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Four employees of BP still missing in Algeria

Last Updated: Sunday, January 20, 2013, 00:39

Four employees of energy giant BP were missing following the attack on In Amenas gas plant in Algeria, firm`s CEO Bob Dudley said, and added that he feared for their lives.

HCL Tech bags infrastructure management contract with Statoil

Last Updated: Monday, February 13, 2012, 19:43

IT firm HCL Technologies Monday said it has bagged an infrastructure management services contract from Norway-based Statoil.

Cairn Energy sells stake in Pitu block

Last Updated: Monday, January 23, 2012, 23:40

Edinburgh-based explorer Cairn Energy plc today said today said it has sold 30.6% stake in Pitu block in the Baffin Bay Basin off the west coast of Greenland to Norway's oil and gas major Statoil ASA for an undisclosed amount.