
BP To Boost Gulf of Mexico Spending as Shale-Focused Rivals Pull Back
From Reuters BP Plc on Monday announced new production units in the Gulf of Mexico, enhancing its standing as the largest producer there at a time when rival global oil majors are scrambling to expand vast U.S. onshore shale drilling. Britain-based BP will add two new subsea production units about two miles (3.2 km) south of its existing giant Thunder