News Headline Summary

BP (BP/ LN) says situation in Algeria remains unresolved and fragile, a number of co. staff among those held at site

- Armed groups still hold number of Amenas Venture personnel.

Reaction details (11:19)

- Co. shares unreactive, down 0.31% at GBP 4.57 last.

Analysis details (11:18)

- It was reported yesterday, that a militant group claimed responsibility for the rare attack on one of oil-rich Algeria’s energy facilities, saying it came in revenge for the North African nation’s support for France’s military operation against al-Qaida-linked rebels in neighboring Mali. The militants said they were holding 41 foreigners from the energy complex, including seven Americans.

17 Jan 2013 - 11:15 - Energy - Source: Newswires

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