BP says it makes biggest oil and gas find in 25 years

Published: 8/5/2025
BP says it makes biggest oil and gas find in 25 years
BP announces its largest oil and gas find in 25 years at the Bumerangue block off Brazil’s west coast. This significant discovery, marking the company's biggest since 1999, signals a shift back to fossil fuels and aims to boost investor confidence amid a focus on crude oil production. With several successful energy reserve discoveries this year, BP's exploration team celebrates a successful year despite challenges in its transformation to a "net zero" energy producer.