BP considers teaming with Petrobras to develop its biggest oil discovery in 25 years despite high CO2 levels raising ...

BP is not the only driller betting big on South America, which last year produced around two-fifths as much crude oil as ...

The discovery was made at the Bumerangue prospect in the deepwater Santos basin of Brazil, some 400 kilometres offshore Rio ...

BP’s share price risen on strong Q2 2025 results and hopes surrounding a potentially huge new oil find. So, is this the start ...

Second quarter results offered some early hints that the supermajor's strategy reset may be bearing fruit - investors will ...

On Aug. 4, BP said it has made an oil discovery at the Bumerangue prospect in the deepwater offshore Brazil. According to a Reuters report it's a major discovery for the British company following its ...

BP upgraded to Buy at Berenberg as fortunes start to turn around after it delivered significantly stronger Q2 results and positive news about a potential discovery in Brazil.

A potential partnership with Petrobras in developing BP's major oil find in Brazil’s Bumerangue block may hinge on carbon ...

BP’s Earnings Call Reflects Strong Performance Amid Challenges ...

CEO Murray Auchincloss has launched a full oil and gas portfolio review in a bid to cut costs as the energy giant faces ...

BP’s shares gained traction this week after Evercore ISI raised its price target to $38, up from the previous $35, citing the ...

bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 km (218 nautical miles) ...