By bne IntelliNews BP (BP) said last week that it had achieved first oil from the Atlantis Drill Center 1 expansion project ...

BP Plc (NYSE: BP) approved a $5 billion oil and gas project in the Gulf of America, reinforcing its commitment to the offshore basin as a driver of future growth. The Tiber-Guadalupe development is ...

BP, Woodside Energy and Chevron were the top winners on Wednesday at the U.S. government's first sale of oil and gas drilling ...

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 has started up a new subsea expansion at its long-running Atlantis platform, boosting Gulf of America output.

BP approved the Tiber-Guadalupe oil project in the Gulf of America, which involves installing a new production platform with a capacity of 80,000 bpd. BP PLC has announced a positive FID (final ...

The project is expected to add 15,000 boe/d gross peak annualized average production from the Atlantis platform, which has a gross production capacity of up to 200,000 b/d of ...

— -- British energy producer BP on Wednesday reported a "giant" oil discovery in the Gulf of Mexico that's likely to spur more excitement about the region's potential. The well, 250 miles ...

Oil and gas companies are bringing several new projects online in the Gulf, moves aimed at keeping production flowing offshore as older projects shutter and the Trump administration gives a stamp of ...

bp (NYSE: BP) has reached a final investment decision on the Tiber-Guadalupe project, a new 100%-owned deepwater oil hub in the US Gulf of America. The $5 billion development will feature a floating ...

Not only are some of the world's top oil-and-gas companies pulling away from renewables and embracing fossil fuels even more, but they're also doubling down by making major plays in the crude-rich ...

New court filings by the Justice Department claim that BP was guilty of "gross negligence and willful misconduct" in the case of the Deepwater Horizon oil spill in the Gulf of Mexico two years ago.