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Devil’s in the details: Why BP’s debt may deter a buyer

Oil & Gas 360º

Despite new CEO Murray Auchincloss reversing course, the shares have continued to underperform in 2025. Finally, BP is still paying for the 2010 Macondo disaster, when a blowout at an offshore platform in the Gulf of Mexico caused one of the world’s worst oil spills. Unlike Shell, which includes $28.5

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1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

Rextag

Record Depths: By 2005, rigs operated at depths exceeding 1,500 meters, using dynamic positioning systems and cutting-edge blowout preventers. As we move into 2025, we must ask: what lessons can we learn from this transformative era? Deepwater Drilling The Gulf of Mexico became the proving ground for technological ambition.