BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big ...

BP shares rose by a little over 1% in London trading after the announcement. Energy giant BP says it has made its largest oil ...

Chief exec Murray Auchincloss (pictured) is attempting to reverse BP's ill-fated pivot to green energy to close the gap with ...

BP says plans to create a major new output hub at the Bumerangue discovery in Brazil, which was probably the company's ...

BP reported an important oil and gas discovery in more than 20 years, an offshore find in Brazil that could change the ...

bp made an oil and gas discovery at the Bumerangue prospect deepwater offshore Brazil in Santos basin.

BP has made its biggest oil and gas discovery in 25 years after drilling a successful well in a field off the coast of Brazil, in a boost to the energy group as it refocuses on fossil fuels.

TPAO will purchase a 15% stake from bp and a 15% interest from SOCAR. At present, bp and SOCAR each hold 50% interests in the PSA. BP will remain the PSA operator during the exploration period.

BP has begun drilling the first production well from the Azeri Central East platform in the Caspian Sea, advancing the Azeri-Chirag-Gunashli field.

BP has withdrawn from negotiations on development of certain projects in the Kazakh sector of the Caspian Sea. In a letter sent to JSC KazMunaiGas October 2020 and published by the state-owned ...

The oil giant said the discovery was its tenth to date in 2025 and the biggest since the 1999 find of the Shah Deniz gas ...

BP has made its largest oil and gas discovery in 25 years offshore Brazil, it said on Monday, in a potential big boost for ...