BP is to sell assets worth an estimated $1.8 billion as part of series of sales to help pay for damages caused by the explosion on its Deepwater Horizon rig in April, which killed 11 workers and spilled more than 200 million gallons of crude oil into the Gulf of Mexico.
Energy company BP announces it is to sell billions worth of assets in Canada, Egypt, Pakistan, United States and Vietnam to part-fund the clean-up cost of the Deepwater Horizon oil spill in the Gulf of Mexico.
BP Chief Executive Tony Hayward testifies before the U.S. Congress, apologizing for the spill but avoiding answering most questions and stating that he was unaware of the risks at the Deepwater Horizon rig that exploded in April causing the oil spill. [http:--www.theaustralian.com.au-news-breaking-news-bp-ceo-grilled-by-us-congress-story-fn3dxity-1225881174531 ("The Australian")] [http:--www.cbsnews.com-8301-503544_162-20008103-503544.html (CBS)] [http:--www.miamiherald.com-2010-06-17-1686441-an-angry-congress-lambasts-bp.html (Miami Herald)]date=August 2019
Scientists are finding enormous oil plumes in the deep waters of the Gulf of Mexico, including one as large as 10 miles long, 3 miles wide and 300 feet thick in spots as fresh evidence that the leak from the broken undersea well could be substantially worse than estimates that the United States government and BP have given.
BP sprays more chemicals into the main massive undersea oil leak in the Gulf of Mexico using a deep-sea robot in an attempt to thin the oil which is rushing up from the seabed at the rate of about 210,000 gallons (795,000 liters) per day.