Friday, July 16, 2010

BP cap plugs Gulf oil leak

Nearly three months since the Deepwater Horizon oil rig exploded in the Gulf of Mexico, the flow of oil from the ruptured undersea oil well has been halted -- at least temporarily.

Engineers from oil giant BP are waiting to see if the new cap placed over the well can hold the oil without blowing a new leak.

Al Jazeera's John Terrett reports from New Orleans.

Thursday, July 15, 2010

BP Says No More Oil Going Into Gulf

AssociatedPress--July 15, 2010--BP says oil has stopped gushing from the busted well after all the valves were shut on a new cap.

BP New Containment Cap is Leaking

New Leak Found In Oil Containment Cap

July 15, 2010 CNN : Professor of Physics Michio Kaku describes it as the light at the end of the tunnel , for the first time we know what we are doing ....high pressure is the name of the game says Michio Kaku...

OIL & GAS MARKET