Energy giant BP has installed a new cap that it hopes will enclose a ruptured deep-sea oil well in the Gulf of Mexico.
The company needs to gradually shut the valves to ensure the well can handle added pressure.
If the attempt is successful, it would mark the first time in nearly three months that oil stopped flowing into the waterway. But BP has acknowledged that this fix is only a temporary solution.
Al Jazeera's Wayne Hay reports on efforts to put an end to a long-running environmental disaster.
[July 13, 2010]
Oil and Gas Market ,Opec Oil and Gas market prices Saudi Arabia Aramco Shell BP Petroleum ELF ,brent , crude NIMEX Gulf Emirates Kuwait Iraq Iran UAE Angola Russia cartel
Tuesday, July 13, 2010
Monday, July 12, 2010
Tensions Flare on Oil Spill Panel
FBNs Connell McShane on looming tensions among members of the presidents independent commission as they convene today for the first time.
Sunday, July 11, 2010
BP Places Cap Over Leaking Oil Well
AssociatedPress | July 11, 2010 BP has placed a new cap atop the Gulf oil well that could allow it to capture all the crude that's leaking from the well. However, it still must run tests on whether the cap can withstand the pressure of oil pushing up from below the seafloor. (July 11)
Subscribe to:
Posts (Atom)
