Mexico Oil Giant

• BP Off Hook for Several Billion Dollars in Oil Spill Fines

  A US judge said Thursday energy giant BP faces a maximum fine of $13.7 billion for the 2010 Gulf of Mexico oil spill, a sum reduced by several billion dollars.

• 2010 Gulf of Mexico Oil Spill: 'BP Was Grossly Negligent'

  A US judge Thursday ruled the massive 2010 Gulf of Mexico oil spill was the result of BP's "gross negligence," potentially subjecting the oil giant to billions in additional penalties.

• Three years after Gulf spill, BP fights billions in fines

  Three years after a deadly explosion on a BP-leased drilling rig unleashed the worst environmental disaster in US history, the British energy giant is fighting to avoid billions in fines.

• Mexico blast kills at least 32, flagging Pemex safety woes

  Rescue workers pulled out more bodies from debris at the headquarters of Mexican state oil giant Pemex on Friday after a powerful explosion killed at least 32 people and threw a spotlight back onto the state-run company's poor safety record.

• Explosion at Mexican oil giant Pemex offices kills 25

  A powerful explosion rocked the Mexico City headquarters of state-owned oil giant Pemex on Thursday, killing at least 25 people, injuring more than 100 and trapping others inside.

• Oil companies investigate cause of sheen in Gulf of Mexico

  Oil giant BP is investigating a new sheen in the Gulf of Mexico with a remote-controlled mini-sub but says there is no immediate indication it was the result of a new oil spill.