The Justice Department and five states on Monday announced a $20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. BP has reached an $18.7 ...

More than a quarter of U.S. Gulf of Mexico oil and 16% of natural gas output remained offline in the aftermath of storm ...

Hurricane Rafael continued to impact oil and natural gas production in the Gulf of Mexico Friday, even as the storm moved away from the U.S. mainland and out into the open waters of the Gulf.

Oil giants BP and Shell are starting to struggle amid a glut of black gold. And growth in demand looks likely to slow ...

Based on data from offshore operator reports submitted to the Bureau of Safety and Environmental Enforcement, 17 Gulf of Mexico platforms have been evacuated, or nearly 5% of the 371 platforms in the ...

Tropical storm Rafael has strengthened to hurricane intensity in recent hours and is still set to continue its path toward the U.S. Gulf of Mexico, where oil and gas producers have shut-in ...

Tropical Storm Rafael has formed in the Caribbean south of Jamaica, sparking a round of evacuations from US offshore oil and natural gas platforms in the Gulf of Mexico.

Oil and Gas Producers Cut US Gulf of Mexico Output Ahead of Storm (Reuters) -Oil and gas producers began shutting in U.S. Gulf of Mexico output and pulling workers off platforms on Tuesday ahead ...

The feds threaten to withhold $2.2 billion from the massive effort to save and restore the state’s diminishing coastline if ...

More than a quarter of crude oil production and nearly 17% of natural gas output in the U.S. Gulf of Mexico was offline in ...