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 ...

ConocoPhillips's second-quarter earnings fell, hurt by lower prices that were slightly offset by higher production. Energy & Utilities Roundup: Market Talk Find insight on oil futures, Canadian ...

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 ...

U.S. natural gas prices flitted between gains and losses ahead of the EIA's inventory report, which is expected to show a below-average injection for last week. The transaction paves the way for ...

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) ...

The Evening Standard newspaper said shareholders called on the company to do more to curtail costs, and pressure from them, ...

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 ...