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

Unlike China and India, Brazil does not import crude oil directly from Russia. However, it ranks as the third-largest buyer ...

Meanwhile, the price of futures contracts of WTI crude oil for September 2025 delivery was down by 0.98% at $65.52 per barrel ...

Secondary sanctions and tariffs against those that are buying Russian oil - an obvious step to try and bring this war to an end, Matt Whitaker noted ...

Brazil’s east coast — the company’s most significant since the Shah Deniz gas field in the Caspian Sea in 1999, Azernews ...

The British group's return to profit in the second quarter contrasted with weaker results from energy rivals, as lower ...

Major Wall Street banks have modestly lifted their oil-price forecasts for this year and next, but lingering uncertainty over U.S. tariffs and rising OPEC+ output continue to cloud the outlook. Shell ...

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

Oil and gas giant British Petroleum has made the biggest discovery of an oil source in 25 years in deepwater off the coast of ...

Oil edged lower in the early Asia trade as OPEC+ is expected to take a break before unwinding the next layer of voluntary cuts or otherwise face a ballooning surplus in the oil market. The energy ...

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

Good afternoon and happy Monday, readers! Congress is out of session for the remainder of the month, but before leaving for ...