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

Second quarter results offered some early hints that the supermajor's strategy reset may be bearing fruit - investors will ...

Dow Jones Top Energy Headlines at 12 AM ET: ConocoPhillips Posts Lower Earnings as Oil Prices Fall | Energy ... ConocoPhillips's second-quarter earnings fell, hurt by lower prices that were slightly ...

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 ...

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 ...

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 ...