A unit of BP Plc was the high bidder in a US auction for oil and gas drilling rights in the Gulf of Mexico, the first sale ...

Oil companies have offered $279 million for drilling rights in the Gulf of Mexico in the first offshore lease sale in the ...

An estimated 30 billion barrels of oil are beneath those waters.

BP, Shell and Chevron were among 30 companies that submitted bids totalling $371.8mn for oil and gas drilling rights in the ...

The waters of the Gulf of Mexico are often favored for their warm temperature, attracting tourists throughout the summer ...

Oil and gas companies spent $300 million in bids on more than 1 million acres, a decline of around 27% compared to the last ...

The auction didn’t top 2023 results, but BP and Chevron helped bring in more money than many offshore lease sales over the ...

Thirty oil companies, including Chevron, Shell and BP, paid the United States Department of the Interior around $279 million ...

BP, opens new tab, Woodside Energy and Chevron, opens new tab were the top winners at the US government's first sale of oil ...

Nokia has paired with Tampnet to modernize and expand its digital operations in the Gulf of Mexico (aka Gulf of America).

President Donald Trump followed through on his promise to rename the Gulf of Mexico the "Gulf of America." Trump issued an executive order shortly after taking office to rename the gulf, and in ...

President Trump signed an executive order on Monday requiring the federal government to change the name of the Gulf of Mexico to the "Gulf of America" on official maps – a change that could take ...