BP To Resume Drilling In Libya

From Market Watch

BP PLC BP -0.76% is to resume oil and gas exploration in Libya within months after lifting a force majeure, a company spokesman said Tuesday, just a day after rival Royal Dutch Shell PLC said it was to pull out of its oil and gas blocks.

BP is one of the last oil companies to return after being forced to interrupt giant oil exploration plans by the civil war in the north African country last year.

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