Colonial Pipeline Explores Sale Valued Over $10 Billion Amid Market Transformation

In a significant shift within the energy sector, Colonial Pipeline Company is seriously considering the sale of its operations. The pipeline, which plays a critical role in transporting fuel across the eastern United States, is expected to be valued at upwards of $10 billion. This potential transaction comes at a time of transformative changes within the energy markets, driven by increasing regulatory pressures and shifts toward renewable energy sources.

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