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BP, which said it will pay for all cleanup costs, is still in the midst of several efforts aimed at stopping the leak.
FORBES
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Like BP, which said Thursday it had finally stopped the oil leak in the Gulf of Mexico, Goldman Sachs has moved to cap its own public relations nightmare.
FORBES: Goldman Settles SEC Charges For $550 Million
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BP, which jointly operates the plant, said it had begun to evacuate employees from Algeria.
NPR: Algeria: 12 Hostages Have Died In The Siege
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BP, which owns part of the facility, said there was "a small number" of its employees "whose current location and situation remain uncertain".
BBC: Algeria hostage crisis: 'About 10 Britons' remain captive
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Stephen Pope, global equity strategist at Cantor Fitzgerald in London, says there are still a number of undetermined issues, including the pressure reading which is still short of the level that BP itself has said it needs to see to declare the well sound.
FORBES: Bottom-Fishers Still Leery Of BP Stock
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In its investigation of the explosion aboard a rig leased from Transocean ( RIG), which killed 11 and resulted in a major environmental disaster, BP said a variety of factors were to blame, and looked to share responsibility with it partners and contractors at the site.
FORBES: Halliburton Sues BP for Defamation, Misrepresentation
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However, chief executive Bob Dudley said the figures showed "strong progress" at BP, which is raising the quarterly dividend by 12.5%.
BBC: BP profits fall but dividend is raised 12.5%
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In May, BP accepted responsibility for a "series of failures" by staff which it said led to a fatal explosion at its largest US refinery.
BBC: NEWS | Business | Strong oil demand lifts BP profit
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Analysts said that BP will provide much needed deepwater exploration expertise to Reliance which has been struggling to ramp up production at KG-D6, its biggest block which lies off the east coast.
FORBES: Mukesh Ambani's Reliance Industries inks $7.2 billion deal with BP
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In a statement issued Tuesday, BP said it was cooperating with Justice Department and other investigations into the spill, which lasted nearly three months.
CNN: First criminal charges filed in BP oil spill
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"BP is a company which is present in Azerbaijan almost since the very beginning of our independence, " he said.
CNN: Azerbaijan's Aliyev shrugs off BP-Russia alliance