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The Nexus
BUSINESSMay 27 · 12:44 UTCBLOOMBERGMitchell Ferman

BP’s Long History of Management Turmoil Makes an Unexpected Return

BP announced its biggest oil discovery in 25 years in deep waters off Brazil, offering a potential boost as the company seeks to reverse years of underperformance. The discovery was highlighted amid ongoing management challenges for the UK-based oil major.

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