The Deepwater Horizon catastrophe and resulting oil spill ranks as one of the worst environmental disasters in U.S. history. Much has been learned to date about preventing, responding to, and ...

If the Bureau of Ocean Energy Management has its way, a huge swath of the Eastern Gulf of Mexico, long considered off limits, will be opened to offshore drilling. A map released Nov. 20 includes a ...

BP is moving forward with plans to develop an offshore drilling project in the Gulf of Mexico worth $5 billion. The new platform will develop the Tiber and Guadalupe fields, which combined are ...

HOUSTON, Oct 15 (Reuters) - Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and ...