The head of Libya’s state-oil company on Wednesday said he is meeting with major oil companies such as BP BP 0.07 % PLC to try to jump-start the country’s potential to produce petroleum, after Islamic State militants inflicted heavy damage to a key oil export terminal . In the power vacuum that emerged after the ouster and death of dictator Moammar Gadhafi, militia groups have divided the country between the east and the west. An internationally backed government in the east has clashed with an Islamist group of militias known as Libya Dawn, which controls Tripoli and much of the country’s west. Western oil companies scaled back much of their operations in Libya when violence between militias erupted last year, pulling their expatriate employees and in some cases leaving the country altogether. “The situation will stabilize once a unity government is formed. I am optimistic this will happen,” Mr. […]