Fears of fresh oil leak hit BP July 19, 2010 NEWS THAT oil is seeping from the floor of the Gulf of Mexico sent BP’s shares down yesterday as concerns over the group’s future continued to grow. Engineers on the ground believe the explosion of the Deepwater Horizon rig in 20 April, that killed 11 and led to the worst oil spill in US history, [...]
BP achieves success with Gulf leak plug August 8, 2010 BP yesterday confirmed a pressure test on the cementing operation to plug its leaking Macondo well off the Louisiana coast had been successful. “[The test] following the cementing operations indicates we have an effective cement plug,” the company said. The news came as the US coast guard said clean-up efforts from the BP oil leak [...]
BP achieves success with Gulf leak plug August 8, 2010 BP yesterday confirmed a pressure test on the cementing operation to plug its leaking Macondo well off the Louisiana coast had been successful. “[The test] following the cementing operations indicates we have an effective cement plug,” the company said. The news came as the US coast guard said clean-up efforts from the BP oil leak [...]
BP close to success in capping oil July 13, 2010 A SUCCESSFUL new cap on the leaking Macondo well sent BP shares rallying yesterday as the oil major came closer to stopping the Gulf of Mexico spill. Shares spiked to 420p in early trading, before closing 2.5 per cent higher at 409.25p, as London reacted to news that BP had installed the new sealing cap, [...]
BP close to success in capping oil July 13, 2010 A SUCCESSFUL new cap on the leaking Macondo well sent BP shares rallying yesterday as the oil major came closer to stopping the Gulf of Mexico spill. Shares spiked to 420p in early trading, before closing 2.5 per cent higher at 409.25p, as London reacted to news that BP had installed the new sealing cap, [...]
Saucy goings on in the country September 9, 2010 Film Tamara drewe Cert: 15 FINALLY: a comic book adaptation with nary a caped superhero in sight. Instead, we have Gemma Arterton in a vest and denim hotpants, reducing the male denizens of a rural backwater – and, frankly, most male viewers – to a state of sweaty-palmed lust. Arterton’s titular (pun intended) character, a [...]
End in view for BP as cement seal secured August 5, 2010 BP finished pumping cement into its ruptured oil well in the Gulf of Mexico last night to seal off the source of the world’s worst offshore spill, paving the way to permanently plug the blow-out later this month. The daylong cementing operation followed earlier injections of heavy drilling mud this week that had subdued the [...]
End in view for BP as cement seal secured August 5, 2010 BP finished pumping cement into its ruptured oil well in the Gulf of Mexico last night to seal off the source of the world’s worst offshore spill, paving the way to permanently plug the blow-out later this month. The daylong cementing operation followed earlier injections of heavy drilling mud this week that had subdued the [...]
BP boss to say spill liabilities exceed $20bn July 21, 2010 embattled BP chief executive Tony Hayward is expected to tell shareholders that liabilities connected to the Gulf of Mexico spill have passed $20bn (£13.2bn) when he outlines a new business strategy alongside the oil major’s second quarter results next Tuesday. Hayward, who has recently been absent from the public eye, will tell shareholders that costs [...]
Reflections on the Philip Green saga August 16, 2010 MY first contact with Sir Philip Green came around two decades ago when he was running a small public company called Amber Day. I had written a two paragraph story for the Independent newspaper which provoked the retailing tycoon to scream down the phone at me the following day. “I cut out your article out [...]