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Shifting markets may make Portland Pipe Line redundant

The Portland Pipe Line, built 74 years ago to provide for the safe transport of crude oil to Quebec at a time when German U-boats were patrolling the western Atlantic, may be obsolete by the new year. That would mean fewer oil tankers calling on Portland Harbor and less work for tugboats, harbor pilots, line handlers, marine fuel suppliers, ship ...

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Oil train disaster settlement fund reaches $345 million

PORTLAND, Maine — 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. Officials say World Fuel Services Corp. agreed to contribute $110 million. Much of downtown Lac Megantic (lak meh-GAHN’-tik’) was destroyed after ...

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Analysis: Eastern Canadian LNG export plans face supply quandary

PORTLAND, Maine, Feb 4 – Eastern Canada has joined a race to export North America’s vast natural gas riches to energy-hungry markets overseas, with four projects betting the far-flung Atlantic provinces will be the easiest route to Europe and India. But firms behind those proposals, such as Spanish oil giant Repsol and Australia’s Liquefied Natural Gas Ltd have one major ...

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Ohio reconsiders and discloses oil train records

COLUMBUS, Ohio — More than a dozen trains loaded with over 1 million gallons of crude oil cross Ohio every week. Ohio officials released the information to The Associated Press Thursday after earlier refusing to disclose it. Federal transportation officials ordered the railroads last spring to notify states about trains carrying at least 1 million gallons of crude oil. CSX ...

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BNSF transporting more crude oil across eastern Nebraska

LINCOLN, Neb. — The number of trains carrying at least a million gallons of crude oil across eastern Nebraska each week has more than tripled since the summer. The Lincoln Journal Star reports that BNSF railroad recently provided updated figures to the Nebraska Emergency Management Agency. BNSF said it is moving about a dozen oil trains through eastern Nebraska each ...

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Victims of Quebec oil-by-rail disaster agree to $200 million settlement

Victims of the Lac-Megantic oil-by-rail disaster that killed 47 people in the Canadian province of Quebec in 2013 agreed to a nearly $200 million settlement with some of the firms involved, including the insolvent rail operator at the center of the tragedy, a lawyer for the victims said on Friday. Montreal Maine and Atlantic (MMA), along with its insurers, founder ...

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Oil train disaster settlement growing

PORTLAND, Maine — 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 ...

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Rail union members vote down BNSF proposal to cut train crew size


Curtis Tate | McClatchy Washington Bureau A tentative agreement to reduce train crew size on one of the nation’s largest rail carriers has failed, according to the labor union whose members voted on it this week. The pact would have eliminated on-board conductors on 60 percent of BNSF Railway, which spans the western two-thirds of the country. The vote represents a ...

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Chicago wants tighter rules on crude oil trains


Richard Wronski | Chicago Tribune Warning that the frequent railroad trains loaded with crude oil passing through the Chicago area are a “serious risk to public safety,” the City Council is calling for tighter restrictions on the shipments than federal officials proposed in July. Council members on Tuesday also asked that the city and other municipalities be given the authority ...

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