Lac-Megantic oil train explosion News

U.S. Bankruptcy Judge Approves Quebec Oil Train Crash Settlement

A U.S. bankruptcy judge on Friday approved a settlement that clears the way for payments to victims of Canada’s Lac-Megantic crude-by-rail derailment, according to the trustee for the insolvent railway at the heart of the disaster. The approval came after …

U.S. Issues Final Oil Train Safety Rules

The Obama administration on Wednesday released a new regulation intended to prevent explosive rail disasters such as the 2013 oil train derailment that killed 47 people and destroyed part of Lac-Megantic, Quebec. The new rule by the Federal Railroad Administration …

U.S., Canada Ready Oil Train Safety Measures

Canada’s transport minister will be in Washington on Friday for a joint announcement with her U.S. counterpart aimed at harmonizing safety regulations on shipping crude oil by rail, a politically sensitive issue on both sides of the border. Lisa Raitt …