BP said it has discovered oil at the U.S. Far South prospect in the Gulf of Mexico at a time when the British energy major is growing upstream production under a reset strategy. BP said Monday ...

The Trump administration is proposing to hold a sale of oil and gas drilling rights on 80 million acres (32.4 million hectares)in the Gulf of Mexico on December 10 with lower deepwater royalty ...

The Department of Interior Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels of oil in the Gulf of Mexico's Outer Continental shelf.

The Far South discovery aligns with BP’s ambition to scale production in the U.S. Gulf of Mexico to more than 400,000 barrels of oil equivalent per day (boepd) by 2030.

The last major oil spill in the Gulf of Mexico was the 2010 Deepwater Horizon event. Then, a BP-operated platform exploded, causing around 134 million gallons, of oil to discharge. More Gulf Coast ...

BP has made an oil discovery in the deepwater U.S. Gulf of Mexico 120 miles off the coast of Louisiana, the UK-based supermajor said on Monday.

Hundreds of workers evacuated after a deadly explosion, — -- An explosion and ensuing fire on an oil rig in the Gulf of Mexico today left four dead and injured 45 others, according to the ...

The BP oil spill affected fish in the Gulf of Mexico in different ways. Some showed clear signs of oil exposure, with many reef fish developing skin lesions in 2011.

bp plc discovered oil at the Far South prospect 120 miles off the coast of Louisiana in deepwater Gulf of Mexico. The exploration well was drilled in Green Canyon Block 584 to a total depth of ...

May 3, 2010 -- With the White House putting pressure on BP today, company executives promised to clean up the oil spill polluting the Gulf of Mexico but tried to shift responsibility for the ...