BP just discovered a billion barrels of oil in the Gulf of Mexico
BP's investment in next-generation technology just paid off to the tune of a billion barrels of oil. The British energy company has discovered 1 billion barrels of crude at an existing oilfield in the Gulf of Mexico. BP also announced two new offshore oil discoveries and a major new investment in a nearby field. BP is the Gulf of Mexico's biggest producer, and it's making strides to hold that title.
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