In local news:

All five Gulf of Mexico states have reached a settlement with the owner of the offshore drilling rig involved in the 2010 BP oil spill, with Louisiana releasing documents on Wednesday indicating it will receive a $4 million share. As The Associated Press reports, a filing from Transocean and attorneys for Alabama, Florida, Mississippi, Louisiana and Texas says all of the states have entered a settlement agreement. The filing was dated Tuesday. Alabama’s governor announced that state’s $20 million settlement with Transocean last week. Texas officials say they’re getting a $2 million cut of the settlement, while Mississippi and Florida officials have not yet released details of their settlements.

Read more from the Baton Rouge Business Report here.

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