The BP of siphoning nearly double in July, Coast Guard

June 11, 2010 · Posted in Oil, US 

bp plcBP Plc. will try almost double its oil storage capacity in mid-July, the top American official monitoring the Gulf of Mexico spill cleanup work said on Friday. Once a “hard cap containment system in place by mid-July, oil transfer of BP’s capacity will increase up to 50,000 barrels per day, Coast Guard Admiral Thad Allen told reporters at a press conference in Washington.

BP’s storage capacity is currently about 18,000 bpd and will increase to around 28,000 bpd when a new oil rig flaring is activated next week, Allen said.


Australian Market Report Last Week

It looks like it was a flat week on Australian market. Price movements in all sectors were negligible, with only a few exceptions. . . Read more »

Report on the Australian market last week

Finishing before returning home, market report last week that is a long-distance gaze, and may have to be a little shorter than usual. . . Read more »

Oil rig in the Gulf of Mexico explodes: reports

SAN FRANCISCO - An offshore oil rig in the Gulf of Mexico has exploded with at least one person missing so far, according to media reports Thursday. . . Read more »

BP gets $ 250 million settlement

Blow-out company BP pays £ 160m for Gulf oil spill. BP receives a $ 250m (£ 161m) payment of Cameron International, a contractor on the Macondo well, in settlement of their dispute over liability for the Gulf of Mexico oil spill. . . Read more »

PRECIOUS-Gold slips as U.S. dollar firms, euro debt concerns remain

SINGAPORE - Gold fell on Monday as firmer U.S. dollar dented the metal as an alternative to the appeal investment, a weaker euro also puts extra pressure. . . Read more »


Comments

Leave a Reply