BP upgraded at Scotiabank, saying the Bumerangue block discovery offshore Brazil has "single-handedly changed the longer-term ...

Scotiabank said Thursday that it has upgraded BP to Sector Outperform from Sector Perform, citing the potential of the company’s Bumerangue Block discovery to reshape its upstream business.

Scotiabank upgraded BP (BP) to Outperform from Sector Perform with a price target of $42, up from $34. The believes the shares will narrow the current valuation gap relative to BP’s European ...

Diverging policies on exploitation of oil and gas reserves have created very different environments for operators either side ...

BP p.l.c. (NYSE:BP) is among the 11 Best Hydrogen Stocks to Invest in Now. According to three Petrobras insiders who spoke to ...

The ambitious Norwegian independent DNO is limbering up to start drilling its next big oil exploration well in the Valhall ...

BP is not the only driller betting big on South America, which last year produced around two-fifths as much crude oil as ...

The discovery was made at the Bumerangue prospect in the deepwater Santos Basin of Brazil, 400 kilometres offshore Rio de ...