On Friday, the Bureau of Safety and Environmental Enforcement (BSEE) will publish new regulations for the production-safety-systems rule, which addresses devices used during offshore oil production. Even before President Trump’s election, many oil and gas officials said that the Obama administration had overreached on rules designed to forestall a future catastrophe. Those rules inhibited offshore production, they argued, and Trump administration officials reiterated that Thursday. The existing well-control rule requires that companies complete any investigation and failure analysis within 120 days of an equipment failure. Interior Department worked behind the scenes with energy industry to reverse royalties ruleThe two problems with Trump’s offshore drilling push

Source: Washington Post December 28, 2017 23:48 UTC