Axios

The Colonial Pipeline provides around 45% of the fuel used between Florida and Maine, transporting over 100 million gallons per day. But over the weekend, a ransomware attack caused the entire pipeline to shut down.

Axios Re:cap digs into what we know about this attack, what it tells us about U.S. energy vulnerability, and what it means for transportation in the short term with energy expert Amy Myers Jaffe.

The FBI confirmed in a statement Monday that a professional cybercriminal group called DarkSide was responsible for a ransomware attack on the Colonial Pipeline network, which provides roughly 45% of the fuel used on the East Coast.

The latest: President Biden said at a press briefing that there is no evidence so far to indicate that Russia was involved in the attack, although he plans to meet with Russian President Vladimir Putin soon. Officials previously said no countries are being blamed for the attack.

Colonial Pipeline, a huge network that supplies eastern states with gasoline, diesel and other products, is shut down thanks to a major ransomware attack disclosed over the weekend.

Why it matters: Colonial is the largest refined products pipeline network in the country, transporting over 100 million gallons per day.

The U.S. International Development Finance Corp. (DFC) on Monday announced its first "chief climate officer" and his deputy as the development bank looks to use billions in financing tools to help combat global warming.

Driving the news: The chief climate officer is Jake Levine, an energy and climate expert who arrives via the law firm Covington & Burling.

The Biden administration said it's "working with" fuel pipeline operator Colonial Pipeline to try and restart operations after a ransomware attack took it offline.

Why it matters: Friday night's cyberattack is "the most significant, successful attack on energy infrastructure" known to have occurred in the U.S., notes energy researcher Amy Myers Jaffe, per Politico.

Royal Dutch Shell CEO Ben van Beurden wants a seat at the table to fight climate change, and wants the public and policy makers to believe the oil and gas company is serious about shifting its massive business. 

Why it matters: The problem is, “in many parts of society, everything we say is wrong,” he tells “Axios on HBO.”

President Biden will discuss his infrastructure proposal with Sen. Tom Carper (D-Del.), chairman of the Senate Environmental and Public Works Committee, during a meeting at the White House on Monday, two sources tell Axios.

Why it matters: This is a big week for Biden to advance his $2.3 trillion "American Jobs Plan." Congress will return to the Capitol following a weeklong recess, and the focus of most conversations within the Capitol will be squarely on whether both parties can strike a bipartisan deal.

Remnants of the Long March-5B Y2 rocket re-entered Earth's atmosphere over the Indian Ocean near the Maldives, officials in China announced Sunday morning Beijing time.

Details: Most of the rocket's debris burned up during the uncontrolled re-entry, the China Manned Space Engineering Office (CMSEO) said in a social media post. NASA administrator Bill Nelson accused China's government in a statement Saturday of "failing to meet responsible standards regarding their space debris."