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drilling rig

Markets

BP lifted by Transocean deal

Around £10.8billion was added to the value of UK blue chips today as London's FTSE 100 Index leapt to its highest level for nearly two years.

Oil & Gas

Shell completes shutdown

Shell has completed the shutdown of its Shearwater platform - which is just four miles away from the gas leak.

Oil & Gas

Shell shuts down US rig after leak

OIL giant Royal Dutch Shell said today it had shut down a drilling rig off the coast of Alabama after about 7,600 gallons of synthetic and biodegradable drilling fluid leaked.