"The Obama administration on Thursday unveiled new oil well control rules to prevent the kind of blowout that happened six years ago on a BP Plc rig in the Gulf of Mexico.
The Interior Department's Bureau of Safety and Environmental Enforcement announced the finalized regulations, which include more stringent design requirements and operational procedures for offshore oil and gas operations.
The new standards come nearly six years after a deadly explosion and fire on the Deepwater Horizon oil rig off the cost of Louisiana, which led to the worst oil spill of all time."
Valerie Volcovici reports for Reuters April 14, 2016.
SEE ALSO:
"U.S. Issues New Rules on Offshore Oil and Gas Drilling" (New York Times)
"Nearly 6 Years After The BP Oil Spill, Government Issues New Rules To Prevent Major Spills" (Climate Progress)
"Exxon Says `$25 Billion Rule' Will Sink Deepwater Oil Drilling" (Bloomberg)
"This Is Obama’s Plan To Prevent Another BP-Like Disaster" (Washington Post)
"Six Years After BP Spill, U.S. Sets New Offshore Oil Safety Rules"
Source: Reuters, 04/15/2016
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