Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Macron-Putin: "a frank exchange"

Read more

THE DEBATE

Mending Strained Ties: French President Macron hosts Putin at Versailles Palace (part 2)

Read more

THE DEBATE

Mending Strained Ties: French President Macron hosts Putin at Versailles Palace (part 1)

Read more

ENCORE!

Cannes 2017: 'The Square', Sofia Coppola and Joaquin Phoenix take top prizes

Read more

THE OBSERVERS

The violinist of Venezuela's protests; and France's dying bees

Read more

FOCUS

Famine used as a weapon of war in South Sudan

Read more

THE DEBATE

Let's talk Africa-Asia partnerships (part 2)

Read more

THE DEBATE

Let's talk Africa-Asia partnerships (part 1)

Read more

BUSINESS DAILY

British Airways IT debacle could cost the airline big

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)