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BNSF Railway Co. was sued by a trade group for 400 U.S. refining and petrochemical makers objecting to a $1,000 surcharge the rail transporter of crude oil tacked onto older-model tank cars.

Is oil too explosive to be carried by train?

A Canadian National Railway Co. train carrying crude oil derailed and caught fire in a remote area of northern Ontario this weekend.

Video images of a fireball billowing from the wreckage of a derailed train hauling Bakken crude are adding to pressure on federal regulators to act on new safety standards for oil shipments.

By and large, insurance buyers will find a more favorable rate environment these days when renewing their General Liability coverage. Even problematic risks likely will not face the double-digit rate hikes they have had to accept in recent years.

The Obama administration proposed phasing out older tank cars tied to a deadly derailment a year ago and lowering speed limits as part of a set of new rules intended to reduce the risks of hauling crude oil by rail.

The Obama administration proposed phasing out older tank cars tied to a deadly derailment a year ago and lowering speed limits as part of a set of new rules intended to reduce the risks of hauling crude oil by rail.

The reinsurance industry is increasingly sounding alarms, calling space weather a potential hazard in todays wired world.