Search Results for: bp+oil+spill+barack+obama
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U.S. offshore oil fire can slow lift drilling ban
The Obama administration will likely continue to focus on toughening regulatory oversight of U.S. offshore oil industry and can back lifting a ban on drilling in deep water to push after the latest incident in the Gulf of Mexico, analysts said on Thursday.The fire at a Mariner Energy oil and gas platform in shallow waters of the U.S. Gulf on Thursday was a big setback for companies hoping for a speedy end to the drilling moratorium, and the government more questions about the safety of offshore drilling. (more…)
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Gulf of Mexico Oil Spill: Former top drill regulator set to testify
WASHINGTON – When the Presidential Committee on the Deepwater Horizon disaster research are meeting today’s second hearing, the panel intends to examine the regulatory lapses that paved the way for the Gulf of Mexico oil spill.Witnesses for the seven-member panel Elizabeth Birnbaum, formerly the nation’s top regulator drilling, the word publicly for the first time since she resigned under pressure after five weeks the 20-4 blowout at BP’s Macondo well. Two other previous drilling supervisors are scheduled to join Birnbaum fielding questions about whether the government is too lax in regulating the industry. (more…)
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IEA increases the Gulf of Mexico output loss to 100,000 barrels per day
The International Energy Agency raised its forecast for the Gulf of Mexico oil production losses of up to 100,000 barrels per day in 2011 due to crude spill BP plc and the subsequent deep water drilling ban. The leakage from Macondo to the output of the Gulf with 60,000 barrels per day this year, Paris-based IEA said in its monthly report today. The agency has doubled the estimate of last month when he said that the reduction of 100,000 barrels in May to increase to 300,000 barrels per day in 2015. (more…) -
BP oil spill: Barack Obama hears the examination of the ‘friction’
A committee appointed by Barack Obama to the cause of the worst environmental disaster to expose America’s shield appeared today on the clash of wills between BP and the operator of the doomed rig Deepwater Horizon. In the high-stakes world of offshore drilling, was built in conflict between oil companies like BP and rig operators like Transocean, told the committee was on the opening day of public hearings in a hotel in New Orleans. (more…) -
U.S. issues new offshore oil drilling ban
The Obama administration a moratorium on new oil drilling in deep water on Monday, a move the industry said was unnecessary and would place tens of thousands of jobs at risk. Shares in BP Plc shares rose, and sources said the British oil giant is in talks with U.S. energy company Apache Corp. and others to sell assets worth up to $ 10 billion. Meanwhile, BP was in the process of installing a new cap on his torn deep sea and try to almost all the oil in the Gulf of Mexico spitting on the 84th day record. (more…)