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

BP Plc says it has made its biggest discovery in 25 years in deep waters off Brazil, a boon for the UK oil major as it seeks ...

Good afternoon and happy Monday, readers! Congress is out of session for the remainder of the month, but before leaving for ...

The discovery happened in the deepwater Santos Basin offshore of Brazil. Because of that, BP is now pushing to boost its ...

Also in today’s newsletter, Singapore tycoon pleads guilty in gifts scandal, and Tesla board awards $30bn of shares to Musk ...

Energy stocks are the only major sector that fell Monday as oil prices pulled pack. OPEC+ said over the weekend that it will raise output by another 547,000 barrels a day in September, and the market ...

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

Major Wall Street banks have modestly lifted their oil-price forecasts for this year and next, but lingering uncertainty over U.S. tariffs and rising OPEC+ output continue to cloud the outlook. Shell ...

BP has made its largest global oil and gas discovery in 25 years in Brazil's Santos basin, it said on Monday, in what may be ...

U.S. copper prices surged due to fears of a 50% tariff on imported copper, but a surprise exemption for raw copper materials ...

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

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