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U.S. Oil Majors Return To Libya After Two Decades

Three U.S. oil majors have reached agreement to resume oil and gas production in Libya after a two-decade gap.  After stock trading closed Dec. 29, ConocoPhillips, Marathon Oil and Amerada Hess said they were returning to their former energy fields in Libya after abandoning the country when U.S. sanctions were imposed in 1986.
industryweek



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