Guardian: BP is closer to restoring its operations and reputation in the US after agreeing a deal with environmental protection authorities that it will enable the oil firm to bid for new drilling rights in the Gulf of Mexico.
The British-based group had started legal proceedings against the US environmental protection agency (EPA) which had banned BP from new contracts on the grounds that it had failed to correct problems properly since the Deepwater Horizon disaster in 2010.
BP said it had now dropped...