Shell Wins Approval for Deep-Water Exploration Plan in Gulf
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Royal Dutch Shell Plc won approval for deep-water exploration in the Gulf of Mexico, the first plan cleared by U.S. regulators since the BP Plc oil spill.
“This exploration plan meets the new standards for environmental review and marks another important step toward safer deep-water exploration,” Interior Secretary Ken Salazar said today in an e-mailed statement. “I am confident that other operators can satisfy the same standards.”