Since the first big finds in the 1940s, Brazil’s politicians have vowed all of its people would benefit. But in some oil ...

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

Dow Jones Top Energy Headlines at 12 AM ET: ConocoPhillips Posts Lower Earnings as Oil Prices Fall | Energy ... ConocoPhillips's second-quarter earnings fell, hurt by lower prices that were slightly ...

Global energy giant BP said it would cut thousands more jobs by the end of this year, as the company continues to reduce its ...

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 ...

The expanded layoffs are part of BP's broader "reset" strategy, first announced in January, aimed at slashing costs by $2 ...

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

New reports on the BP layoffs indicate the company is widening the extent of its job cuts for 2025 to further its ...

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