Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its ...

BP is seeking to bolster oil and gas in its portfolio to regain investor confidence and revive underperforming shares.

After years of pledging to cut fossil fuel output, Big Oil is pivoting back to large-scale oil and gas exploration as the ...

Experts said the initial plan to completely remove MX-1 would have done more harm than good to the marine environment.

BP considers teaming with Petrobras to develop its biggest oil discovery in 25 years despite high CO2 levels raising ...

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

Amid a pivot back to its fossil fuel roots and away from renewable energy, Britain's BP said it had made its largest oil and ...

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

China’s President Xi Jinping told his Brazilian counterpart Luiz Inacio Lula da Silva on Tuesday that their countries could ...

Even as Brazil’s oil producers won some relief after US President Donald Trump exempted the commodity from tariffs, fresh ...

Senator Lindsey Graham has remained hawkish on Russia and China, hitting out at Vladimir Putin over his seeming lack of care ...

With a Friday deadline for Russia to agree to peace in Ukraine or have its oil customers face secondary tariffs, Trump has ...