A leak detected in the choke line has delayed the start of the critical BP well integrity test, the British oil giant said on Thursday.
BP on Wednesday started a crucial test on its ruptured oil well in the Gulf of Mexico that it hopes will lead to halting the flow of crude oil.
BP on Tuesday delayed a critical test that will determine if it can close a cap atop its ruptured Macondo well.
BP said on Monday it had installed and was ready to test a cap that, if successful, would for the first time stop the oil spewing from its well.
BP removed a containment cap from its stricken Gulf of Mexico oil well on Saturday in the first step toward installing a bigger cap.
The Obama administration promised on Friday it would announce a new deepwater oil drilling moratorium shortly.
BP ruled out a share issue and talk persisted of sovereign wealth fund interest in the British oil major, boosting its shares on Tuesday.
BP is seeking a strategic investor to secure its independence in the face of any takeover attempts as it struggles with a devastating oil leak.
A supertanker adapted to scoop up oil from the BP spill began tests amid a report that some expect the energy giant to replace its top executives.
Washington was preparing a revised offshore oil drilling moratorium and clean-up efforts in the Gulf of Mexico returned to normal on Friday.
High seas and winds kicked up by Hurricane Alex were propelling the landward advance of the far-flung oil slick.
Hurricane Alex is slowing clean-up and oil-containment efforts at the site of BP’s Gulf of Mexico oil spill.
A relief well that might divert the gushing Gulf of Mexico oil leak is still weeks from completion, a top United States official said on Wednesday.
It might have been better for the environment to have done nothing about the oil spill in the Gulf of Mexico except to keep the oil out at sea.
Rough weather whipped up by the season’s first Atlantic hurricane is disrupting clean-up of the massive BP oil spill in the Gulf of Mexico.
BP’s embattled boss Tony Hayward is touring City investors in an attempt to restore his tattered reputation and secure his future at the oil company.
The oil spill piled pressure on Obama on Thursday as the hurricane season closed in and voters angry at his crisis management hammered the president.
The gusher in the Gulf of Mexico returned to full force on Thursday after BP was forced to remove a cap that had been containing some of the oil.
The oil spill in the Gulf of Mexico is a catastrophe caused by human error that could have been avoided, the International Energy Agency has said.
Workers struggling in the heat to clean up oil from the the ruptured BP well in the Gulf of Mexico risk short-term lung, liver, and kidney damage.
The US president gets tough over the oil spill crisis but still faces mounting criticism.
The White House stepped up its legal battle on Wednesday over a key part of its response to the Gulf of Mexico oil spill.
BP estimates that a worst-case scenario rate for the Gulf of Mexico oil spill could be about 100 000 barrels of oil per day.
Residents of the US Gulf Coast braced for more oil from a ruptured BP well to hit their beaches on Sunday as oil washed ashore at Panama City.
BP’s costs for the worst spill in US history appeared set to rise as a partner in the out-of-control well laid the blame at BP’s feet.
Socially responsible investing is not about feeling good, it is about surviving.
BP bosses weathered a week of anger in Washington but the energy giant’s financial outlook faces renewed scrutiny from investors.
In its 100-year history BP has been dogged by appalling accidents and an absence of diplomacy. Can it ever reinvent itself?
BP chief executive Tony Hayward faced the wrath of US lawmakers on Thursday as he appeared before a hearing to apologise for the oil spill.
Under intense pressure from US President Barack Obama, BP has said it will set up a $20-billion fund for damage claims from its huge oil spill.
President Barack Obama, seeking to counter an image of detached leadership, will demand on Wednesday that BP set aside billions to pay for the spill.
Executives from other major oil companies turned on BP and defended their own drilling practices during a US congressional hearing on Tuesday.