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    BP Says Contract With Libya State Oil Firm Still Valid

    Investing News Network
    Mar. 17, 2011 12:30PM PST
    Resource Investing

    Reports that on Thursday, BP Plc’s (NYSE:BP) contract with Libya’s National Oil Corporation is still valid.

    Reports that on Thursday, BP Plc’s (NYSE:BP) contract with Libya’s National Oil Corporation is still valid.

    The market news is quoted as saying:

    BP has no oil and gas production in Libya and in February was preparing for the start of exploratory drilling in western Libya when it suspended the effort due to the uprising against Libyan leader Muammar Gaddafi.

    Click here to access the entire news

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