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BP puts Gulf oil spill cost at nearly $4 billion
July 19, 2010 8:07 AM
Oil company BP says that the cost of dealing with the Gulf of Mexico spill has now reached nearly $4 billion. The company, which last week managed to place a temporary cap on the leak, said Monday it has made payments totaling $207 million to settle individual claims for... more » -
Testing delayed on oil well cap
July 14, 2010 8:26 AM
BP is delaying critical tests on a new well cap designed to finally stop the flow of oil in the Gulf of Mexico after government officials said more analysis was needed on the plan. BP engineers were scheduled to start slowly shutting off valves on the 75-ton metal stack... more »
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