BILLINGS, Mont. (AP) — Fuel-hauling tank cars need retrofits to prevent more explosive train wrecks — and the public can't wait another decade for the improvements as has been suggested by industry, U.S. safety officials said.
The National Transportation Safety Board issued a series of recommendations Monday after a spate of fiery accidents revealed shortcomings in voluntary industry standards for cars hauling oil, ethanol and other flammable liquids.
The National Transportation Safety Board is asking the rail industry to move more quickly - on an "aggressive schedule" - to come up with safer oil tankers and find other ways to make oil-by-rail less dangerous, Reuters reports.
MEXICO CITY (AP) — Mexico's state-run oil company continues to search for three missing workers from a platform fireball that killed four others, while beginning to restore production at the damaged Gulf of Mexico facility, officials said Sunday.
Petroleos Mexicanos, or Pemex, will start processing 170,000 barrels of crude by Monday and expects to restore 80 percent of the pre-fire production in the coming week, said Gustavo Hernandez, general director of exploration and production.
TORONTO (AP) — The law firm representing the families of 47 people killed in the 2013 Quebec train crash said it has received a financial proposal that would see them split US$61 million in compensation.
Chicago-based law firm Meyers & Flowers said it will be closely reviewing the settlement to determine whether the defendants are paying sufficient funds.
BISMARCK, N.D. (AP) — Following a spate of explosive accidents involving North Dakota crude, the state began requiring companies on Wednesday to remove certain liquids and gases from oil before it's loaded onto rail cars — a move industry and state regulators believe will make for safer shipments.
The rules, developed over the past year, require all crude from the state's oil patch to be treated by heat or by pressure to reduce its volatility before being loaded onto train cars.
Sandia Corp. is alleged to have used federal funds to plan a campaign to lobby Washington to extend its contract to manage Sandia National Laboratories, according to an Energy Department Inspector General report obtained by E&E through the Freedom of Information Act.
An Air Force contract on energy savings that costs $19 million may not be giving the military its money’s worth, according to a report from the Pentagon’s Inspector General, the Air Force Times reports.
People living near the decommissioned Weatherspoon power plant in North Carolina may be pleased that Duke Energy is planning to remove coal ash that has been sitting in the area for decades, but there's concern about where the ash will be stored, The Fayetteville Observer reports.
Driller Linn Energy says it has finalized deals with private equity firms for $1.5 billion to fund acquisitions and development, even as it is selling off its last position in the Permian Basin for $281 million, FuelFix reports.
Many of the loans that banks have issued to oil and gas producers are being flagged as substandard, according to warnings from regulators like the Federal Reserve and the Federal Deposit Insurance Corporation, The Wall Street Journal reports.