U.S. regulators approve a Royal Dutch Shell (RDS.A) plan to drill for oil deep under the Gulf of...

|About: Royal Dutch Shell plc (RDS.A)|By:, SA News Editor

U.S. regulators approve a Royal Dutch Shell (RDS.A) plan to drill for oil deep under the Gulf of Mexico, the second deepwater exploration plan approved in the Gulf since the government lifted its moratorium last October. Regulators determined that Shell's plan met new safety standards; environmental groups have signaled they would challenge such a ruling in court.