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Tag: oil drilling

Europe admired Ecuador's oil drilling ban but didn’t want to pay - 02 September 2013 - News

The European Union admired Ecuadorian President Rafael Correa’s now-abandoned radical conservation effort to keep Yasuní’s vast oil reserves untapped but did not want to foot the bill, preferring more traditional forms of aid.

High offshore safety standards in North Sea must not be risked - 16 July 2012 - Opinion

The European Commission’s intention to improve safety in offshore oil and gas across Europe by using the UK’s best practices should be welcomed. However, the form of legislation proposed would have the opposite effect and undo decades of established regulatory experience - putting the safety of workers at risk, writes Malcolm Webb, chief executive of Oil & Gas UK.

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