Rumors that have been circulating in some media outlets concerning Libya having a stake in BP (NYSE:BP) were shot down on the government website, where they denied any stake in the company or any other international energy firm.
The statement said, "We deny emphatically statements carried by some news outlets abroad about investment in BP or other foreign oil firms via the purchase of stakes in their share capital, including Italian ENI."
The speculation probably originated from statements made by chief of Libya's National Oil Co, Chokri Ghanem, when he mentioned BP at the time would be a good investment for anyone.
Ghanem at the time had qualified that statement by saying he was speaking generally and not specifically, which some media outlets refused to believe.
Some politicians with agendas could have kept this story alive as well, especially those trying to keep the idea in the mind of the public that BP had influenced the release of the Lockerbie bomber, when all parties accused of the assertion have categorically denied it.
Showing posts with label Lockerbie Bomber. Show all posts
Showing posts with label Lockerbie Bomber. Show all posts
Wednesday, September 8, 2010
Tuesday, July 27, 2010
BP (NYSE:BP): Hayward's Not Testifying, PERIOD !
According to BP (NYSE:BP), Chief Executive Tony Hayward will not be testifying at the U.S. Senate hearing. The purpose of this hearing is to examine the evidence to see if BP had any influence in the release of the Lockerbie bomber.
BP did say they were willing to send another representative to testify at the Senate Foreign Relations Committee hearing, chaired by Senator Robert Menendez on Thursday. Although the name of the representative was not given. Menendez said he is going to continue to put the pressure on to have Hayward testify.
"It is apparently more important to BP and Mr. Hayward to focus on his multi-million dollar golden parachute then to help answer serious lingering questions about whether the company advocated traded blood for oil," said Menendez.
Menendez continued, "Though it may be convenient for BP to move Mr. Hayward out of his position, it does not change the need for answers. The bottom line is we need to hear from BP officials at the highest levels who had significant contact with both the Libyan and British governments. Mr. Hayward best fits that bill."
BP did say they were willing to send another representative to testify at the Senate Foreign Relations Committee hearing, chaired by Senator Robert Menendez on Thursday. Although the name of the representative was not given. Menendez said he is going to continue to put the pressure on to have Hayward testify.
"It is apparently more important to BP and Mr. Hayward to focus on his multi-million dollar golden parachute then to help answer serious lingering questions about whether the company advocated traded blood for oil," said Menendez.
Menendez continued, "Though it may be convenient for BP to move Mr. Hayward out of his position, it does not change the need for answers. The bottom line is we need to hear from BP officials at the highest levels who had significant contact with both the Libyan and British governments. Mr. Hayward best fits that bill."
Wednesday, July 21, 2010
No Evidence BP (NYSE:BP) Swayed Scotland Decision to Release Lockerbie Bomber
The Prime Minister of Britain, David Cameron, reiterated his conclusion in the matter of BP (NYSE:BP) being somehow involved in persuading Scotland officials to release him, that there is no evidence to show that was the case.
He also pushed against the Democrats and Hillary Clinton, who foolishly have called for a full inquiry into the alleged connection. Cameron said, "I don't think there's any great mystery here. ... I don't need an inquiry to tell me it was a bad decision. It was a bad decision."
Cameron also separated the oil spill from the Lockerbie incident, saying they are two completely different things. That seemed to be a rebuke to the embarrasing Democrats who were ranting about "blood money" and other outrageous statements concerning the alleged connection between BP and releasing the criminal, without them having a shred of evidence to back up their irresponsible comments.
Cameron also continued to press the issue of the importance of BP to America and Britain, and the importance of them surviving the ordeal, while paying for their liabilities in the oil spill. He cited thousands of jobs created by BP in both countries as one of the important characteristics of the oil giant.
He also pushed against the Democrats and Hillary Clinton, who foolishly have called for a full inquiry into the alleged connection. Cameron said, "I don't think there's any great mystery here. ... I don't need an inquiry to tell me it was a bad decision. It was a bad decision."
Cameron also separated the oil spill from the Lockerbie incident, saying they are two completely different things. That seemed to be a rebuke to the embarrasing Democrats who were ranting about "blood money" and other outrageous statements concerning the alleged connection between BP and releasing the criminal, without them having a shred of evidence to back up their irresponsible comments.
Cameron also continued to press the issue of the importance of BP to America and Britain, and the importance of them surviving the ordeal, while paying for their liabilities in the oil spill. He cited thousands of jobs created by BP in both countries as one of the important characteristics of the oil giant.
Tuesday, July 20, 2010
BP (NYSE:BP) Lockerbie Inquiry Rejected by British Prime Minister David Cameron
Under fire in his own country for looking like he didn't stand up for BP (NYSE:BP) against the onslaught of the Obama administration, British Prime Minister David Cameron, in his first visit in that capacity to America, reiterated it was in the best interests of America and Britain for a strong BP, while rejecting demands from Democrats for a full inquiry into the release of the Lockerbie bomber to Libya.
Cameron did say he asked his cabinet secretary to see if any other documents related to the case would be allowed to be made public.
This was a sound thrashing of the thuggish Democrats, who outrageously, and without any proof whatsoever, implied British government officials lied about an alleged connection between the release of the prisoner and BP, even going so far as to call it "blood money." Democrat heads should roll because of that childish behavior and unbelievable lack of self control and demagoguery in making those types of accusations.
Cameron reiterated that BP had absolutely no role in the release of the Lockerbie bomber. He also repeated the theme that BP needs to remain "strong and sound," not only because of its value to the economies of both countries, but also to be able to pay for the obligations it has to the Gulf oil spill.
Cameron did say he asked his cabinet secretary to see if any other documents related to the case would be allowed to be made public.
This was a sound thrashing of the thuggish Democrats, who outrageously, and without any proof whatsoever, implied British government officials lied about an alleged connection between the release of the prisoner and BP, even going so far as to call it "blood money." Democrat heads should roll because of that childish behavior and unbelievable lack of self control and demagoguery in making those types of accusations.
Cameron reiterated that BP had absolutely no role in the release of the Lockerbie bomber. He also repeated the theme that BP needs to remain "strong and sound," not only because of its value to the economies of both countries, but also to be able to pay for the obligations it has to the Gulf oil spill.
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