House committee approves measure restricting offshore drilling permits
The US House Committee on Natural Resources on Wednesday approved an amendment , as part of a broader piece of legislation that would bar new offshore drilling and gas permits to any company...
US Interior Secretary Ken Salazar issued a new six-month drilling moratorium on Tuesday, citing new evidence regarding safety concerns after the BP oil spill . Unlike the previously ordered moratorium, this...
EU Energy Commissioner Guenther Oettinger indicated Saturday that the EU will consider limiting the depth of offshore deepwater oil drilling or placing a temporary moratorium on deepwater drilling following the recent BP Deepwater Horizon...
Obama administration asks appeals court to reinstate oil drilling ban
The Obama administration filed a brief Tuesday asking a federal appeals court to reinstate the offshore drilling ban ordered after the BP oil spill in the Gulf of Mexico. The filing in...
BP to set aside $20 billion in escrow to pay oil spill damage claims
US President Barack Obama announced Wednesday that BP will subsidize a $20 billion compensation fund to indemnify the workers and business owners harmed as a result of the BP oil spill ...
Obama to create BP oil spill compensation fund, increase industry regulation
US President Barack Obama on Tuesday announced the latest plan of action for tackling the BP oil spill , including the development of a compensation fund, a long-term restoration plan and prevention...
Florida officials partially close coastline to commercial fishing following oil spill
The Florida Fish and Wildlife Conservation Commission (FWC) on Sunday announced the closure of approximately 23 miles of the state's coastline to commercial harvesting of saltwater fish, crabs and shrimp out of concern for...
US President Barack Obama on Thursday called for new oil pollution laws in the wake of the BP Deepwater Horizon oil spill . Speaking at a meeting of congressional leaders from both...
UK to increase North Sea drilling inspections after BP oil spill
UK Energy Secretary Chris Huhne announced Tuesday that the government will increase inspection of North Sea oil rigs and monitoring of offshore compliance and safety standards in response to the BP Deepwater Horizon oil spill ...
Obama announces new regulations stemming from Gulf oil spill
US President Barack Obama held a press conference Thursday to announce new regulations to mitigate future oil spill disasters and the current plan of action for resolving the crisis created by the BP Deepwater Horizon oil...
