The US Department of Energy announced conditional approval yeserday for 2 billion cubic feet per day of LNG exports from a proposed export project in Lake Charles, Louisiana to countries with which the US does not have a free trade agreement. This marks the third project obtain non-FTA export approval thus far. Proponents of unfettered… Keep reading →
The tragic Deepwater Horizon accident and devastating uncontrolled crude oil spill into the Gulf of Mexico deeply affected the oil and gas industry. The disaster prompted oil and gas industry trade group – API – to comprehensively re-evaluate and strengthen its offshore safety standards.
Specifically, API has “established a multi-layer system, with many built-in redundancies to help prevent incidents, to intervene and stop a release that might occur, and to manage and clean up spills,” Group Director of Upstream and Industry Operations Erik Milito told reporters during a recent question and answer session ahead of the two-year anniversary of the accident on April 20. Keep reading →
