The Environmental Protection Agency has exempted one of the nation’s largest oil refining companies, Andeavor , from complying with U.S. biofuels regulations – a waiver historically reserved for tiny operations in Continue Reading
The prospect that U.S. oil refiners might respond to rising stockpiles of refined fuels and weakening margins by cutting the amount of crude they process has roiled oil markets in Continue Reading
The International Association of Drilling Contractors (IADC) is one of seven oil and gas industry trade associations who expressed concerns in a joint letter to the BSEE about the Bureau of Safety and Environmental Enforcement’s (BSEE) Proposed Blowout Preventer Systems and Well Control rule . The rule, which was proposed in April , came as a response to the April 2010 Deepwater Horizon tragedy. Itwill require more controls over the maintenance and repair of blowout preventers (BOPs), identified by BSEE in an April 13 press release as “a point of failure” in the Deepwater Horizon event. In a release, IADC president and CEO Stephen Colville said the association “believes in the need for better regulation” as long as it’s “fair, fit for purpose, practically implementable and affordable” for the industry. Colville added that “the lengthy period of gestation of rule is regrettably unmatched by the very short period for […]
