BP (BP +0.3%) and Statoil (STO +0.2%) shares show little reaction to developments at their...

|About: BP p.l.c. (BP)|By:, SA News Editor

BP (BP +0.3%) and Statoil (STO +0.2%) shares show little reaction to developments at their jointly operated Amenas gas facility in Algeria. "Relative to total production, the volumes [there] aren’t that high," Argus' Phil Weiss says. “Energy stocks overall are up today, and this incident isn’t material enough to overcome general market trends in the sector.”