BP plc (ADR) (BP): Oil Companies Want to Avoid Another Attack in Benghazi

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Spotlight on the risks of investing in energy
It has long been said that the potential for conflict in the Middle East is a key risk that all energy investors must take into account. This latest example shows that the traditional players (i.e. Iran, Iraq, Kuwait, etc…) aren’t the only cause for concern. Africa’s place on the oil and natural gas stage continues to grow even while many countries on the continent are rife with struggle.

While the lives of those directly affected by these conflicts are obviously more important than our portfolios, the discussion surrounding these risks is something that simply must be addressed when performing due diligence. I commend BP plc (ADR) (NYSE:BP) for taking measures to keep its employees safe and hope that this people-before-profits attitude extends beyond just one company or incident.

The article Oil Companies Want to Avoid Another Attack in Benghazi originally appeared on Fool.com and is written by Taylor Muckerman.

Taylor Muckerman has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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