02
Jul
2010

New US deep-water drilling moratorium imminent

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The Obama administration expects to announce a revised deep-water offshore drilling moratorium in the next few days, the White House has said. The government wants to finalise a new moratorium on drilling exploratory wells at 500 feet (152 metres) or more after a federal court blocked an earlier six-month ban imposed after the start of the oil spill in the Gulf of Mexico.

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