marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Questions on MMS's Policing of Oil Companies

May 12, 2010

According to a May 11 report from The Wall Street Journal, an engineer for the MMS, the agency that serves as a watchdog over the oil industry, testified Tuesday, May 12 that he didn't know the agency's own regulations for a key piece of equipment designed to prevent an explosion on an offshore rig. The testimony, given by an engineer for the U.S. Minerals Management Service, in a hearing held by the MMS itself likely will raise more questions about the agency's willingness and ability to police oil companies.

(Source: The Wall Street Journal)
 

Logistics News

Russian Strikes Hit Ukrainian Military Facilities, Vessels

Russian Strikes Hit Ukrainian Military Facilities, Vessels

Most Gulf Shares Lower As Shipping Uncertainties Persist

Most Gulf Shares Lower As Shipping Uncertainties Persist

Oil Tanker Insurance Triples Amidst Global Shipping Tensions

Oil Tanker Insurance Triples Amidst Global Shipping Tensions

Russia Begins Commercial Exports of Vostok Oil

Russia Begins Commercial Exports of Vostok Oil

Subscribe for Maritime Logistics Professional E‑News

Ninepoint ignores political rhetoric and launches ETF focused on the energy interdependence between US and Canada
Sources say that traders are pushing for lower prices for Venezuelan crude oil, as shipping costs have risen.
Trump arch drone plan needs FAA review, lawmaker says