BP shares rise on hopes oil leak has been capped - BBC News

By
Viraj
on July 16, 2010 4:25 PM | | TrackBacks (0)
BP, however, remains cautious about the success of the latest development. "The sealing cap system never before has been deployed at these depths or under these conditions, and its efficiency and ability to contain the oil and gas cannot be assured," the company said in a statement.

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As of Monday, BP said it had spent $3.5bn (£2.3bn) dealing with the disaster which began with a fire and explosion aboard the Deepwater Horizon drilling platform that killed 11 workers. This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

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This page contains a single entry by Viraj published on July 16, 2010 4:25 PM.

Feds: BP must pay royalties on oil from Gulf spill - BusinessWeek was the previous entry in this blog.

Iran Guard firm pulls out of gas development deals - The Associated Press is the next entry in this blog.

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