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BP Makes Biggest Oil Discovery in 25 Years

Yahoo Finance · 3h

BP makes hydrocarbon discovery at Bumerangue exploration well offshore Brazil

BP has confirmed a significant hydrocarbon discovery at the Bumerangue prospect in the deep-water Santos Basin offshore Brazil. The exploration well, 1-BP-13-SPS, was drilled to a total depth of 5,855m and has revealed a promising hydrocarbon column in a high-quality pre-salt carbonate reservoir.

Reuters on MSN · 1d

BP makes its largest oil and gas discovery in 25 years offshore Brazil

BP has made its largest oil and gas discovery in 25 years offshore Brazil, it said on Monday, in a potential big boost for the British company following its strategic shift away from renewable energy to refocus on fossil fuels.

BP makes its biggest oil and natural gas discovery in 25 years

The discovery happened in the deepwater Santos Basin offshore of Brazil. Because of that, BP is now pushing to boost its global upstream production.

BP raises dividend

invezz on MSN · 5h

BP surpasses Q2 expectations with $2.35 billion profit amid upstream strength

BP posts $2.35B Q2 profit, beating estimates and revealing its biggest oil find in 25 years off Brazil’s coast, fueling upstream ambitions.

The Financial Times · 6h

BP raises dividend as profits beat expectations

BP increased its dividend on Tuesday as its second-quarter profits beat analysts’ expectations. Adjusted profits at the energy major were $2.4bn from April to June, a 15 per cent fall from last year but ahead of a consensus forecast of $1.

BP reports $2.53 billion second-quarter profit, beating expectations

BP on Tuesday posted a second-quarter underlying replacement cost profit, or adjusted net income, of $2.35 billion, beating the average $1.82 billion in a company-provided poll of analysts.

BP announces huge discovery off Rio de Janeiro

BP, the British oil and gas company, has announced its largest oil and gas discovery in 25 years, in the Boomerang Field, an ...

2hon MSN

BP beats on profit, raises dividend as oil major strives to rebuild investor confidence

BP (BP.L) reported second-quarter earnings on Tuesday that exceeded analyst expectations, as the oil major seeks to rebuild ...

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