BP delays Libyan deep-water drilling

Wednesday, December 15, 2010 - 12:20 in Earth & Climate

TRIPOLI, Libya, Dec. 15 (UPI) -- Libya's hopes of new oil strikes in the Gulf of Sidra have been set back by BP's postponement of launching a $1 billion deep-water exploration program as the company grapples with the aftermath of the huge Gulf of Mexico oil spill.

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