gulf of mexico

HOUSTON–An oil and gas platform exploded and caught fire off the coast of Louisiana on Friday, injuring 11, leaving two missing and resulting in a

(Bloomberg) The Obama administration has issued this year the most deep-water oil-drilling permits for the Gulf of Mexico since 2007 as high crude prices

Oceaneering International, Inc. (NYSE:OII) announced today that it has entered into a five-year charter for use of the Cade Candies, a multi-service subsea

MEXICO CITY–Mexican state oil monopoly Petroleos Mexicanos, or Pemex, has found a second big crude-oil deposit in the deep waters of the Gulf of Mexico,

(Bloomberg) — Petroleos Mexicanos, the world’s fourth-largest crude producer, found a new ultra-deepwater field with about 200 million barrels of

HOUSTON–The U.S. Gulf of Mexico is on track to surpass by 2019 the peak production levels last seen before the 2010 Deepwater Horizon disaster, analysts

Petroleo Brasileiro SA (PBR) is very near to closing a deal on the sale of up to $6 billion in Gulf of Mexico assets, and has narrowed talks down to

A fire at a Gulf of Mexico platform owned by W&T Offshore Inc. (WTI) injured three people, the U.S. Coast Guard said Wednesday. The fire at the platform

(Bloomberg) — Gulf of Mexico fisheries are rebounding from the BP Plc oil spill, landing more fish last year than in 2009, the year before the worst U.S.

BP PLC (BP, BP.LN) reached a deal to sell some of its Gulf of Mexico offshore oil fields to Plains Exploration & Production Co. (PXP) for $5.55 billion, as

Brazilian state-owned oil company Petroleo Brasileiro SA, or Petrobras, is seeking a joint-venture partner to invest as much as $4 billion into the

(Bloomberg) — The Louisiana Offshore Oil Port, the single largest entry point for crude coming into the U.S., plans to suspend offloading oil tankers

(Bloomberg) — Tropical Storm Isaac, which has delayed the opening of the Republican National Convention and scrubbed more than 650 flights, is expected

(Bloomberg) — ATP Oil & Gas Corp., the Gulf of Mexico oil producer that filed for bankruptcy last week, was given preliminary approval by a judge for

The U.S. Bureau of Safety and Environmental Enforcement on Thursday gave teeth to its policy that its inspectors can issue citations to oilfield service

BP Plc is seeking as much as $7.9 billion before tax payments for a group of Gulf of Mexico oilfields as it unloads assets following its 2010 spill in

While Cnooc Ltd.’s (CEO, 0883.HK) $15.1-billion takeover offer for Nexen Inc. (NXY.T, NXY) would give the Chinese energy producer operational control of

HOUSTON–U.S. regulators are testing how a spill-fighting consortium of international oil companies would respond to the worst-case scenario: a well

A team of NOAA-supported scientists is predicting that this year’s Gulf of Mexico hypoxic zone could range from a low of approximately 1,197 square miles

HOUSTON–U.S. Interior Secretary Ken Salazar said Wednesday that the first lease sale in the central U.S. Gulf of Mexico since the Deepwater Horizon oil