The BBC reported BP with its pivot hopes to increase production to between 2.3 million and 2.5 million barrels of oil per day ...

BP plc BP is exploring the possibility of partnering with Petróleo Brasileiro S.A. – Petrobras PBR to develop its Bumerangue oil and gas discovery in Brazil’s pre-salt layer, the company’s largest ...

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

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

Britain’s BP oil and gas giant announced this week its biggest oil and gas discovery in 25 years off the coast of Brazil.

BP's announcement on Monday of its largest global oil and gas discovery in 25 years in Brazil's offshore Santos basin bodes ...

BP has been under ongoing pressure from investors for underperforming compared to its rivals in recent years. In February, BP ...

The new resources were found in Brazil. Coast Guard report reveals who was to blame for Titan submersible implosion: Updates ...

OIL giant BP sparked fury today as it announced thousands more job cuts after revealing its largest oil and gas discovery for ...

BP has a long way to go, but its quarterly profits show the British oil giant is heading in the right direction.

BP has made its biggest oil and gas discovery in 25 years off Brazil, as it shifts away from renewables, while Saudi-led ...