BP says that regardless of the new discovery's economics, it is another feather in the British company's cap in the Gulf of Mexico, where it still battles the specter of the Macondo well explosion in 2010. “The Gila discovery is a further sign that …
ConocoPhillips has applied for permits to develop a new field in the National Petroleum Reserve in Alaska, a vast unit of federal land that has yet to yield commercially produced oil, according to the …