Regional News: Gulf of Mexico

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Quiet Gulf Hurricane Season End Leaves Oil Drowned in Oversupply
Monday, November 30, 2015 Oil bulls can say farewell to another quiet Atlantic hurricane season in the Gulf of Mexico, which ends without a storm-induced price rise to lift crude from its once-in-a-generation slump.

Noble Stacks Rig, Lays Off 120-130 Employees
Monday, November 30, 2015 Noble Drilling will lay off 120-130 offshore workers in January due to the stacking of its Noble Jim Day rig.

Shell Confirms Kaikias Development Potential
Thursday, November 19, 2015 Shell's appraisal of Kaikias reveals the discovery to have estimated resources of more than 100 million barrels of oil equivalent.

Former BP Engineer Cleared of Obstruction in Gulf of Mexico Spill
Friday, November 06, 2015 A former BP Plc engineer charged with obstructing justice after the 2010 Gulf of Mexico oil spill pleaded guilty to a lesser charge and was sentenced to six months of probation, according to his lawyers.