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 latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1509 ET – Crude oil futures fall for a sixth consecutive session ...

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 ...

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

BP, one of the Calumet Region's largest industrial employers, made its largest oil discovery in 25 years as it shifts back to ...

Three sources from the Brazilian state oil company told us that a possible partnership between BP, Petrobras and the British ...

A possible partnership between BP and Petrobras to develop the British firm's oil and gas find in Brazil's pre-salt layer ...

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

Rigzone contacted BP for comment on Idornigie’s statement. A BP spokesperson declined to comment but directed Rigzone to a ...