Global markets gave up early gains on Tuesday following the publication of unexpectedly poor US economic data. Euronext ...

OIL giant BP sparked fury today as it announced thousands more job cuts after revealing its largest oil and gas discovery for 25 years and higher-than-expected £1.8 billion quarterly profits.The ...

BP's announcement on Monday of its largest global oil and gas discovery in 25 years in Brazil's offshore Santos basin bodes ...

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The new resources were found in Brazil.

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BP has made its largest discovery in 25 years with a new oil and gas find in the Santos Basin, approximately 250 miles off the coast of Rio de Janeiro, the company announced on Monday, August 4, 2025.

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