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Oil train disaster settlement fund reaches $345 million
2015-06-10 11:23:09| Energy - Topix.net
The compensation fund for victims of a fiery oil train derailment that claimed 47 lives in a small town in Quebec has grown to $345 million with a contribution from the company that owned the shipment. World Fuel Services Corp., which was accused in a lawsuit of downplaying the volatility of the crude oil from North Dakota's Bakken shale region, agreed to contribute $110 million to the settlement fund, leaving Canadian Pacific Railroad as the only company with potential liability that has declined to contribute.
Oil train disaster settlement fund reaches $345 million
2015-06-10 08:53:06| Oil & Gas - Topix.net
The compensation fund for victims of a fiery oil train derailment that claimed 47 lives in a small town in Quebec has grown to $345 million with a contribution from the company that owned the shipment. World Fuel Services Corp., which was accused in a lawsuit of downplaying the volatility of the crude oil from North Dakota's Bakken shale region, agreed to contribute $110 million to the settlement fund, leaving Canadian Pacific Railroad as the only company with potential liability that has declined to contribute.
German spectrum auction reaches 3 billion
2015-06-10 02:00:00| Total Telecom industry news
Deutsche Telekom remains highest spending bidder having pledged 1.22 billion so far.
Tags: german
auction
billion
spectrum
Enbridge reaches 2nd deal over 2010 Michigan oil spill
2015-06-09 02:23:19| Energy - Topix.net
A company responsible for a major oil spill in southwestern Michigan has reached an agreement with the federal government on environmental repairs, a month after a separate deal with the state. The government said Monday that about $4 million will cover a variety of projects, including the restoration of 175 acres of oak savanna in Fort Custer State Recreation Area and wild rice beds along the Kalamazoo River.
Enbridge reaches 2nd deal over 2010 Michigan oil spill
2015-06-09 01:37:18| Oil & Gas - Topix.net
A company responsible for a major oil spill in southwestern Michigan has reached an agreement with the federal government on environmental repairs, a month after a separate deal with the state. The government said Monday that about $4 million will cover a variety of projects, including the restoration of 175 acres of oak savanna in Fort Custer State Recreation Area and wild rice beds along the Kalamazoo River.
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