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

NorthPort Boosts Capacity with Mobile Harbor Cranes

NorthPort Boosts Capacity with Mobile Harbor Cranes

EU Soft Wheat Exports for 2025/26 Down 5%

EU Soft Wheat Exports for 2025/26 Down 5%

Inchcape Shipping Services Opens New Office in Geoje, Korea

Inchcape Shipping Services Opens New Office in Geoje, Korea

Konecranes Expands Ecolifting Portfolio with Electric Reach Stacker

Konecranes Expands Ecolifting Portfolio with Electric Reach Stacker

Subscribe for Maritime Logistics Professional E‑News

BP identifies the source of Olympic Pipeline Leak in Washington
Ackman's Pershing Square aims for $5 billion IPO of closed-end funds
Sources say that Russia is considering how to support Russian Railways, which has a debt of $51 billion.