Tuesday, July 13, 2010

BP tests new device to cap US oil leak

BP is preparing to test the new containment device it has lowered on to the leaking oil well at the bottom of the Gulf of Mexico.

The British energy giant expects to know within the next two days if its latest effort to stop the gushing oil will be successful.

Al Jazeera's John Terrett reports from New Orleans. (July 14, 2010)

BP puts a New Cap on the Leaking well

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]

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.
OIL & GAS MARKET