Libya Is Enticing U.S. Executives With Its Abundant Oil Reserves
495117
At a time when oil around the world is harder to come by, Libya is dangling the rights to explore and develop new sources of petroleum.
723329
A Goldman Sachs  projection that  oil prices could top &#36;100 a barrel in the event of a major  supply disruption could be conservative in the current tight  market, said a senior executive with the investment bank.
699036
After 20 years of isolation, Libya has become the destination of choice for hungry oil companies ready to cut any kind of deal to get a piece of the north African state's oil riches.
311888
Libyan leader Muammar Gaddafi said on  Wednesday his plan for a United States of Africa should include  creating a two million strong army to staunch recurrent  conflicts which have ravaged many of the continent&#39;s nations.
225902
The Bush administration is set to approve requests from two refineries to borrow oil from the government&#39;s Strategic Petroleum Reserve to make up for supplies
26087
&quot;We have asked them (the United States) to use their oil reserves to help cool down the prices,&quot; OPEC President Purnomo Yusgiantoro, who is also Indonesia&#39;s minister of energy and mineral resources, told reporters.
376676
President Fidel Castro, in an announcement that raised eyebrows at energy companies, disclosed that oil deposits were discovered off Cuba.
191143
The world's top finance officials on  Friday asked oil-producing nations to step up production and  agreed it was crucial to work out exactly why prices have  soared to levels that threaten global growth.
698406
Libya moves ahead with plans to modernise its oil industry and invites representatives from global companies to Tripoli for talks.
163379
Crude oil climbed more than $1 in New York on the re-election of President George W. Bush, who has been filling the US Strategic Petroleum Reserve.
616051
NEW YORK : World oil prices rose on Wednesday as traders reacted coolly to news of a rise in US commercial energy reserves, sweating instead about an OPEC gathering in Cairo this week.
196553
Two OPEC members are pledging to increase supply or boost reserves as oil prices spiral higher, according to media reports Sunday.
401113
To ensure affordable and reliable  energy supplies in the future, the United States needs to  diversify its global oil supplies, expand a world network of  strategic petroleum reserves and significantly boost vehicle  fuel standards.
49228
The oil giant finds the fastest way to profits may be through the Kremlin's top leadership.
654642
Exxon Mobil Corp.'s chief executive, making a Boston appearance yesterday, said the best hope for lowering gasoline prices is for federal officials to allow more oil exploration off US coasts and under federal lands and national parks.
190894
JAKARTA The Organization of Petroleum Exporting Countries has called on the United States to dip into its strategic petroleum reserve to help deflate oil prices, the cartel&#39;s president said Wednesday.
13732
Occidental is the major winner of oil and gas licences in Libya, returning to the country after two decades.