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Europe considers drill ban following BP gulf oil spill

08/02/2010
BP PLC's oil spill crisis in the US Gulf of Mexico has prompted offshore safety regulators in Europe to examine the adequacy of their own response procedures to ensure a similar disaster does not happen there.The upstream sector's reputation has been damaged, and regaining society's trust in delivering safe and reliable supplies of fossil fuels is going to be incredibly difficult. Those supplies are a major source of the energy mix, and increasingly operations are going to be in deep water and in frontier areas.European industry organizations criticized as overreaction remarks by Gunther Oettinger, EU Energy Commissioner, who in mid-July said any responsible government would freeze new de...
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