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Marine and drilling regulators vowed Thursday to keep a closer watch on oil companies and contractors they say are consistently cutting corners on safety offshore.
Colorado oil and gas regulators are scheduled to take their first enforcement measures later this month against companies that fail to disclose chemicals used in hydraulic fracturing.
Before last week’s fatal fire at one of Black Elk Energy’s oil production platforms, the five-year-old firm had racked up more than 300 documented mistakes and violations offshore, according to federal regulators who cracked down on the Houston-based company Wednesday.
Utility regulators may need to slash their operating costs, meaning fewer fines and penalties will be carried out.