BP says it has made progress in formulating long-term solutions for oil spills

BP stated that it is integrating a flexible capture-leakage crude oil system that can cope with adverse weather conditions such as hurricanes and improve storage performance.
Comprehensive foreign news report on June 14, BP PLC said on the 13th that it is taking measures to implement longer-term arrangements to capture the oil spill in the Gulf of Mexico. U.S. government officials continue to demand more oil spill compensation.
Equipment has been installed at the weekend and BP is integrating a flexible system that can handle adverse weather conditions such as hurricanes and improve storage performance.
The company said that on the 12th it used the current method to absorb 15,040 barrels of oil, and liquefied hydrocarbons were injected into a container floating on a broken oil well.
So far, 119,300 barrels of oil have been captured using this method. The leak was one of the largest oil spills and ecological disasters in the history of the United States.
BP faced tremendous pressure to cover the oil that blew up under the sea. On April 20th, a rig drilled from Transocean Ltd. exploded and 11 workers died.
Leakage caused a ripple effect on the economies of the Gulf Coast states and the energy industry. The energy industry is struggling to cope with the prospect of enhanced regulation and to halt the drilling of promising deepwater wells.
BP has spent about $1.5 billion on clean-up and recovery measures. Analysts and officials expect that the company and its partners will end up paying more billions of dollars in funding.

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