Mexican Gulf case: „effectively dead“ by Milota Sidorova

Five months, probably the worst scenario of BP oil spill has been fulfilled. It has taken exactly five months for British oil company to cement the well once and for all. And this is the moment when the consequences can be translated into the language of numbers. For BP and residentials of four American states that were affected by the leak, it was a crucial blow, but for environment it was a death blow – more than five million barrels (210 million gallons) gushed into the sea. And while army struggled to located and diminish the oil layer on the water a dangerous underwater mass of oil was still out of human reach. Although scientists found new bacteria that was con! suming underwate oil and changing it into less toxic product, the damage can't be even numbered. The company now has to cover expenses connected with cleaning the Gulf, solve countless lawsuits and reports, billions of dollars in fines and harsh market response. The company has lost up to half of its share value equal to 70 billion dollars past months. But the well 5,000 feet (1,500 meters) underwater has been „killed“ and stable according to pressure test of the cement seal that was completed at 5:54 am. For the company, government as well as for any other affected organization and residentials it is a victory, though having more than a bitter taste. The case will remain open for months, perhaps years, since multiple outer and internal investigations are still in progress. A;though major blame falls upon BP, the company is blaming some of its contractors.

related story (sgx18247): http://www.france24.com/en/20100919-collapsed-bp-oil-well-sp...

by Milota Sidorova for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.