PORTLAND, Maine (AP) — A lawyer for relatives of most of the 47 people killed in an oil train derailment in Canada described a Canadian railroad's refusal to contribute to a settlement fund as "reprehensible" and vowed to pursue a lawsuit.
Canadian Pacific contends it bears no responsibility for the fiery disaster in Lac Megantic, Quebec, in 2013 and puts the blame squarely on the railroad whose runaway train derailed.
WARRI, Nigeria (AP) — Shell Nigeria says armed militants attacked an oil flow station in the southern Delta and killed a guard, amid fears of a renewed crisis as the country grapples with halved petroleum prices.
Militant demands have been increasing and range from regional autonomy to a bigger share of the oil wealth that has polluted the Niger Delta region and destroyed the livelihoods of hundreds of thousands of farmers and fishermen.
PORTLAND, Maine (AP) — A U.S. bankruptcy judge on Friday approved a $338 million settlement fund for victims of the fiery 2013 oil train derailment that claimed 47 lives in Quebec, clearing the way for payments to victims by year's end.
Judge Peter Cary announced his approval after Canadian Pacific dropped its objection to the settlement plan and after a Canadian judge gave conditional approval Thursday. He praised attorneys for working together to get a substantial settlement in place as quickly as possible.
MONTGOMERY, W.Va. (AP) — A fiery oil train derailment in southern West Virginia last February resulted from a broken rail that started with a crack that should have been detected but was missed in two inspections, federal investigators said Friday.
A CSX train was carrying 3 million gallons of Bakken crude when it derailed Feb. 16 during a snowstorm in Mount Carbon. Twenty-seven of the train's 109 cars derailed. Twenty cars leaked crude oil.
PORTLAND, Maine (AP) — A Canadian railroad's withdrawal of opposition to a $338 million fund for victims of an oil train derailment that killed 47 people in Quebec has set the stage for final approval and compensation for victims.
A U.S. bankruptcy trustee and Canadian Pacific agreed to modify the settlement fund to give the railroad some legal protection, prompting the railroad's decision to end its objections. A Canadian judge gave conditional approval on Thursday, and a U.S. bankruptcy judge is to consider the plan Friday.
PORTLAND, Maine (AP) — A Canadian railroad is withdrawing its objection to a $338 million fund for victims of an oil train derailment that killed 47 people in a small town in Quebec, removing the final obstacle to the settlement's final approval.
A Canadian judge gave conditional approval Thursday to changes to the settlement agreement that grant some legal protections to Canadian Pacific, allowing it to lift its objection.
PORTLAND, Maine (AP) — A $338 million settlement fund for victims of a fiery train derailment that claimed 47 lives in Canada is poised for final approval, but payments could be held up by a legal challenge from one of that country's largest railways.
Canadian Pacific, which opposes the settlement fund, declined to contribute because it contends others were responsible for the tragedy.
NEW ORLEANS (AP) — Criminal charges filed recently against a Houston company over a 2012 offshore oil platform fire that killed three workers appear headed for resolution.
Neither federal prosecutors nor defense lawyers for Black Elk Energy Operations would comment Friday on whether plea talks are underway. But a federal judge Thursday set three proceedings for the morning of Oct. 20: an initial appearance, an arraignment and then a re-arraignment listed on the docket as a change-of-plea hearing.
Duke Energy has agreed to buy power from a 61-megawatt solar farm being built in North Carolina that Google has invested in, while Google will purchase energy credits to cover electricity for one of its data centers in the area, an exchange that’s part of the Green Source Rider program the two companies have been working on for several years, The Charlotte Observer reports.
The Interior Department’s decision to include North Myrtle Beach in studies that will seek to determine whether offshore wind leases should be sold off the South Carolina coast has the head of the local Chamber of Commerce excited, The State reports.
1SolTech Inc. has been slapped with an $8.5 million fine for labelling solar panels imported from China as being made in the U.S., the Texas Attorney General’s office announced Monday, The Associated Press reports.
The Carbon Tracker Initiative warned Tuesday that fossil fuel companies could face $2.2 trillion in stranded assets over the next decade if policy changes fueled by climate change fears make their planned oil and natural gas projects uneconomic, Platts reports.
The last group of creditors has signed onto the Chapter 11 bankruptcy plan from Energy Future Holdings, and the company plans to lay out the settlement plan before a federal judge Wednesday, Reuters reports.
Eighty-eight House members, nearly all Republicans, are asking Appropriations Committee Chairman Hal Rogers, R-Ky, to make defunding the Environmental Protection Agency’s new water rule a top priority, The Hill reports.
The U.S. Chamber of Commerce and other industry groups warn that if the 9th Circuit Court of Appeals doesn't overturn the ruling last December that Teck Metals may be responsible for the cost of cleaning up contamination drifting from its smelter in British Columbia, it could cause “massive liability,” E&E reports.
The paperwork for the Northeast Energy Direct project—Kinder Morgan's $5 billion pipeline to move natural gas from the Marcellus Shale to the Northeast—has advanced from pre-filing to full application status at the Federal Energy Regulatory Commission, E&E reports.
The Environmental Protection Agency is set to release three years’ worth of blending mandates for the Renewable Fuel Standard in the coming days, but traders have told Platts the 2016 figures are the ones the market most wants.