No. 46



Industry Awaits US Governments Response To Hesss Purchase Of Lasmo

With US Executive Orders on Iran and Libya still firmly in place, oil industry executives and observers are pondering the possible responses of the US Government to the acquisition by Amerada Hess of the UKs Lasmo Oil an acquisition which delivers interests in both Iran and Libya to the US firm. Indeed, with the US Treasurys Office of Foreign Asset Control (OFAC) openly warning US oil...