BP gets stamp of approval, from Libya

The head of the Libyan National Oil Corporation, Shokri Ghanem, said on Tuesday he was happy at BP's presence in his country, and that the oil company would be allowed to continue drilling for oil in Libyan waters. Ghanem also said the oil spill in the Gulf was "somewhat exaggerated". Looks like he's angling for a job in the BP public relations department. Read more: Reuters