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Tag: oil

Legal Issues One Faces When Drilling for Oil

 The oil industry is one of the largest operations in the world, with oil companies worldwide collectively generating more than 82 million barrels of oil per day. Despite oil’s purported plenteousness and lucrative nature, the legal aspects of drilling for oil are technical, complex, and onerous. Permits: Where and When

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Offshore Drilling and the Law of the Sea

Up until the 20th century, industrialization had mainly been landlocked and had not spread to the seas and oceans. Most water travel was for coast to coast transport and national defense. Little progress had been made into mining the depths of the water for resources. Metals, minerals and food are

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