Gulf Of Mexico, Gulf Oil Spill | featured news

Most oil in gulf unaccounted for

Up to 4 million barrels (167 million gallons), the vast majority of the spill, remains unaccounted for in government statistics. Some of it has, most likely, been cleaned up by nature. Other amounts may be gone from the water, but they could have taken on a second life as contaminants in the air, or in landfills around the Gulf Coast.

 

BP set to begin Libyan drilling

BP is set to begin drilling off Libya amid safety concerns over the Gulf of Mexico spill and accusations over the Lockerbie bomber.

 

BP stalling payments to oil spill victims

BP stalling payments to oil spill victims

British energy giant BP Plc is holding up payments to economic victims of the Gulf of Mexico oil spill, Kenneth Feinberg, administrator of a $20 billion compensation fund, said on Saturday.

Senh: I don't blame them. They're already spending so much money trying to contain the spill. I think that should still be their main focus. After that, compensate the victims.

 

BP sells $7B in assets for cash

Sale moves company closer to goal of raising $10B to cover spill expenses, bolster financial position.

 

Gulf oil well cap appears successful

Gulf oil well cap appears successful

Engineers fighting the Gulf oil spill are confident that the cap over the well is strong enough that they may be able to plug it up soon.

 

Recapped well continues to hold

Recapped well continues to hold

The recently recapped oil well in the Gulf of Mexico could remain closed until the relief well is drilled if tests remain favorable, a BP official said Sunday morning.

 

Capped BP Gulf well under scrutiny

BP Plc's stricken Gulf of Mexico oil well showed no signs of leaking on Friday, but officials intensified oversight after a critical test showed pressure barely rising in the capped gusher.

 

Obama rebuked for vacation

President Obama and his family leave Friday for a weekend getaway to Maine, but along with a little rest and relaxation comes criticism that the president is taking it easy with the Gulf of Mexico oil crisis in a critical phase.

Senh: Oh, c'mon. Our president can't even take a break. Sometimes you just a little bit of time off to recharge the batteries.

 

BP says test shuts off oil leak from Gulf well

BP says test shuts off oil leak from Gulf well

BP Plc said on Thursday it stopped the flow of oil into the Gulf of Mexico from its deep-sea well for the first time since it ruptured in April, prompting hope that the leak can be plugged for good.

 

U.S. clears way for BP 'integrity test' to begin

U.S. clears way for BP 'integrity test' to begin

After day of delay, firm gets go ahead to run test, which will close down the flow of oil well in a series of steps as officials closely monitor pressure.

 

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