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

How the MV Estonia Disaster Reshaped Passenger Ship Safety

How the MV Estonia Disaster Reshaped Passenger Ship Safety

Hazardous Cargo Compensation Regime Close to Entry into Force

Hazardous Cargo Compensation Regime Close to Entry into Force

Iran Could Offer Oman Exit Proposal

Iran Could Offer Oman Exit Proposal

Canon USA Launches MS-510 Multi-Purpose Camera for Low-Light Imaging

Canon USA Launches MS-510 Multi-Purpose Camera for Low-Light Imaging

Subscribe for Maritime Logistics Professional E‑News

Bloomberg News reports that Spirit Airlines is at risk of liquidation due to fuel costs.
Gulf crisis affects Australian and New Zealand companies, from airlines to banks
Kalshi expands its prediction hub to include more commodities amid high volatility