BP’s plan for drilling in the Gulf is approved
Published: October 22,2011
HOUSTON — The Obama administration on Friday took another step toward allowing BP to return to the Gulf of Mexico, approving the first oil drilling plan for the company there since the explosion that sank the Deepwater Horizon rig more than a year ago.
According to The New York Times, it was another sign that oil exploration in the gulf was coming back to normal, although energy companies continued to complain that the permitting process for drilling new wells remained far slower than before the accident.
The federal government’s approval of the BP plan to drill up to four exploratory wells nearly 200 miles from the Louisiana coast was positive news for BP, which has struggled to recover from the April 2010 accident that left 11 workers dead and spilled millions of barrels of oil into the gulf.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Officials set hunting dates for birds; expands dove season by 20 days
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- TECH 21 — Mississippi's most wanted in technology
- Mississippi judge dismisses lawsuit seeking to overturn Sen. Cochran's GOP primary win
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- Judge expected to rule today on McDaniel's challenge of loss to Cochran
- Isle of Capri reports decreased in-state revenues; experiencing 'market pressures'
- Circuit clerks question how to get records to McDaniel's trial
- Chefs John Folse and Rick Tramonto are dotting every ‘i’ and crossing every ‘t’ in the development of Seafood R’evolution, which is set to open in November