BP has approved a $5 billion investment in its Tiber-Guadalupe project in the US Gulf of Mexico, aiming to significantly increase its upstream production and US oil output by 2030.

NEW ORLEANS (AP) – Nearly 20 months after its massive Gulf of Mexico oil spill _ and just as the nation focuses on New Orleans, host of the BCS title game _ BP is pushing a slick nationwide public ...

BP, one of the most aggressive actors when it comes to the crude oil renaissance, just announced a big move in the Gulf. The ...

Oil and gas major BP (BP) on Tuesday said it expects third-quarter upstream production to rise from the previous quarter, ...

The 100% owned platform, its second in the region in less than two years, will be the company’s seventh oil and gas production hub in the Gulf of Mexico.

BP, a British energy major, announced on Monday its decision to proceed with a $5 billion offshore drilling project in the US Gulf of Mexico. This move highlights the company’s dedication to ...

Democratic strategist James Carville calls on Obama to address the nation. BURAS, La. May 31, 2010— -- As BP prepares to launch its seventh and riskiest plan to halt the flow of oil into the Gulf ...

BP on Sunday said it has begun to evacuate four offshore U.S. Gulf of Mexico oil platforms and secure facilities as Tropical Storm Zeta sprang up in the Caribbean Sea.

The BP oil spill—triggered by the Deepwater Horizon explosion 15 years ago last month—remains the worst environmental disaster in U.S. history. The Deepwater Horizon explosion killed 11 people and ...

NEW ORLEANS (AP) - Gulf of Mexico shrimpers and crabbers, who have reported diminished catches since the BP oil spill, are being offered a more generous settlement package because of lingering ...