Skip to main content
Industry News
US aims to ease Arctic offshore drilling rules

The Interior Department has proposed easing Obama-era safety regulations for offshore oil drilling in the Arctic Ocean to "remove unnecessary, burdensome provisions," including ones that require operators to send comprehensive operations plans before submitting exploration requests and to prove they can respond swiftly to oil spills. "We look forward to reviewing a proposal that seeks to correct shortsighted restrictions to research and exploration of the world's largest remaining conventional, undiscovered oil and natural gas resources," said American Petroleum Institute Senior Vice President of Policy, Economics and Regulatory Affairs Frank Macchiarola.

Full Story: