Oil companies scramble for Libya's riches

Oil companies scramble for Libya's riches
Tripoli, Libya (UPI) Aug 25, 2011 - U.S., European and Asian companies are scrambling to get back into Libya to grab a slice of its oil wealth, even though Moammar Gadhafi's diehard loyalists refuse to submit to seemingly triumphant rebel forces. Firms from Britain, France and Italy, the rebel coalition's most ardent supporters against Gadhafi in Libya's civil war, are the likely front-runners. BP of the United Kingdom, T ... more