- Germany's Wintershall (OTCQX:BASFY) is considering buying stakes in Occidental Petroleum's (NYSE:OXY) Libyan oil and gas assets, WSJ reports, which would be a rare move by a western company to increase its holdings in the war-torn country.
- Libyan officials say OXY has sought and obtained permission from the state-run National Oil Co. to allow Wintershall access to confidential data of fields it partly owns.
- OXY has been trying to sell up to a 40% stake in its Middle Eastern and North African interests since 2013, as it tries to focus on its prolific North American assets.