The Justice Department and five states on Monday announced a $20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. BP has reached an $18.7 ...

As far as British oil giant BP is concerned, the catastrophic oil spill that tainted Louisiana’s shores more than a decade ago didn’t take place in the Gulf of Mexico. It took place in the ...

On April 20, 2010, a blowout caused a huge explosion on the offshore drilling rig operated by BP in the Gulf of Mexico. Eleven people were killed. Two days later, the rig collapsed. Oil began ...

MEXICO CITY, March 6 (Reuters ... there since they must be capable of processing the specific type of crude oil.

Mexico’s state oil firm Pemex is holding discussions with crude buyers in Asia and Europe to potentially sell there its oil, which is now being taxed with a 25% tariff by its single biggest ...