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

BP has a long way to go, but its quarterly profits show the British oil giant is heading in the right direction.

BP has made its largest discovery in 25 years with a new oil and gas find in the Santos Basin, approximately 250 miles off the coast of Rio de Janeiro, the company announced on Monday, August 4, 2025.

BP will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to boost shareholder returns, the oil major said on Tuesday, as it beat second ...

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BP discovered major oil and gas reserves at the Bumerangue block in Brazil’s Santos Basin, its largest find in 25 years. The ...

By bnl editorial staff BP has unveiled its most significant oil and gas discovery in 25 years following successful drilling at the Bumerangue prospect in Brazil's deepwater Santos Basin, providing a ...

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

Also on Monday, BP announced the formation of Jera Nex BP, a London-based offshore wind joint venture with Japanese power company Jera Nex. Ownership is split 50-50 between the two firms.

BP has made its biggest oil and gas discovery in 25 years after drilling a successful well in a field off the coast of Brazil, in a boost to the energy group as it refocuses on fossil fuels.

BP has made an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil, its largest discovery in 25 ...

Claudio Descalzi, CEO of global technology-driven energy company Eni, has joined the Angola Oil&Gas (AOG) conference as a keynote speaker. Taking place September 3-4 in Luanda, AOG is the largest ...