| Oil company: Shipment in North Dakota derailment was treated | |
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BISMARCK, N.D. (AP) -- A company official says a shipment of crude involved in an explosive train derailment in North Dakota had been treated to reduce its volatility.
Hess Corporation spokesman John Roper said the oil was in compliance with a state law that requires propane, butane and other volatile gases to be stripped out of crude before it can be transported.
The state standard that went into effect last month came in response to a string of fiery train accidents, including a 2013 derailment in Lac-Megantic, Quebec, that killed 47 people.
Despite the treatment of the oil, six cars caught fire in Wednesday's derailment near Heimdal. The town was evacuated but no one was hurt.
Members of Congress have called for a stricter, national volatility standard for crude moved by rail.
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Hess Corporation
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CODE : HES |
ISIN : US42809H1077 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Hess Corp. is a and oil exploration company based in United states of america. Hess Corp. is listed in Germany and in United States of America. Its market capitalisation is US$ 50.8 billions as of today (€ 47.4 billions). Its stock quote reached its lowest recent point on November 17, 1989 at US$ 10.06, and its highest recent level on April 25, 2024 at US$ 161.15. Hess Corp. has 315 053 615 shares outstanding. |