Find at 300 sq km Bumerangue field is a potential major boost as company refocuses on fossil fuels

Find at 300 sq km Bumerangue field is a potential major boost as company refocuses on fossil fuels

Company renews focus on fossil fuels and believes Santos basin could be its largest find since 1999

FTSE 100 giant claims find off Brazilian coast is its biggest in quarter of a century

Review to follow the arrival of new chair Albert Manifold as oil major moves to placate restless investors

Amid a pivot back to its fossil fuel roots and away from renewable energy, Britain's BP said it had made its largest oil and gas discovery in 25 years.