Articles by Jim Snyder, Bradley Olson and Lynn Doan

North Dakota Train Fire Restarts Oil Transport Safety Debate

The derailment and fire that led to the evacuation of a North Dakota town has renewed the debate over whether it’s safer to ship oil by rail or pipeline as the U.S. completes a review of the Keystone XL project. …

Crude Oil Train in North Dakota Catches Fire After Derailing

A BNSF Railway Co. train carrying oil caught fire after a collision with railcars in North Dakota, causing a series of explosions that prompted police to urge local residents to evacuate the area. There were no injuries to the train …

Gulf Coast Braces for Flooding from Tropical Storm Karen

Tropical Storm Karen may bring more than 7 inches (18 centimeters) of rain, isolated tornadoes and power outages to the U.S. Gulf Coast, where it is expected to go ashore over the weekend, forecasters said. Karen, with top sustained winds …

London Underwriter Becomes First to Insure California Carbon Credits

Parhelion Underwriting Ltd. became the first insurer to offer a policy to protect companies from the invalidation of carbon offset credits sold as part of California’s cap-and-trade program. Parhelion, based in London, will sell insurance for permits originally issued by …