The Justice Department and five states on Monday announced a $20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. BP has reached an $18.7 ...

Oil giants BP and Shell are starting to struggle amid a glut of black gold. And growth in demand looks likely to slow ...

Chevron Corp has started redeploying personnel and restoring production at its Gulf Of Mexico platforms that were closed for ...

Gov. Tate Reeves announced the grants for GOMESA, Restore Act and other money and said his priority is to “spend money now ...

The company's strong presence in the Gulf of Mexico and strategic stakes ... absent the crash of the last few days. BP makes most of its money from the sale of oil and gas. As of Q-3, 2024 ...

Mid-Barataria Sediment Diversion project could stall, losing billions in federal aid, if state leaders don't step up to defend it.

Chevron said it was transporting all personnel to shore and was shutting production at oil rigs in the Gulf of Mexico ahead of Rafael's approach. Shell and BP moved some non-essential personnel ...

Today in History for Nov. 15: ...

More than a quarter of U.S. Gulf of Mexico oil and 16% of natural gas output remained offline in the aftermath of storm ...

Storm Rafael caused significant disruptions in the U.S. Gulf of Mexico, keeping over a quarter of the region's oil and 16% of ...