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Oil spill

BP says crucial test will go ahead despite fresh leak
15/07/2010 - USA

BP says crucial test will go ahead despite fresh leak

British oil giant BP has announced that a crucial test to determine the condition of a ruptured oil wellhead in the Gulf of Mexico should begin later Thursday, while engineers rushed to repair a leaking valve on a newly-placed cap over the well.
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BP gets go ahead for crucial test on Gulf oil leak
15/07/2010 - USA

BP gets go ahead for crucial test on Gulf oil leak

The US government gave energy giant BP the go ahead Wednesday to begin a crucial test that could finally plug the Gulf of Mexico oil well leak.
Hopes of capping oil gusher in Gulf dashed as BP report new delay
14/07/2010 - USA

Hopes of capping oil gusher in Gulf dashed as BP report new delay

A highly anticipated step in the efforts to stop a gushing oil well in the Gulf of Mexico has run into technical difficulties; BP now says it needs more time.
BP ready to test new containment cap on leaking oil well
13/07/2010 - GULF OF MEXICO

BP ready to test new containment cap on leaking oil well

BP says it has installed a new containment cap and on Tuesday will test the device, which the company hopes will stop oil gushing from a ruptured well in the Gulf of Mexico.
BP's new containment cap renews hopes of stopping spill
11/07/2010 - USA

BP's new containment cap renews hopes of stopping spill

BP engineers used underwater robots on Sunday to place an improved containment cap over a ruptured oil well gushing into the Gulf of Mexico. BP hopes that the new larger cap could soon be trapping all of the oil now being released into the Gulf.
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Govt mulls new ban after court rejects oil drilling moratorium
09/07/2010 - USA

Govt mulls new ban after court rejects oil drilling moratorium

The US government is preparing a new deepwater oil drilling ban, after a federal court refused on Thursday to reinstate an earlier moratorium that was imposed after BP's massive Gulf Coast oil spill.
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BP courts foreign wealth in wake of Gulf of Mexico disaster
07/07/2010 - BP OIL SPILL

BP courts foreign wealth in wake of Gulf of Mexico disaster

BP chief executive Tony Hayward (pictured) was to visit Abu Dhabi on Wednesday amid reports the company is courting foreign sovereign wealth funds following the havoc the Gulf of Mexico oil spill has wreaked on the environment and BP's share price.
BP shares rise as oil spill hits Texas coastline
06/07/2010 - USA

BP shares rise as oil spill hits Texas coastline

BP shares rose on Tuesday by 3.7 percent on talk that the oil giant was seeking a strategic partner for a stake sale and that it would not issue new equity. However, the spill in the Gulf of Mexico has hit Texas beaches.
BP oil spill bill tops 3 billion dollars
05/07/2010 - ENERGY

BP oil spill bill tops 3 billion dollars

British oil giant has announced that it has spent 3.12 billion dollars so far on its efforts to clean up the oil spill. BP, however, recognised that "it is too early to quantify other potential costs and liabilities associated with the incident".
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'A Whale' vessel tested in BP oil clean-up effort
04/07/2010 - USA

'A Whale' vessel tested in BP oil clean-up effort

A massive oil tanker named "A Whale" that was adapted to collect oil that continues to spew from a BP well in the Gulf of Mexico was tested over the weekend, while the British energy giant braced for the potential overhaul of its top executives.
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