Spill Fighters

David Cameron has made an appeal on behalf of BP’s British investors as it was forced to suspend dividend payments over its US oil spill.

David Cameron confronts Barack Obama in battle to protect BP

In a Congressional Panel on Friday experts testified that the effects of the Gulf of Mexico oil spill could be felt as far as Europe and the Arctic and could be an ‘ecological disaster of unknown proportions’ according to CNN.

BP Oil Spill 2010: Effects Could Be Felt in Europe and Arctic

Experts such as Vladimir Kutcherov say oil spill flooding the Gulf Coast shores of the United States “could go on for years and years … many years.” This means that the oil could easily float to every European shore country.

BP Oil Disaster Could Hit Europe Via the Powerful Gulf Stream Current

U.S. Coast Guards said that The United States would deal with the oil spill for four to six weeks.  This naturally scared “oil-using” companies, especially in Hungary because most of them see their shares drop as their setting aside their oil orders.

European shares down debt crisis affected Hungary and oil spill

BP’s Gulf of Mexico oil spill will lead to approval and production delays in the European shale gas industry as governments crack down on environmental safety regulations.

BP’s Gulf of Mexico oil spill to affect EU shale gas projects