BP, one of the most aggressive actors when it comes to the crude oil renaissance, just announced a big move in the Gulf. The ...

The 100% owned platform, its second in the region in less than two years, will be the company’s seventh oil and gas ...

BP Plc has signed off on a $5 billion bet in the US Gulf of Mexico, pressing ahead with the Tiber-Guadalupe offshore project ...

HOUSTON (Reuters) -British energy major BP will go ahead with developing a $5 billion offshore drilling project in the U.S.

British oil and gas giant BP plc announced on Monday that it has approved the Tiber-Guadalupe deepwater project in the Gulf of Mexico—a region the company now refers to as the "Gulf of America", ...

FID on the Tiber-Guadalupe project, marking its second offshore platform approval in the US Gulf in 2 years as it works to ...

Texas biologist says he's optimistic after previous mega-blowout. July 8, 2010 -- We all know the scenario by now: On a simmering spring day in the Gulf of Mexico, workers on an offshore platform are ...

The BP oil disaster in the Gulf of Mexico that is starting to wash ashore is only getting sadder by the minute. Some of the most depressing images were broadcast tonight on MSNBC, as Rachel Maddow ...

There’s one particular oil price forecast that’s caught the attention of our writer. If it’s right, the BP share price could ...

— -- British energy producer BP on Wednesday reported a "giant" oil discovery in the Gulf of Mexico that's likely to spur more excitement about the region's potential. The well, 250 miles ...

An appeals court in the U.S. has ruled in BP’s favor in a dispute over the terms of its Gulf of Mexico oil spill settlement. The U.S. Court of Appeals ordered a review of the deal on Wednesday, based ...

The Environmental Protection Agency has lifted a ban on BP, which allows the petroleum company to once again seek oil leases in the Gulf of Mexico. BP sued the EPA to lift the suspension last year. BP ...