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BP says it's stopped oil leaking into the Gulf of Mexico for the first time since the accident began in April. A new containment cap has completely stopped the flow of oil, but the company is continuing to conduct pressure tests to make sure the well doesn't burst again.
Those tests will take between six and 48 hours. In the US, BP's shares jumped 10 percent after the company announced the news. Admiral Thad Allen, who's in charge of the government's response to the disaster, says the cap will be a temporary fix, until engineers can permanently shut off the well by filling it with cement and mud.
|The new containment cap is seen during the "well integrity testing" in the image |
grabbed from the BP's live video feed in the Gulf of Mexico, July 15, 2010. British
oil giant BP said Thursday the new cap on well is fully closed and no oil is going
into Gulf during the well integrity test conducted by the company. (Xinhua/BP LIVE