BP BP-1.96%decrease; red down pointing triangle 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 ...

BP has made a significant oil discovery at its Far South prospect in the deep-water Gulf of Mexico. The exploration well, drilled in Green Canyon Block 584, is located approximately 120 miles (193 ...

Tropical Storm Rafael has formed in the Caribbean south of Jamaica, sparking a round of evacuations from US offshore oil and natural gas platforms in the Gulf of Mexico.

Oil and gas producers began shutting in offshore production a week ago, as Francine moved through the U.S. Gulf of Mexico. There were 24 oil and gas platforms still evacuated on Monday ...

Ships in Port Fourchon, Louisiana that service the Gulf of Mexico’s deepwater oil and gas business. Similar ships could one day serve offshore wind farms, and Louisiana companies already build ...

The Gulf of Mexico ... was burning oil from the surface of the sea. “Endangered sea turtles and other marine creatures were being corralled into 500-square-mile ‘burn fields’ and burnt ...