The United States Government allowed BP to keep its well sealed for testing for another 24 hours. This means that the government allows BP to continue its integrity test despite the most recent anomalies which were observed around the well. So far, however, the sealing process has been a success, keeping oil from leaking out [...]

The rig explosion in April 20 has caused BP’s shares to fall sharply and reach its lowest drop in 13 years, down to 12 percent according to Thursday’s morning data. This company, Beyond Petroleum, is based in London and is one of the oil giants of the United Kingdom, with its desire to create environment [...]