kerr-McGee | - | $465.6M | - | - |
| BP America Inc | 1909 | $164.2B | 70,100 | 59 |
Colonial Pipeline history FAQs
Zippia gives an in-depth look into the details of Colonial Pipeline, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Colonial Pipeline. The employee data is based on information from people who have self-reported their past or current employments at Colonial Pipeline. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Colonial Pipeline. The data presented on this page does not represent the view of Colonial Pipeline and its employees or that of Zippia.
Colonial Pipeline may also be known as or be related to Colonial Pipeline and Colonial Pipeline Company.