Devil’s in the details: Why BP’s debt may deter a buyer
Oil & Gas 360º
JUNE 25, 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. BP’s valuation could improve if it completes its $20 billion asset disposal plan by 2026. Unlike Shell, which includes $28.5 billion of such liabilities in its $41.5
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