US Gulf of Mexico

Americas

BP targets Texas for American comeback

At the beginning of this century, the British energy company BP achieved its own American dream, becoming the largest oil and gas producer in the United States after spending a combined $75 billion to buy the oil companies Amoco and ARCO in audacious back-to-back deals.

Americas

Alberto could bring $1bn in losses to US Gulf Coast

Subtropical Storm Alberto had a burst of strength as it closes on Florida’s Panhandle, where it should come ashore early Monday, and is spreading heavy rains across the U.S. South, potentially causing more than $1 billion in economic losses.