Shell’s decision last month to halt offshore drilling in the Chukchi and Beaufort seas raised questions about the need for the port project aimed primarily at reducing travel costs for oil and gas support vessels.
The approvals — which involve exchanges of U.S. oil for a similar amount of Mexican crude — did not require any change in U.S. law. The administration also denied applications to exchange U.S. crude for oil and petroleum products from other nations.
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