Posts Tagged

oil wells

Business Headlines

©2015 Bloomberg News NMRE996K50XY (Bloomberg) — The Obama administration proposed tighter rules for the offshore drilling equipment designed to be a last line of defense against oil-well blowouts, five years after the fatal BP Plc spill off Louisiana fouled the Gulf of Mexico. The proposal Monday by the Interior Department

Read More
Business Headlines

©2015 Bloomberg News NMIDR86K50Y5 (Bloomberg) — Companies delaying the completion of wells that have been drilled are keeping 373,000 barrels a day of oil out of the market, energy intelligence firm Genscape Inc. said. Six companies announced plans to defer completing a total of 845 drilled wells this year, Genscape

Read More