oil spill regulation News
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Big Montana oil spill is latest involving pipeline company
The Wyoming company whose pipeline leaked 30,000 gallons of crude oil into the Yellowstone River in Montana and its sister company have had multiple pipeline spills and federal fines levied against them in the last decade, according to government records. Bridger Pipeline LLC, the operator of the Poplar Pipeline that broke recently near Glendive, Montana, recorded nine pipeline incidents between ...
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Oil Industry Spend on Health, Safety and Environment Jumps 60% to $56 Billion in 2030
Oil and gas companies’ spending to ease concerns on health, safety and environment (HSE) will balloon 60% to $56 billion in 2030 up from $35 billion in 2011, as heavily publicized environmental disasters have increased regulatory scrutiny, Lux Research says. The result should be a continued reduction in the rate of incidents, which has already been halved over the last decade. “With ...
By Lux Research
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Latest Oil Spill Increases Scrutiny on Pipeline Safety & Compliance
The pipeline spill in Alberta, Canada last month has reignited many conversations about pipeline safety and regulation for the oil and gas industry. These conversations are coming at a critical time for the industry – perhaps even a turning point. As many are well aware, it is becoming more and more difficult for pipeline projects to achieve the necessary approvals to get off the ground, ...
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