Shell shares slide after fears of oil spill in the Gulf of Mexico
Fears of an oil spill in the Gulf of Mexico triggered a slide in the shares of energy giant Royal Dutch Shell today.
The alert came after the Anglo-Dutch company notified the authorities of a light sheen on waters near to its production facilities.
It is "confident" that the oil sheen has not originated from the wells in its Mars or Ursa projects, but out of "prudent caution" has sent a response vessel to investigate further.
With BP's Deepwater Horizon disaster of 2010 fresh in the minds of investors, shares in the company dropped as much as 5% today before recovering after Shell said all its operations in the area appeared to be operating normally.
As well as sending the vessel, Shell requested flights to monitor the sheen, which measures one mile by 10 miles.
Shell said: "A thorough inspection to date of Shell assets reveals operations in the area are normal with no sign of leaks. We have also confirmed there are no well control issues associated with our drilling operations in the area."
The Deepwater Horizon rig explosion killed 11 workers and affected hundreds of miles of coastline after an estimated 4.9 million barrels of oil poured into the sea.
Gay couple beaten in park urge MPs to moderate language on gay marriage
Strewth mate. Aussies wave goodbye to Britain as it becomes too pricey to stay
World news in pictures
Far-right French historian, 78-year-old Dominique Venner, commits suicide in Notre Dame in protest against gay marriage
Oklahoma tornado latest: Obama pledges support for 'as long as it takes' to rebuild the suburb of Moore
- 2 Gay couple beaten in park urge MPs to moderate language on gay marriage
- 3 After woman sells virginity for $780,000, here are the results of our prostitution survey
- 4 Far-right French historian, 78-year-old Dominique Venner, commits suicide in Notre Dame in protest against gay marriage
BMF is the UK’s biggest and best loved outdoor fitness classes
Find out what The Independent's resident travel expert has to say about one of the most beautiful small cities in the world
Win anything from gadgets to five-star holidays on our competitions and offers page.
iJobs Money & Business
£850 - £1000 per day: Orgtel: Programme Change Manager - Banking - London - £8...
£180 - £230 per day: Orgtel: Operations Analyst - Leading Bank in the City of ...
£500 per day: Orgtel: A top tier banking client urgently requires Finance Busi...
£425 - £550 per day: Orgtel: Senior Finance Project Manager - £550 - Bristol -...