Notable Quotes
"EXXI has a very good mix of high-impact exploration and lower-risk development." (1/31/12) Energy XXI - The Energy Report Interview with Bill Powers More >
"NPK appears to be the lowest-cost potash producer in Brazil." (1/31/12) Verde Potash - Jaret Anderson, Mackie Research More >
"TPL's new oil storage and rail loading facility will initially double production." (1/30/12) Tethys Petroleum Ltd. - Deborah Sterescu, Proactive Investors More >
"CPT continues to derisk Vista." (1/30/12) Coalspur Mines Ltd. - David Charles, GMP Securities More >
"TLH is performing a very aggressive expansion plan." (1/26/12) Talison Lithium Ltd. - The Energy Report Interview with Daniela Desormeaux More >
"LI has really good prospects for the future." (1/26/12) Lithium One Inc. - The Energy Report Interview with Daniela Desormeaux More >
"I think that RM can be a player in the lithium industry." (1/26/12) Rodinia Lithium Inc. - The Energy Report Interview with Daniela Desormeaux More >
"NMX has one of the highest project rankings by our methodology." (1/26/12) Nemaska Lithium Inc. - The Energy Report Interview with Daniela Desormeaux More >
Libya Warns U.S. Oil Players over Row
Source: upstreamonline.com (3/4/10)
". . .a diplomatic row with Washington could have a negative impact on U.S. businesses in Libya."
Libya's National Oil Company (NOC) said in a statement its chief summoned the local representatives of ExxonMobil, ConocoPhillips, Occidental and Marathon to complain about remarks by a U.S. State Department official on Libyan leader Muammar Gaddafi.
"The. . .Secretary of the Management Committee of the National Oil Corporation (Shokri Ghanem) summoned the heads of U.S. oil companies operating in Libya," Reuters quoted NOC as saying in a statement.
"He informed these companies of the resentment at the irresponsible statements made by a State Department spokesman to the media," it said.
The U.S. official who made the remarks, in reference to a speech by Gaddafi calling for a "jihad," or armed struggle, against Switzerland, "did not understand the content and he does not know that such statements will have a negative impact on U.S. companies operating in Libya," it said.
The statement said the U.S. executives at the meeting expressed regret over the spokesman's remarks and said they would inform the U.S. government "that such remarks would hurt oil interests for U.S. companies."
Libya's Foreign Ministry yesterday demanded an apology from the U.S. after State Department spokesman P.J. Crowley made a caustic comment at a press briefing about Gaddafi's call for a jihad against Switzerland.
Libya yesterday also imposed a trade embargo on Switzerland.
That step will have little practical impact because their business ties are minimal but it was the latest escalation in a long-running spat with the Swiss.





