US Approves First Gulf Deepwater Well – And BP Is the Majority Owner

By: Tuesday March 1, 2011 1:00 pm

The Obama Administration approved the first deepwater drilling well permit for the Gulf of Mexico, 11 months after the BP oil disaster. The Bureau of Ocean Energy Management, Regulation and Enforcement announced Monday that it issued a permit to Noble Energy Inc. to continue work on its Santiago well about 70 miles southeast of Venice, [...]

Oil Spill Commission Recommendations Already Coming On Line

By: Friday January 14, 2011 12:15 pm

I mentioned back on Wednesday that the White House was considering the enactment of some of the recommendations of the Oil Spill Commission by executive order. Looks like they’re moving forward on that immediately. The Obama administration has announced the creation of an agency to focus exclusively on safety in offshore drilling and production, part [...]

White House Could Lift Deepwater Moratorium By Week’s End UPDATE: Today

By: Tuesday October 12, 2010 9:30 am

Democratic candidates are already dead in the water in Louisiana, so I wouldn’t term this an October surprise. But Robert Gibbs told reporters today that the Administration would lift their moratorium on deepwater drilling in the Gulf of Mexico soon, possibly by the end of the week. The moratorium was never meant to be an [...]

With Deepwater Moratorium Expected to End, Oil Industry Sets Their Sights on Michael Bromwich

By: Monday August 30, 2010 9:00 am

The Republican co-chair of the oil spill commission wants an early end to the moratorium on deepwater drilling, citing the improved safeguards already put into place by the Interior Department. He cited the report that the Bipartisan Policy Center provided the panel last week on the moratorium. The think tank’s analysis concluded that Interior has [...]

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