gulf of mexico

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

NOTE: Last week the Woods Hole Oceanographic Institute taught us about the chemical makeup of the oil plume created after the Deepwater Horizon disaster. 

Spread Between Futures Contracts Makes Stashing Crude Offshore Attractive LONDON (Dow Jones)—Storing oil in tankers offshore is on the rise again in the

LONDON (Dow Jones)–The number of ships storing crude off the U.S. Gulf Coast has risen to six, shipbroker ICAP said Friday in a note. Three very large

COVINGTON, LA  Hornbeck Offshore Services, Inc. (NYSE: HOS) and Marine Spill Response Corporation (MSRC) announced today that they have entered into a

(Graphic by Jack Cook, Woods Hole Oceanographic Institution) Taking another major step in sleuthing the 2010 Deepwater Horizon oil spill, a research team led

WASHINGTON (Dow Jones)–U.S. officials are pursuing a relatively narrow approach to regulating offshore drilling contractors and service providers, such

LONDON—BP PLC vowed to hold itself to a higher set of deepwater-drilling standards than those already prescribed by U.S. authorities, as the U.K. energy

Gulf Offshore Oil and Gas Industry Could Support Over 400,000 Jobs Nationwide by 2013 A new study released today by the National Ocean Industries Association

LONDON (Dow Jones)–Two oil tankers have been booked for use as floating storage vessels off the U.S. Gulf Coast this month, shipping brokers told Dow

By Angel Gonzalez An internal investigation by Transocean Ltd. determined that a series of risky decisions made mostly by BP PLC led to the Deepwater Horizon

HOUSTON (Dow Jones)–Diamond Offshore Drilling Inc. (DO) said Tuesday that it will move one of its deep-water rigs from the U.S. Gulf of Mexico later this

BRETON SOUND, La. – A sheen is spotted from a Coast Guard HC-144 Ocean Sentry aircraft off the coast of Venice, La., June 9, 2011. U.S. Coast Guard photo

Exxon Mobil Corp.’s huge new oil discovery in the Gulf of Mexico is good news for domestic energy production, but it’s even better news as a sign

ExxonMobil Corporation (NYSE:XOM) today announced two major oil discoveries and a gas discovery in the deepwater Gulf of Mexico after drilling the

Shell today announced a significant, multi-billion dollar investment to develop its major Cardamom oil and gas field in the deep waters of the Gulf of Mexico

BHP Billiton Petroleum announced today that it is the first company in the deepwater Gulf of Mexico to bring a newly drilled well into production since the