Tuesday, 20 July 2010

Cameron walks into diplomatic nightmare as Lockerbie furore overshadows first visit to White House

Daily Mail
Hypocrisy of U.S. oil firms who deal with Gaddafi

"Politicians in Washington have been accused of hypocrisy for their criticism of Britain and BP over links to Libya.It turns out that American energy companies have been leading the charge when it comes to forging links with Colonel Gaddafi's regime.Since Libya re-opened for business in 2005, US oil giants such as Exxon Mobil and Chevron have been piling in to stake their claim for Africa's largest oil reserves.More than 50 American energy companies, compared to just four from the UK, have signed contracts with Tripoli for oil exploration and invested tens of billions of pounds in the country.Experts said pursuing such an agenda while criticising British companies that do the same thing shows America wants to 'have its cake and eat it'.Exxon, the world's largest oil company, has set up a special subsidiary, Exxon Mobil Libya Ltd, to keeping business running smoothly.So keen is the petro-chemical giant to get on the right side of the authorities, it is even funding £18million of initiatives to educate impoverished children as part of a countrywide social responsibility drive."

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