BOP

CNOOC Drops Bid For Unocal

Safe, responsible energy development in the Gulf of Mexico is vital to the U.S. economy and job growth, as well as U.S. energy and national security. Each of these points likely will come up during a U.S. House Natural Resources Committee hearing on the impact of federal policies on energy production and economic growth in… 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 →