Gulf states reach $18.7B settlement with BP over oil spill

Drilling begins 3 miles from epicenter of BP oil spill

. View photo FILE – In this April 2010 file photo, oil can be seen in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana’s tip, as a large plume of smoke rises from fires on BP’s Deepwater Horizon offshore oil rig. Deep-water drilling is set to resume near the site of the catastrophic BP PLC well blowout that killed 11 workers and caused the nation’s largest offshore oil spill five years ago off the coast of Louisiana. (AP Photo/Gerald Herbert, File) NEW ORLEANS (AP) — BP and five Gulf states announced a record $18.7 […]