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Marathon Oil looking to sell Libyan oil stake, energy minister confirms

Oct. 02, 2013 11:47 AM ETMarathon Oil Corporation (MRO) StockMROBy: Carl Surran, SA News Editor1 Comment
  • Libya’s energy minister tells investors in London that Marathon Oil (MRO -1.2%) is considering selling its stake in its Libyan oil joint venture, confirming earlier media reports.
  • The minister says Libya will have a new oil law by the end of the year; the  country holds large oil reserves but has been in turmoil since Gadhafi's fall, and exports have plunged as protesters shut down oil fields.

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