Investors Urge Exxon, ConocoPhillips, Other Oil Companies in Libya to Cut Off Support to Qaddafi Regime

WASHINGTON, D.C. – Twenty-four institutional investors, including Calvert Asset Management and Boston Common Asset Management today called on oil companies doing business in Libya to halt revenue or other payments to the Libyan government. The investors have called on oil companies to place revenue payments into a Libya Recovery Fund that would cut financial support from the government while avoiding undue economic harm to civilians.

 

Read the full press release here.

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