Oil companies offered $300 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 sales planned ...

Seadrill Limited SDRL, a U.S.-based offshore drilling contractor, has secured multiple contracts for the drillships in its rig fleet. These contracts contribute to Seadrill’s backlog, enabling it to ...

Ten years after an oil rig explosion killed 11 workers and unleashed an environmental nightmare in the Gulf of Mexico, companies are drilling into deeper and deeper waters, where the payoffs can be ...

Environmentalists said the fossil fuel sales would put wildlife in the Gulf at an higher risk of dying in oil spills. Spills ...

Florida's top elected officials, all Republicans, say they will work to stop the Trump administration's plan to open new areas in the eastern Gulf of Mexico to oil drilling.

NEW ORLEANS, La. (AP) - An oil platform exploded and caught fire Thursday off the Louisiana coast, the second such disaster in the Gulf of Mexico in less than five months. All 13 crew members were ...

NEW ORLEANS -- A massive oil spill in the Gulf of Mexico is even worse than officials believed and the federal government is offering to help industry giant BP contain the slick that is threatening ...

NEW ORLEANS (AP) — Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons (500 million liters) of crude gushing into the ocean, the ...

Florida's senators and representatives are right to be indignant about drilling off Florida’s coast — but it shouldn’t stop ...

DALLAS - Chevron Corp., Shell Oil and BP PLC began evacuating employees from offshore oil and gas platforms and drilling rigs as Tropical Storm Rita churned Monday toward the Gulf of Mexico and ...