REGIONAL

 

Wintershall Looks To Distant Shores As Domestic Fortunes Wane

 

Germany’s largest oil company, frustrated by increasing restrictions on production at home, is looking abroad for growth. The MENA region is central to its expansion plans.

Wintershall is not a new kid on the block. Founded in 1894, it originally focused on potash mining before oil leaks into its mines led the company to first dabble in, then focus on, crude production. An oil producer since 1930,...