BP's struggle to contain the Gulf of Mexico oil spill was nearing a potentially important stage Friday even as worries about the soaring costs of the clean-up sent its shares nosediving to a 14-year low in London trade.
The first tropical depression of the Atlantic 2010 hurricane season has formed in the Western Caribbean, but it is unclear if it will pass over the massive oil spill in the Gulf of Mexico.
BP has resumed collecting oil from its leaking Gulf of Mexico well after a temporary setback while a poll showed the environmental disaster is draining public confidence in U.S. President Barack Obama.