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Tag: BP

Gulf oil spill reaches Texas shore

U.S. officials confirmed Monday that tar balls from the Gulf oil spill have reached the shore of Texas, the first evidence that the spill has reached all five U.S. Gulf states. The Texas General Land Office confirmed the tar balls found along the shores of Crystal Beach on Bolivar Peninsula, Texas, are from the Gulf [...]

BP’s market value has evaporated more than 100 billion u.s. dollars within 2 months

British Petroleum shares fell by 9% in London on June 25th, it makes shrinking market rate of the company has expand. Since the oil spill in the U.S. Gulf of Mexico, BP’s share price had fallen by more than 100 billion U.S. dollars. Nomura Holdings in its latest research report that the financing capacity of [...]

The latest news about BP

BP PLC (BP, BP.LN) Friday night reported that its rate of oil recovery from a huge oil leak in the Gulf of Mexico continued to move higher as it optimizes its collection system. The company, which has been collecting and more recently flaring oil spewing from a broken deep-sea well, said that in the first [...]