BP crisis pushes Big Oil further into deep water

deepwater-horizon
Firefighters tackle a blaze on the Deepwater Horizon oil rig

After an explosion on April 20, the Deepwater Horizon oil rig owned by BP crumbled and sank into the Gulf of Mexico, precipitating what US president Barack Obama has called “the worst environmental catastrophe America has ever faced”. At the time of writing, the leak in the well had still not been plugged.

Initial BP estimates suggested 1,000 barrels of oil a day were being lost, but that figure has been revised dramatically upwards. On June 15, the US government said between 35,000 and 65,000 ba

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: