British Petroleum announced Wednesday a giant oil discovery at its Tiber Prospect in the ... emerging Lower Tertiary area of the Gulf of Mexico and its first major discovery in that area was ...

BP operates the Far South project with a 57.5% stake, alongside Chevron U.S.A. Inc. (NYSE: CVX), which holds 42.5%. The field ...

The Tiber discovery is located approximately 300 miles south-west of New Orleans in the Keathley Canyon of the Gulf of Mexico ... The Kaskida field is situated approximately 250 miles south ...

The Department of Interior Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels ...

Fifteen years after the Deepwater Horizon disaster off the Gulf Coast, the effects of the largest oil spill in U.S. history ...

Shell Offshore Inc., a subsidiary of Shell plc, has commenced production at the Dover field in the Gulf of Mexico, a key ...

BP is in the midst of a strategy reset as it refocuses on oil and ... Kaskida and Tiber are both currently fully owned by BP and are considered its top prospects in the Gulf of Mexico.

BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday ... ahead with a second Paleogene development, Tiber, later this year, CEO Murray Auchincloss ...

BP has made an oil discovery at the Far South field in the US Gulf of Mexico, it said today ... go ahead with a second Paleogene development, Tiber, later this year, CEO Murray Auchincloss ...

BP made an oil discovery in the Far South field in the U.S. Gulf of Mexico, the UK-based oil major said on Monday. Both the ...