Sunday, July 18, 2010

BP plc (BP)

 BP, BP plc

BP is one of the world's largest energy companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items.

BP conducted pressure tests on its blown-out deep-sea well and no oil was leaking into the Gulf of Mexico for the first time since its huge spill began in April. The spill has caused an economic and environmental disaster along the U.S. Gulf Coast.

BP reported that its pressure test continues of the well containment system blocking up the ruptured Macondo oil well in the Gulf of Mexico.

This new, tight-fitting containment cap installed atop the well a mile (1.6 km) under the ocean surface, so far has shut off the huge oil leak.

- Omega Protein Corp. has filed a claim with BP for reimbursement of costs or lost profits resulting from the Deepwater Horizon oil spill.

- According to reports, Apache Corp. is moving forward on a possible $10 billion deal for some BP properties, including major assets in Alaska.

More about BP at  http://www.bp.com/

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