BP to start deepwater drilling in Gulf

MSNBC:

In a deal with U.S. regulators, BP this summer plans to restart deepwater drilling in the Gulf of Mexico on 10 wells in exchange for tougher safety rules, British media reported Sunday.

The London-based oil giant promised to abide by rules that are stricter than guidelines set after the April 20, 2010, blast on the Deepwater Horizon rig that killed 11 workers, The Financial Times and The Sunday Times of London reported. The accident, which released almost 200 million gallons of oil into the Gulf of Mexico, was the largest marine spill in U.S. history.