gulf of mexico

Cameron International, the maker of the Deepwater Horizon blowout preventer that failed to stop last year's massive oil spill in the Gulf of Mexico, has agreed to pay $250 million to BP under a legal settlement, BP said Friday.

British oil company BP says that Anadarko Petroleum Co. has agreed to pay $4 billion to settle all claims between them resulting from the Gulf of Mexico oil spill.

Oil giant BP says it is investigating a new sheen in the Gulf of Mexico.

A new oil sheen was spotted in the Gulf of Mexico, although energy company BP said Thursday the discovery had nothing to do with its operations and was far from the site of its disaster-hit Macondo well.

Following the nuclear disaster in Japan, the BP oil rig blowout in the Gulf of Mexico, and disruption of oil supply due to Libya's civil war, there is ...

The deal to explore the Arctic with Rosneft was intended to help BP turn the page after the oil spill in the Gulf of Mexico.

May 13 -- The rising floodwaters of the Mississippi River, threatening towns and farms between Memphis and the Gulf of Mexico, may affect 10 percent of Louisiana's onshore crude oil production.

BP expects to resume drilling in Gulf of Mexico within months

BP is seeking permission to keep drilling at 10 existing deepwater wells in the gulf in exchange for adhering to stricter safety rules.