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BP makes largest oil, gas discovery in 25 years

BP Makes Potentially Largest Discovery in 25 Years Offshore Brazil

The energy giant said it discovered oil and gas in the deepwater Santos basin offshore Brazil as it seeks to grow global upstream production output.

Reuters on MSN · 6h

BP strikes major oil discovery offshore Brazil, its largest in decades

BP said on Monday it has made its largest oil and gas discovery in 25 years in Brazil's Santos basin, a so-called pre-salt area in deep water offshore which is believed to be a large reservoir of oil and gas.

CNN · 1h

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.

3hon MSN

BP to update on cost-cutting progress as Elliot increases pressure, FT reports

BP will announce updates on its $5 billion cost-cutting initiative on Tuesday, amid growing pressure from activist investor ...

Upstream Online1h

BP starts production from new expansion project in US Gulf

UK supermajor BP has started production from the Argos Southwest extension project in the US Gulf, its fifth major ...

BP's Profit Expected to Rise, Cost-Cutting Plan in Focus -- Earnings Preview

PROFIT FORECAST: Analysts expect BP to report an underlying replacement-cost profit--a metric similar to net income its U.S. peers report--of $1.82 billion, according to a company-compiled consensus.

BP Can't Overcome Some Structural Issues Right Now

BP p.l.c. downgraded to Hold as weak refining margins, well-supplied energy markets, and limited growth prospects weigh on ...

Zacks Investment Research on MSN4d

BP p.l.c. (BP) Is a Trending Stock: Facts to Know Before Betting on It

BP (BP) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the ...

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