BP's Olympic Pipeline Shutdown Impacts Refined Product Supplies

BP plc BP, the London-listed oil and gas major, has shut down its Olympic Pipeline system after identifying a leak in the pipeline, following which jet fuel supplies to the Seattle-Tacoma airport have been affected. BP’s Olympic Pipeline spans 400 miles from northern Washington to Oregon. It transports refined petroleum products like gasoline and jet fuel to the Seattle-Tacoma International Airport.

BP mentioned in its statement that it has deployed its crew to investigate and determine the source of the leak. The crew members have, however, not been able to identify the source of the leak yet. The company has not provided a specific time frame for resuming pipeline operations. The leak was first identified on Nov. 11, 2025, near Everett, WA. BP briefly restarted one of the two pipelines east of Everett to detect the source of the leak. However, the system was again shut down soon after. The company is working with state authorities to determine the cause of the leak. BP also mentioned that the total amount of refined product that has leaked is being assessed.

Notably, the pipeline outage has created operational challenges for airlines during the busy Thanksgiving week. Several airlines, including Alaska Airlines and Delta Air Lines, were compelled to implement alternatives at the Seattle-Tacoma airport to reduce the impact and maintain flight operations during the busy travel week despite constrained fuel supplies.

BP Zacks Rank and Key Picks

BP currently carries a Zacks Rank #3 (Hold).

Some top-ranked stocks from the energy sector are Oceaneering International OII, Canadian Natural Resources Ltd. CNQ and FuelCell Energy FCEL. While Oceaneering and Canadian Natural Resources currently sport a Zacks Rank #1 (Strong Buy) each, FuelCell carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Oceaneering International delivers integrated technology solutions across all stages of the offshore oilfield lifecycle. The company is a leading provider of offshore equipment and technology solutions to the energy industry. OII’s proven ability to deliver innovative, integrated solutions supports ongoing client retention and new business opportunities, ensuring steady revenue growth.

Canadian Natural Resources is one of the largest independent energy companies in Canada engaged in the exploration, development and production of oil and natural gas. The company boasts a diversified portfolio of crude oil, natural gas, bitumen and synthetic crude oil. It has delivered 25 consecutive years of dividend increases, one of the longest streaks among global oil producers.

FuelCell Energy is a clean energy company offering low-carbon energy solutions. It produces power using flexible fuel sources such as biogas, natural gas and hydrogen. The company designs fuel cells that generate electricity through an electrochemical process that combines fuel with air, reducing carbon emissions and minimizing the environmental impact of power generation. As such, FCEL is anticipated to play a crucial role in the energy transition by enabling industries and communities to shift from traditional fossil fuels to low-carbon alternatives.

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This article originally published on Zacks Investment Research (zacks.com).

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