Safety

Oil

Quebec town: Train disaster settlement provides very little

MONTREAL (AP) — The deputy mayor of a Quebec town where a fiery oil train derailment killed 47 people said Monday a proposed settlement fund for victims represents just a fraction of what's needed.

A $200-million settlement was announced last week, with more than one-half of the money going to various levels of government. About $50 million is destined for relatives of the 47 people who died in the July 2013 disaster, although the amount could rise. The settlement involves the Montreal Maine and Atlantic Canada Co., its insurance carrier, rail-car manufacturers and some oil producers. Three major companies have declined to participate — World Fuel Services, Canadian Pacific Railway and Irving Oil.

Oil

Parties take step toward settlement for oil train victims

PORTLAND, Maine (AP) — Parties involved in a proposed $200 million settlement fund for victims of a fiery train disaster that killed 47 people asked a Canadian judge Friday to give them until September to pin down the details.

The court filing in Sherbrooke, Quebec, described for the first time how money from the settlement fund could be distributed to victims of an oil train derailment in July 2013 in Lac Megantic, Quebec. A similar filing of a draft settlement plan will be made later in a companion case in U.S. courts.

Oil

Quebec oil train disaster settlement growing

PORTLAND, Maine (AP) — A proposed settlement fund for victims of a fiery train derailment that claimed 47 lives in Canada is nearly halfway to a goal of $500 million in funding commitments ahead of its filing next month, the defunct railroad's bankruptcy trustee said.

More than a dozen corporations that face potential liability in the Lac Megantic, Quebec, oil train disaster have agreed to pay over $200 million to the fund and that sum could more than double by the time judges in the U.S. and Canada sign off, bankruptcy trustee Robert Keach told The Associated Press.

Oil

2 dead in explosion, fire at Oklahoma oil rig

COALGATE, Okla. (AP) — An explosion and fire early Friday morning killed two people and injured three, two critically, at an oil rig in southeastern Oklahoma.

The explosion occurred around 1 a.m. at the rig about 2 miles west of Coalgate in a remote area of rural Coal County about 100 miles southeast of Oklahoma City, said Sam Schafnitt, chief of operations for the state Fire Marshal's Office.

Oil

Foxx-Raitt meeting to discuss oil trains

Source: 
The Hill

Crude-by-rail safety will be the major topic on the table when U.S. Transportation Secretary Anthony Foxx meets his Canadian counterpart Lisa Raitt in Toronto Thursday, The Hill reports.

Oil

U.S. to talk oil train safety with Canada

Source: 
Reuters

U.S. and Canadian officials are to meet next week to discuss their respective efforts to improve the safety of oil trains, sources familiar with the subject told Reuters.

Oil

North Dakota regulators impose oil shipment rules

BISMARCK, N.D. (AP) — North Dakota regulators set new rules Tuesday that will require oil companies that are sending out millions of gallons of crude a week by rail to reduce the oil's volatility before it's loaded onto train cars.

The rules, developed over several months, have been criticized by North Dakota's oil industry, which says the commodity is being unfairly singled out and warns that the new standards could slow production and increase costs.

Oil

Oil train rules expected in ND

Source: 
The Wall Street Journal

Steps to require oil companies to remove volatile compounds before shipping Bakken crude by rail could be required by the North Dakota Industrial Commission, which is meeting Tuesday and is likely to finalize measures proposed last month, The Wall Street Journal reports.

Oil

Injured workers sue over platform blast

Source: 
FuelFix

Two workers hurt in an explosion at an oil platform in the Gulf of Mexico in November have filed suit against its owner, Fieldwood Energy, and another company contracted to work at the site, alleging negligence, FuelFix reports.

Oil

Secrecy still surrounding oil trains

Source: 
The Wall Street Journal

Oil trains might be visible on railroad tracks across the country, but official information about their whereabouts remains shrouded in secrecy in many areas, The Wall Street Journal reports.

Pages

Subscribe to Safety