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ConocoPhillips pauses work on project, cut from five planned drilling pads to three, after opponents filed suit for a preliminary injunction; the Interior Dept. also will propose new limits on protected Arctic region energy development.
Firms'' contract, reportedly worth $1.4 billion, was awarded for North Macedonia work after a 2021 law effectively eliminated competition for the work.
Consortium exercised its contract withdrawal option as state now must rebid—or rethink—Beltway toll lanes addition that new governor has publicly opposed.