bp plc discovered oil at the Far South prospect 120 miles off the coast of Louisiana in deepwater Gulf of Mexico.

The estimate includes 5.77 billion bbl of oil and 7.15 tcf of natural gas—a 22.6% increase in remaining recoverable reserves, DOI said.

BP has announced a new oil discovery in the deepwater U.S. Gulf of Mexico, marking a boost to its upstream production ...

Along the Gulf Coast petrochemical plants load plastic pellets on ships destined for factories in China and India. Around Lubbock, cotton farmers sell their crops to brokers working with clothes ...

Initial data shows high-quality reservoirs and a potentially commercial volume of hydrocarbons, the company said.

BP and Chevron have made a new deepwater oil discovery in the western Green Canyon area of the US Gulf near to the producing ...

Wall Street’s main indices bounced back strongly over the week and finished with upward momentum, with the S&P 500 adding 1.8 ...