Libya turmoil invites PE buyers

Comments (0) | 1 Mar 2011 | Rating | Print by Brad Allen

High cost of oil assets means companies may view the current situation as a good selling opportunity

The turmoil in Libya could be putting US domestic energy exploration and development companies into play as private equity investors look for safer oil outside the Middle East.

‘I know of no one in the American oil patch who thinks fondly of Muammar al-Gadafi, but the erratic Libyan strongman has ...

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