LIBYA 

US Sets 30 June Deadline for Oil Companies in Libya 

Despite the US decision under pressure from its allies at the Tokyo summit meeting to set a firm June 30 deadline for the withdrawal of the five US oil companies operating in Libya (Occidental, Conoco, Marathon, Amerada Hess and W.R. Grace) from that country, MEES understands that so far the companies have received no formal notice to cease their Libyan operations.

After the imposition of economic and financial...