BP Makes its Largest Oil and Gas Discovery in 25 Years Offshore Brazil
BP said it discovered oil and gas in the deepwater Santos basin offshore Brazil, a find that could be its largest discovery in 25 years.
The British energy giant is seeking to grow its global upstream production output to up to 2.5 million barrels by 2030, from just over 2.3 million in 2024, as part of a revamped strategy that re-embraces fossil fuels amid pressure from investors.
The energy company will undertake further analysis of data from its Bumerangue exploration well to understand...
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