gulf of mexico

By Tennille Tracy, The Wall Street Journal WASHINGTON—The U.S. has decided to allow BP PLC to bid on new oil-drilling leases that go up for sale in the

HOUSTON (Dow Jones)–The U.S. Coast Guard said Friday the wreckage of Transocean Ltd.’s (RIG) Deepwater Horizon rig, which sank last year,

Harvey Gulf International has awarded a contract to Wärtsilä to supply liquified natural gas propulsion equipment for two of Harvey Gulf’s newbuild

Seadrill announced today that it has secured contracts for two of the companies newbuild ultra-deepwater semi-submersibles currently under construction in

HOUSTON (Dow Jones)–Marathon Oil Corp. (MRO) said Thursday it is considering selling minority stakes in its U.S. Gulf of Mexico assets in order to

The Marine Well Containment Company (MWCC) says it has taken delivery of an integral part of its expanded containment system, a new Aframax tanker. The 107,500

(Dow Jones) US offshore regulators are issuing deepwater drilling permits under new regulations like it was 2009–before the disastrous oil spill in the

Congressman Steve Cohen, a Democrat from Tennessee, last week reintroduced a bill in the U.S. House of Representatives that would require all vessels

The U.S. offshore regulator, Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE), has completed its first post-Macondo unannounced spill

– By Russell Gold, Wall Street Journal The Gulf of Mexico has staged a comeback as a source of oil for big energy companies, little more than a year

By Russell Gold A federal investigation into the cause of the Deepwater Horizon disaster in the Gulf of Mexico points the finger at BP PLC, but also its

Mexican state-owned petroleum company Pemex reported Sunday that 7 of the ten missing persons from the abandoned Trinity IIhave been found alive in the

UPDATE: Read HERE for Monday update on this incident. Ten people are missing after a liftboat contracted by the seismic data services company, Geokinetics,

In this report issued by the Woods Hole Oceanographic Institution, researches assess just how much oil and gas spilled as a result of the Deepwater Horizon

JEAN LAFITTE, Louisiana—The center of Tropical Storm Lee stretched across the central Gulf Coast early Sunday, dumping torrential rains that threatened

Photo courtesy OneEighteen via Flickr HOUSTON (Dow Jones)–The U.S. Coast Guard and the Federal Bureau of Investigation must develop a joint national plan

HOUSTON— (Dow Jones) The only thing that surprised the energy industry more than ExxonMobil Corp.’s mammoth oil find in the Gulf of Mexico is

A civil trial to determine liability in last year’s Gulf of Mexico oil spill has been given a preliminary start date of Feb. 27, 2012, with the expected

AMSTERDAM (Dow Jones)–Dutch oil and gas-services provider Fugro NV (FUR.AE) Friday warned that current economic uncertainty is causing delays in the

PARIS (Dow Jones)–Pointing to a worsening business environment in Italy, North Africa and the U.S. that resulted in a net loss for the half-year and a