15 Jul '11, 2pm

Green: BP to Adopt Voluntary Safety Standards in the Gulf of Mexico

United States Coast Guard, via Agence France-Presse — Getty Images The Deepwater Horizon rig blazing on April 21, 2010. Seeking to assure federal regulators that it has learned the lessons of the Deepwater Horizon blowout and spill last year, BP said Friday that it would adopt strict new voluntary standards for any future drilling projects in the Gulf of Mexico. The company, which has already pledged some $40 billion in compensation for the accident, said it was prepared to go beyond new federal safety and environmental standards that apply to all companies operating in the gulf. Federal regulators halted all drilling in the gulf after the April 2010 disaster, which killed 11 workers and spewed nearly five million barrels of oil before the runaway well was capped three months later. The Bureau of Ocean Energy Management, Regulation and Enforcement year began issuing new gu...

Full article: http://green.blogs.nytimes.com/2011/07/15/bp-to-adopt-vol...

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