UK supermajor BP has resumed exploration activities offshore Brazil with the drilling of the first wildcat in the prolific pre-salt province in more than 10 years. According to data from Brazilian ...

BP (BP) said Thursday it will move forward with plans to extract oil from the Bumerangue block in Brazil's offshore Santos basin after initial analysis supported earlier views that it holds a ...

The FINANCIAL — BP Biofuels and Copersucar on November 30 announced that they have agreed to form a joint venture to own and operate a major ethanol storage terminal in Brazil, better and flexibly ...

SAO PAULO (Reuters) - U.S. commodities trader Bunge Ltd and British energy company BP Plc said on Monday they will merge their Brazilian sugar and ethanol operations to create the world's ...

Analysis of BP’s largest oil and gas discovery in decades has revealed that it could be even bigger than it first thought. The UK-listed oil giant has hailed the Bumerangue site off the coast of ...

Petrobras has made a new deepwater hydrocarbon discovery in Brazil's Campos Basin, adding to a string of recent upstream wins ...

Head of production Gordon Birrell says supermajor confidence ‘has increased’ following first Bumerangue dataset, but appraisal work not expected before 2027 BP has shed more light on the potential ...

BP BP-1.10%decrease; red down pointing triangle is pressing ahead with plans for its largest oil and gas discovery in 25 years after confirming that the site offshore Brazil holds a significant volume ...