BLM, BSEE increase oil and gas penalties to adjust for inflation

The US Bureau of Land Management and Bureau of Safety and Environmental Enforcement separately increased penalties for oil and gas operators to adjust for inflation. BLM’s interim final rule more than doubles fines for not taking corrective action and for major violations. BSEE’s interim final rule increases the maximum daily civil fine by $2,017 to $42,017.


Source: News

BLM, BSEE increase oil and gas penalties to adjust for inflation

The US Bureau of Land Management and Bureau of Safety and Environmental Enforcement separately increased penalties for oil and gas operators to adjust for inflation. BLM’s interim final rule more than doubles fines for not taking corrective action and for major violations. BSEE’s interim final rule increases the maximum daily civil fine by $2,017 to $42,017.


Source: News