HOUSTON (Reuters) -British energy major BP will go ahead with developing a $5 billion offshore drilling project in the U.S. Gulf of Mexico, it said on Monday, underscoring its commitment to the U.S.

British energy giant BP said it would proceed with its $5 billion Tiber-Guadalupe project in the Gulf of Mexico, its second new platform in the region in less than two years as it doubles down on ...

BP Plc reached a final investment decision on the $5 billion Tiber-Guadalupe project off the US Gulf coast, a major step in the energy giant’s drive to refocus its business on oil and gas. The ...