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News

BP makes largest oil discovery in 25 years

Reuters on MSN · 2d
BP hails Brazil block as its largest global oil and gas find in 25 years
BP is seeking to bolster oil and gas in its portfolio to regain investor confidence and revive underperforming shares.
CNN · 2d
BP makes its biggest oil and natural gas discovery in 25 years as it refocuses on fossil fuels
BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big boost for the British company following its strategic shift away from renewable energy to refocus on fossil fuels.
Chron on MSN · 5h
BP announces major oil-and-gas discovery in Atlantic Ocean
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 by 2030. The Brazil find also comes at the same time BP announced that it started its Argos Southwest Expansion in the Gulf of Mexico. With Argos, BP is adding 20,000 barrels of oil equivalent per day.
MercoPress
14h
BP announces major oil discovery off Brazil, while OPEC+ with Saudi Arabia leading, increase production
Britain’s BP oil and gas giant announced this week its biggest oil and gas discovery in 25 years off the coast of Brazil.
China Daily Global Edition
8m
BP announces major additional job cuts
The Evening Standard newspaper said shareholders called on the company to do more to curtail costs, and pressure from them, ...

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