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Oil Companies Are Funding Mysterious Angolan Research Center That May Not Exist WASHINGTON -- Oil companies BP and Cobalt International Energy agreed in December 2011 to provide $350 million to construct a research institute in Angola, as a condition of gaining drilling rights for an offshore block of the African country's coast. So far, the companies have paid half that amount -- but there's no evidence the project actually exists. The United Kingdom-based nonprofit Global Witness flagged the project in a report released Tuesday, as leaders of African nations are in Washin...
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