BP says it makes biggest oil and gas find in 25 years
Published: 8/5/2025

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.