BP oil spill: The official Deepwater Horizon Disaster Report

BP admitted today its managers on the Deepwater Horizon missed key warning signs in the hours before the explosion aboard the oil rig, but an internal investigation put much of the blame on other companies involved in the well.

A 234-page report described eight main causes for the blast, which killed 11 men and created an environmental disaster. The full report also contained - within the detailed analysis of the operation - a comprehensive, minute-by-minute timeline of every event, as it happened. BP have also produced a graphic video animation.

via www.guardian.co.uk

World's Biggest Accidental Oil Spill

President Barack Obama meets Britain's prime minister, David Cameron, for talks in Washington on July 20th. The BP oil spill in the Gulf of Mexico and allegations over the company's involvement in an “oil-for-terrorists” deal with Libya are likely to be on the agenda. BP is under pressure to satisfy government officials that the containment cap placed on the leaking well on July 15th is holding. Using the government task force's upper estimate, as many as 4.4m barrels of oil have escaped into the Gulf. This would make it the largest accidental oil spill in history (military attacks have created far bigger spills). Despite that, this quantity of refined oil is enough to keep America's cars and trucks on the road for just a quarter of a day. BP has spent almost $4 billion on clean-up costs to date, with the eventual total estimated at $39 billion.

via www.economist.com