Oil And Gas Industry Braces For Changes After Gulf Spill

Law360, New York (August 3, 2010, 4:02 PM EDT) -- BP PLC may have just put a stop to the massive flow of oil into the Gulf of Mexico, but consequences of the spill for the oil and gas industry are just starting to unfold. More stringent regulations, a tougher transactional climate and reduced profits are just some of the changes companies will face in the coming year, experts said.

Regulatory Developments

New regulations have already been implemented in the wake of the spill, which occurred when the BP-operated Deepwater Horizon rig exploded on April 20,...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.