U.S. Offshore Drilling Moratorium May End Sooner, Salazar Says
The Obama administration’s six-month shutdown of 33 rigs to overhaul offshore drilling regulations might end sooner than planned, Interior Secretary Ken Salazar told a Senate committee today. Read more on BusinessWeek
(AFX UK Focus) 2010-06-08 01:02 UPDATE 2-Obama says oil spill ‘will be contained’
WASHINGTON, June 7 (Reuters) – U.S. President Barack Obama sought to reassure Americans on Monday that the Gulf of Mexico oil spill will be stopped, even as he warned that the economic impacts of the disaster would be substantial and ongoing. “This will be contained,” Obama told reporters after a White House meeting on the spill with Cabinet officials. “It may take some time and it’s going to … Read more on Interactive Investor
BP Says It Captured 6,077 Barrels of Oil From Well (Update2)
June 5 (Bloomberg) — BP Plc said it collected 6,077 barrels of oil from its leaking Gulf of Mexico well in a 24-hour period using a system intended to capture more than 90 percent of the spill. Read more on Bloomberg
(AFX UK Focus) 2010-06-06 15:53 BP says captured 10,500 bbls oil Saturday
HOUSTON, June 6 (Reuters) – BP Plc said it captured 10,500 barrels oil and flared 22 million cubic feet of gas at its Gulf of Mexico oil spill site on Saturday. Read more on Interactive Investor
The chief executive of BP has told Sky News he believes the massive Gulf of Mexico oil spill will end up having only a “very, very modest” environmental impact. Experts had feared the Deepwater Horizon disaster could have led to one of the worst environmental catastrophes in US history. But the British oil giant has risked outrage along the Gulf Coast by predicting a far smaller impact. Dr Tony Hayward said: “I think the environmental impact of this disaster is likely to have been very, very modest. “It is impossible to say and we will mount, as part of the aftermath, a very detailed environmental assessment but everything we can see at the moment suggests that the overall environmental impact will be very, very modest.” BP has begun capturing some of the leaking oil after inserting a suction tube into the fractured riser pipe on the seabed. BP image shows the main leak at the Deepwater Horizon site (Pic: BP plc) It is gathering up an estimated one fifth of the oil pumping out of the fractured well. Dr Hayward said: “Over the last 36 hours we have made a lot of progress on containment on the seabed. “We have a piece of technology engineering which we have developed and which is now allowing us to produce oil from the leak to the surface.” The BP chief spoke to Sky News after completing a visit to Florida where he handed over m (£17m) to pay for an advertising campaign for the state’s tourism industry. He appeared upbeat as he met teams at BP’s vast crisis control … Video Rating: 3 / 5
BP says more oil being captured as Obama fights back against criticisms
WASHINGTON – As the White House struggled to regain the American public’s trust as oil continues to gush from a BP well at the bottom of the Gulf of Mexico, the oil giant said its containment cap _ its latest effort to plug the leak _ was beginning to capture greater amounts of crude. Read more on Kitchener – Waterloo Record
BP Places Cap Over Leaking Gulf Oil Well, U.S. Says (Update1)
BP Plc has lowered a cap over a damaged Gulf of Mexico oil well, the U.S. Coast Guard said, in the latest attempt to control the worst oil spill in the country’s history. Read more on BusinessWeek
Pitt researcher says simple polymer-based filter successfully cleans water, recovers oil in Gulf of Mexico tests
( University of Pittsburgh ) In response to the massive oil leak in the Gulf of Mexico, a University of Pittsburgh engineering professor has developed a technique for separating oil from water via a cotton filter coated in a chemical polymer that blocks oil while allowing water to pass through. The researcher reports that the filter was successfully tested off the coast of Louisiana and shown to … Read more on EurekAlert!
BP Caps Well, Says Some Oil Being Captured
BP finally has a containment dome over the Deepwater Horizon oil well, and says it is capturing some of the crude gushing into the Gulf of Mexico. However, the company can’t say right now exactly how much oil is being captured. On the live video feed of the well, it did not appear […] Read more on NewsInferno
Bob Graham says he expects White House panel to look for ways to sustain deepwater oil drilling industry
Bob Graham, a Democrat, and William Reilly, a Republican, will lead the seven-member commission to investigate the Gulf of Mexico oil spill.Former Florida Sen. Bob Graham, co-chairman of the White House commission investigating the BP oil spill in the Gulf… Read more on New Orleans Times-Picayune