Friday, July 16, 2010

BP says oil has stopped leaking in Gulf of Mexico

The Deepwater Horizon oil leak has been stopped, according to BP. Photo: EPA

Oil stopped flowing into the Gulf of Mexico last night for the first time since the BP oil rig disaster in April.

15 Jul 2010
By Robert Winnett in Washington
Telegraph (UK)


BP announced that it had capped the well which has leaked millions of gallons of oil, blighting the southern United States since the Deepwater Horizon disaster earlier this year. A live video feed of the well shows no oil flowing.

Barack Obama welcomed the "positive sign", although he stressed that the new cap was still in the "testing phase".

Deepwater Horizon oil spill stopped, say BPThe US President said he would make a further statement on the situation on Friday, once more extensive tests had been carried out.

Although the well has been temporarily capped, it is not yet clear that the crisis is over and the next few days will be crucial.

BP engineers are closely monitoring the pressure building up beneath the cap in the well. There is concern that the well may rupture elsewhere. Oil may be released from the well again in the coming days to test the pressure build-up.

Next month, BP hopes to establish a separate relief well which will tap the underwater oil reservoir and should provide a permanent solution to the crisis.

BP shares rose by more than seven per cent when the news was announced minutes before the New York stock exchange closed.

However, BP is now under intense pressure in America over its potential involvement in another scandal - the release of Abdel Basset al-Megrahi, the Lockerbie bomber.

BP issued a statement on Thursday in which the oil giant admitted that it had lobbied the British government to introduce a prisoner transfer agreement with Libya. BP is about to start drilling for oil in the north African country.

2 comments:

Anonymous said...

Thank you KI Media for providing the news. I need to know the updates on this OIL LEAK.

KhmerIsrael said...

I heard that a normal oil well pressure is around 1500 to 2,500 psi. But with this deep well, it is estimate at 25,000 to 75,000 psi. This may explain why it was hard to contain and cap. Beside, they could have drill into a volcano bed rock. BP making a new island for the US.