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

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

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

President Donald Trump’s contentious relationship with news organizations over his time in office has led to a host of legal ...

The map gives the impression that the Gulf of California is Mexican territory, but it's not. One Naval captain wants to rectify the situation.

Dec 10 (Reuters) - BP, Woodside Energy and Chevron were the top winners on Wednesday at the U.S. government's first sale of ...

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 ...

Dec 10 (Reuters) - BP, Chevron and Shell were among the top winners on Wednesday at the U.S. government's first sale of oil ...

Dec 10 (Reuters) - The Trump administration will hold the government's first sale of oil and gas drilling rights in the Gulf ...