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

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

Huge oil reserves believed to lie off the mouth of the Amazon have sparked a bitter debate in Brazil about its role in ...

Since the first big finds in the 1940s, Brazil’s politicians have vowed all of its people would benefit. But in some oil ...

Britain's BP announced Monday it made its biggest oil and gas discovery in 25 years off the coast of Brazil, as it shifts ...

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 ...

BP ( NYSE: BP) on Monday announced its biggest oil and gas discovery in 25 years at the Bumerangue prospect, located in ...

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.

Even as Brazil’s oil producers won some relief after US President Donald Trump exempted the commodity from tariffs, fresh concerns are now hitting the South American nation over its reliance on ...

Brazil was not the only country targeted for political reasons. India faces a comparable rate for buying Russian oil. Mr ...

UK supermajor BP has discovered hydrocarbons at one of its prospect exploration wells offshore Brazil, the company said on ...