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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.
bp announces hydrocarbon discovery at Bumerangue exploration well, offshore Brazil
bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometres (218 nautical miles) from Rio de Janeiro, in a water depth of 2,372 metres. The well was drilled to a total depth of 5,855 metres.
BP posts $2.35B Q2 profit, beating estimates and revealing its biggest oil find in 25 years off Brazil’s coast, fueling ...
The British group's return to profit in the second quarter contrasted with weaker results from energy rivals, as lower ...
BP reported underlying second-quarter net profit of $2.35 billion, comfortably beating analyst expectations. The results come as the British oil and gas company continues to try to rebuild investor ...
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