Oil Moratorium

Transocean (NYSE:RIG) Talking with Shell (NYSE:RDS-A), Anadarko (NYSE:APC), BHP (NYSE:BHP Over Force Majeure

Transocean (NYSE:RIG), which owned the Deepwater Horizon oil rig which was operated by BP (NYSE:BP) at the time of the explosion in the Gulf of Mexico, is in talks with Shell (NYSE:RDS-A), Anadarko (NYSE:APC), BHP (NYSE:BHP over force majeure, or otherwise known as ‘Acts of God,’ as the Obama administration refuses to allow any new permits in the region. Although the Obama administration has

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BHP (NYSE:BHP) Gets Approval to Drill in Gulf of Mexico

Filed in bhp billiton, BP, o, obama, Oil Moratorium, silver, transocean by on November 11, 2010 0 Comments

The Bureau of Ocean Energy Management, Regulation and Enforcement has granted BHP Billiton (NYSE:BHP) the right to drill in the deep waters of the Gulf of Mexico.Regulators gave the go ahead for BHP to dwell a water injection well in the Green Canyon region of the Gulf. Water injection wells weren’t included under the oil moratorium imposed by the Obama administration, and were approved for

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