As costs of the BP oil spill clean-up surpass a billion dollars, Channel 4 News runs through the timeline of events that led to the biggest oil slick in US history.
Deepwater Horizon rig explodes, 11 workers killed. The rig was licensed to BP, drilling for the oil giant’s Macondo project at a depth of 5,000 feet.
115 remaining workers evacuated from rig.
Deepwater Horizon, worth in excess of $560m, collapses into the sea – producing a 5-mile long oil slick.
Efforts to activate the well’s blowout preventer fail.
The US Coast Guard warns that the oil spill could become the worst in American history, announcing that 5,000 barrels of oil a day (210,000 gallons) are leaking into the Gulf of Mexico – five times greater than initial estimates.
US President Barack Obama pledges “every single available resource”, including the military, to contain the spill. Louisiana declares a state of emergency, Obama says BP is responsible for the clean up.
The US government rules that there will be no drilling in new areas until the cause of the accident is known.
BP says it will pay all legitimate claims and the cost of the clean-up.
Obama makes his first visit to the Gulf Coast. BP begins work on the first relief well.
Oil reaches the shores of the Chandeleur Islands off the Louisiana coast.
BP’s ‘top hat’ attempt to place a dome over the top the well fails.
BP gains US approval to spray chemicals on the oil spill.
Obama slams BP and partners over the“ridiculous spectacle” of trading blame for the oil spill – after executives from BP, Transocean and Halliburton appear at Congressional hearings in Washington
The US almost doubles its no-fishing zone to 19 per cent of US waters in the Gulf of Mexico.
Greenpeace activists scale BP’s headquarters in London, hoisting a flag over the oil giant’s entrance with the words “British Polluters”.
BP launches alive camera of the leak, as its containment rate drops to just 2,000 barrels a day.
BP starts its ‘top kill’ operation to block the oil well with mud and debris.
Obama’s second tour of the Louisiana coast. “I am the president and the buck stops with me,” he says.
BP chief executive Tony Hayward makes his first trip to the Gulf.
BP’s top kill plan fails. White House adviser warns the spill is “the biggest environmental disaster” ever faced by the US.
BP loses a third of its market value after its shares plunge as much as 17 per cent during the day’s trading.
US launches a criminal and civil investigation into whether BP broke any laws in its handling of the oil spill.
BP fits a containment cap onto the well using remote control robots.
Obama’s third visit to Louisiana, the president brands the spill “brutally unfair”.
BP says it has captured 10,500 barrels of oil (439,950 gallons) in the last 24 hours.
BP announces that total clean-up costs have now reached $1.25 bn
Obama reacts to criticism over the US government’s handling of the disaster, saying he needs time to look for “whose ass to kick”.
White House demands BP cover all costs of the oil spill in the Gulf of Mexico, including millions of dollars in salaries of workers laid off as a result of Obama’s suspension of drilling in the area. BP shares fall 15 per cent on Wall Street.
David Cameron says the UK government “stands ready to help” BP, with plans to discuss the crisis with Barack Obama.
The US Geological Survey doubles its estimate of the oil spill, announcing that as many as 40,000 barrels (1.68m gallons) of oil a day may have been spewing from the ruptured oil well before BP fitted a cap.
Cameron and Obama hold 30-minute-long phone conversation. The President says his comments about BP have “nothing to do with national identity”.
President Obama says the Gulf oil spill disaster “echoes 9/11” as he arrives in Alabama for his fourth visit.
BP is downgraded by ratings agency Fitch, whose estimates of the clean-up bill double to a maximum of $6 bn.
Obama gives his first televised address from the Oval Office vowing to make the oil giant pay, and campaigning for a greener future.
BP chairman and executives meet with Obama at the White House and agree to set up a $20bn fund to cover damages, as well as suspending the group’s dividend for the rest of the year. US president drafts in America’s “modern-day King Solomon” to head up the fund.
BP chief executive Tony Hayward faced a US congressional hearing. Hayward was repeatedly accused of ignoring safety warnings, shirking responsibility and running a company with “astonishing” corporate responsibilty.
Tony Hayward is seen on his boat at the Isle of Wight ‘Round the Island Race’, prompting Rahm Emanuel, President Obama’s chief of staff, to observe that this was another in a “long line of PR gaffes”.
Shares in BP fall again, after the oil giant admits costs have risen to $2bn and some City fund managers describe the group as ‘dead stock’.
BP shares fall to fourteen year low over fears that a hurricane could disrupt the clean-up operation.
Costs of the oil spill rise to $100,000 a day, as BP warns of approaching tropical storm Alex.
BP begins a complex operation to place a new cap over the leaking oil well.
BP successfully lowers another cap on the leaking well and prepares to test it.
US senators call for an investigation of BP’s Libyan business interests, accusing the oil giant of lobbying for the early release of the convicted Lockerbie terrorist – with plans to use “blood money” to pay off victims of the Gulf spill.
BP begins crucial 48-hour test of new oil containment cap in the Gulf.
BP shares soar at the announcement that oil has stopped spewing out from the leaking oil well in the Gulf of Mexico for the first time since April.
US government releases a letter to BP Chief Managing Director Bob Dudley, referring to an unspecified seepage near the well, along with “undetermined anomalies at the well head”.
Tony Hayward steps down as chief executive and is to be replaced by Bob Dudley, BP’s first American chief executive. BP reports its first quarterly loss in 18 years and reveals that it has set aside £20.8bn to pay for the clean-up of the Gulf of Mexico, including the $20bn escrow fund.
BP deems the “static kill” operation a success. US government scientists estimate that 4.9bn barrels of oil have leaked into the sea since the Deepwater Horizon explosion – pushing BP’s potential fine up to $21bn.