BP to Adopt Voluntary Safety Standards in the Gulf of Mexico

BP to Adopt Voluntary Safety Standards in the Gulf of Mexico

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BP oil spill in the Gulf - Coast Guard photoSeeking to assure federal regulators that it has learned the lessons of the Deepwater Horizon blowout and spill last year, BP said Friday that it would adopt stricter new voluntary standards for any future drilling projects in the Gulf of Mexico.

The company, which has already pledged some $40 billion in compensation for the accident, said it was prepared to go beyond new federal safety and environmental standards that apply to all companies operating in the gulf.

(READ the story from the NY Times)

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