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

Copenhagen Malmö Port Names Kristian Durhuus as New CEO

Copenhagen Malmö Port Names Kristian Durhuus as New CEO

Baltic Index Rises to Highest in 2.5 Years

Baltic Index Rises to Highest in 2.5 Years

Brazil Wheat Forecast to Grow in 2026

Brazil Wheat Forecast to Grow in 2026

Million-Dollar Award Offered for Methanol First

Million-Dollar Award Offered for Methanol First

Subscribe for Maritime Logistics Professional E‑News

Britain will step up its subsea cables protection in response to the rising Russian threat
US Travel Group warns that closing Newark Airport to international travel will cost $8 billion per year
US Postal Service stops non-essential expenditures as cash crisis worsens