Lease Bd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Spill people are wondering why we're hearing the term british and petroleum in the u.s. it's an interesting topic because here, of course, it's called bp, we have ba, bt, so different from 3m or at&t in the u.s. they are hearing the world british and wondering if there's an idea that they should be the ones that are blamed completely for all of this when, of course, bp wants to say that, of course, other people working with them on this oil spill. so we did this blog about what bp stands for. some people say it means big polluter. you might remember they used to try to call themselves beyond p...

Trying to talk about the other things that it does. >> alternatives. >> as we know, of course, huge oil and gas company, that's really what they are, of course. >> jim, thank you for that. we're going to be knowing a lot about bp over the course of the next few weeks. it's useful to know a little bit about that background. watching stuff in 3-d has required those goofy glasses. one company's vision is correcting that and making the media mobile. it's the big idea behind today's big i coming up straight ahead.

The plan that bp is going to try. they tried, david, to drop this concrete box over the hole to contain the oil flow and have it siphoned up to the pipe of the surfa surface. that didn't work. >> reporter: well, they're still working on a variation of that system, that massive dome that they built to put in place, actually filled up with crystals that clogged it up. so they set it aside. their solution for this is to try a smaller dome. they're calling it a top hat. it's only about five feet tall, about four feet in diameter. so much, much smaller than that dome they were using before. but thi...

The accident that caused it started about three weeks ago on the deep water horizon. you will remember, that was a drilling rig, deep water ho rrin was owned by transocean and lease bd by bp for the oil. and the connection on the floor was made by halliburton. now, the three executives of those companies are the guys who are testifying on capitol hill right now. on the left you can see lamar maccay. he's the president and chairman of bp america. steven newman in the middle, is president and chief executive officer of transobservatiocean. and tell probert on the right is the president of hallib...