API lauds House approval of U.S.-Mexico Gulf drilling deal

06/30/2013 | SNL Financial (free content)

A vote in the House of Representatives to approve a bill that would implement a Gulf of Mexico drilling pact between the U.S. and Mexico drew praise from the American Petroleum Institute. "The agreement creates certainty for American companies looking to invest in new energy projects by establishing a process for managing oil and gas reservoirs along the boundary region in the Gulf of Mexico," said Khary Cauthen, senior director of federal relations at the American Petroleum Institute.

View Full Article in:

SNL Financial (free content)

Published in Brief: