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

Oil companies have offered $300 million for drilling rights in the Gulf of Mexico in the first offshore lease sale for the ...

London-based BP, which maintains its U.S. headquarters in Houston, made the most bids at 58, exposing $90.57 million in the ...

The National Hurricane Center is monitoring the Gulf of Mexico for the second week in a row as another troubling area of low pressure moves west toward Texas. Much like a similar tropical disturbance ...

Oil major Shell said output at two of its offshore platforms in the U.S. Gulf of Mexico has been temporarily shut due to a ...

The NOAA's National Hurricane Center (NHC) issued its afternoon report on Tuesday updating its guidance on Invest 93L, a disorganized tropical disturbance currently making its way over the Florida ...