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 says it has net debt of $27 billion – already more than some rivals – but its disclosures show that it has around $38 billion of additional liabilities. BP declined to comment.
Let's personalize your content