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 ...

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 ...

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

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