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Irving Oil to contribute $75 million to Lac-Megantic compensation fund

2015-03-20 21:00:20| Oil & Gas - Topix.net

Irving Oil has agreed to contribute $75 million to a compensation fund established for those who suffered losses as the result of the July 2013 train derailment in Lac-Megantic, Que. The contribution would be in addition to a US$200 million settlement announced in January, with more than half of the money going to various levels of government.

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Benetton to contribute to Rana Plaza Fund

2015-02-23 13:28:00| Daily apparel & textile news and comment - from just-style.com

Italian fashion giant Benetton is to make a contribution to the Bangladesh Rana Plaza Trust Fund that compensates victims of the disaster that occurred nearly two years ago.

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Slow Seed Sales Contribute to Dow Earnings Drop

2015-01-27 20:32:11| Chemicals - Topix.net

Agriculture companies continue to be negatively impacted by falling corn prices in the fourth quarter - David Begleiter, a New York-based analyst at Deutsche Bank AG DuPont Co., the chemicals company facing a proxy contest with activist shareholder Trian Fund Management LP, posted an unexpected drop in fourth-quarter sales and forecast 2015 earnings that trailed analysts' estimates. Revenue fell to $7.38 billion from $7.75 billion, Wilmington, Delaware-based DuPont said in a statement Tuesday, compared with the $7.79 billion average of 12 estimates compiled by Bloomberg.

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Agency likely to conclude that oil and gas industry practices contribute to earthquakes

2015-01-27 15:45:29| Oil & Gas - Topix.net

That practices by the oil and gas industry have contributed to a sharp increase in earthquakes in Kansas is "the direction we're going," says Rex Buchanan , interim director of the Kansas Geological Survey.

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Romney: Climate change is real and humans contribute

2015-01-22 19:18:00| Climate Ark Climate Change & Global Warming Newsfeed

US Today: Mitt Romney is not a climate change denier. As he considers a third presidential bid, Romney cited climate change as one of those issues that political leaders in Washington are failing to address. "I`m one of those Republicans who thinks we are getting warmer and that we contribute to that," he said Wednesday at an investment management conference in Utah, the Associated Press reported. Although he gave no clues about a 2016 race, Romney outlined some of the issues that could be central...

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