Oil companies have offered $279 million for drilling rights in the Gulf of Mexico in the first offshore lease sale in the ...

London-based BP, which maintains its U.S. headquarters in Houston, made the most bids at 58, exposing $90.57 million in the ...

The waters of the Gulf of Mexico are often favored for their warm temperature, attracting tourists throughout the summer ...

The Gulf may have stopped Dhurandhar at the border, but India has pushed it to sky-high numbers. With six countries rejecting ...

A unit of BP Plc was the high bidder in a US auction for oil and gas drilling rights in the Gulf of Mexico, the first sale ...

BP , Woodside Energy and Chevron were the top winners on Wednesday at the U.S. government's first sale of oil and gas ...

The auctions mark a shift from the Biden administration, which sought to reduce offshore drilling as part of a plan to move toward clean energy sources.

Oil major Shell said output at two of its offshore platforms in the U.S. Gulf of Mexico has been temporarily shut due to a ...