In wake of the Deepwater Horizon crisis, a bold share swap deal with Putin’s Rosneft allowed the stricken oil giant to reinvent itself with a new centre of gravity to the east
As 2011 dawned, BP was desperate to turn the page. For nine months, the crisis-stricken oil major had been weathering the US fallout from the Deepwater Horizon disaster, which killed 11 workers and caused the largest oil spill in history.