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 ...

Donald Trump’s inaugural address as US president this week included a eulogy to fossil fuels and the “liquid gold under our feet”. Despite BP’s large oil and gas operations and reserves in Texas and ...

Offshore drilling is a direct result of the growing global appetite for oil and gas. At present, ecosystems in the Gulf of Mexico are being exposed to an oil spill larger in magnitude and scope ...

Long before Trump expressed interest in a name change, conquerors have battled to claim the wealth of its rich waters.

Vast stretches of Russian coast have been tarred by heavy fuel oil from two freighters that foundered in a storm.

Florida Democrats are hailing President Joe Biden’s announcement on Monday that he will permanently ban future offshore oil and gas drilling off of Florida’s Gulf Coast, a long contentious issue that ...

“We’re going to be changing the name of the Gulf of Mexico to the Gulf of America, which has a beautiful ring that covers a lot of territory,” Trump said of the ocean basin that borders five U.S.

President-elect Donald Trump took aim at Mexico again Tuesday boasting that he would rename the Gulf of Mexico in retaliation ...

BP's focus on returning capital to shareholders is attractive, however, lower oil prices could impact the strategy. Read why ...

Houston-based operator Talos Energy says it has found “commercial quantities” of oil and gas at its second exploration well ...