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.

A Trump administration proposal to allow more exploration for oil and gas violates environmental laws, the groups said. By Karen Zraick Environmental groups sued the Trump administration on Tuesday ...

A lawsuit filed by Earthjustice claims the federal government has ignored laws passed to protect coastal communities and marine life from offshore drilling hazards Groups are calling for all actions ...

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 ...