BP makes largest oil discovery in 25 years after shift back to core gas business
3 Articles
3 Articles
BP makes largest oil discovery in 25 years after shift back to core gas business
BP, one of the Calumet Region's largest industrial employers, made its largest oil discovery in 25 years as it shifts back to focus on its core business of oil and gas production and refining.
Oil patch insider: BP makes big offshore oil iscovery,AK reg reform orders; Nukes to moon - August 10, 2025
On Aug. 4, BP said it has made an oil discovery at the Bumerangue prospect in the deepwater offshore Brazil. According to a Reuters report it's a major discovery for the British company following its strategic shift away from renewable energy to refocus on fossil fuels. BP drilled exploration well...
The British BP discovered a gigantic column of hydrocarbons in the Santos basin, marking a key turning point in its global strategy. The company seeks to establish a new production pole in the South American country while taking up the focus on traditional business.
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