Voser calls for stronger regulations

Regulate: Shell CEO Peter Voser says industry should insist on stronger regulations

The global oil and gas industry should welcome attempts by governments to regulate its operations and must do a better job of addressing public concerns over the environmental impact of things like hydraulic fracturing, according to Shell chief executive Peter Voser.

“As an industry, we should insist on strong regulation and enforcement to ensure everyone in the industry does the job right,” Voser told the CeraWeek conference in Houston on Wednesday.

State and federal authorities in the US are steadily rolling out proposals to regulate the feverish pace of development and production of the country’s bountiful shale gas and tight-oil resources.

Cases of water contamination caused by fracking and fears of dirty emissions during production have prompted calls for tighter scrutiny on companies drilling into shales across the country.   

In his speech…

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