Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Anticipating the debate

Read more

EYE ON AFRICA

Abubakar Shekau says he is still leading Boko Haram

Read more

THE DEBATE

Peace at last? Colombia, FARC rebels sign historic peace accord (part 1)

Read more

THE DEBATE

Peace at last? Colombia, FARC rebels sign historic peace accord (part 2)

Read more

ENCORE!

Music show: Mykki Blanco, Van Morrison & The Weeknd’s duo with Daft Punk

Read more

FOCUS

FRANCE 24 exclusive: The last stand for Libya’s Oil Crescent

Read more

TALKING EUROPE

Greece’s minister of tourism: ‘Tourism is a government priority’

Read more

TALKING EUROPE

Terrorism, strike actions and migrant crisis: Is the EU becoming less attractive to tourists?

Read more

BUSINESS DAILY

Moody's cuts Turkey's credit rating to junk

Read more

Americas

Timeline of Gulf of Mexico oil spill disaster

Text by FRANCE 24

Latest update : 2010-07-29

A timeline of the BP oil spill disaster.

April 20: Explosion on the Deepwater oil rig in the Gulf of Mexico sets off the worst oil slick in US history.

May 3: Reinsurers give their first verdict on the cost of the catastrophe: between 1 and 1.5 million dollars.

June 1: After several unsuccessful attempts at stemming the leak, BP warns that oil could flow into the Gulf of Mexico until August.

June 9: US Congress opens an inquiry into the oil slick and BP’s responsibility in the disaster. The White House orders BP to submit a calendar of operations and an assessment of the chances of getting the spill under control.

June 17: BP’s CEO, Tony Hayward, testifies before US Congress. The share price of BP falls three days in a row before reaching a historical low of $27.05 on June 19.

July 11: BP announces that it is in talks with Apache to sell 12 million dollars of its assets to reduce its debt.

July 15: BP announces that it has succeeded in containing the oil spill, nearly four months after the explosion.

July 26: Tony Hayward announces his resignation, effective October 1. He will be replaced by an American, Bob Dudley.

Date created : 2010-07-29

COMMENT(S)