Stocks BG Group PLC

  • Traders work the floor of the New York Stock Exchange.

    European stocks accelerated gains at the end of Tuesday's session to close higher, as investors cheered on the rally in commodity prices.

  • U.S. factory worker

    European markets finished lower on Friday after the latest U.S. jobs data showed a slowdown in employment in January.

  • European stocks finished in negative territory on Friday, in what has been a turbulent week for markets.

  • An investor observes stock market at a stock exchange hall in Nanjing, Jiangsu Province of China.

    European markets slumped to close sharply lower Monday following a sharp sell-off in Chinese stocks and heightened geopolitical tensions.

  • At around $37 a barrel, crude prices are well below the $60 firms such as Total, Statoil and BP need to balance their books, a level that has already been sharply reduced over the past 18 months. Royal Dutch Shell has also announced a further $5 billion in spending cuts if its planned takeover of BG Group goes ahead. Global oil and gas investments are expected to fall to...

  • RIO DE JANEIRO, Dec 30- Brazil's Rio de Janeiro state, facing a budget shortfall caused in part by plunging oil prices, imposed new taxes on petroleum and natural gas on Thursday, a move critics say will slash investment in an already battered industry. Rio de Janeiro, responsible for 67 percent of Brazil's crude output and 40 percent of its natural gas, will charge a...

  • Traders work on the floor of the New York Stock Exchange (NYSE).

    European markets accelerated gains on Wednesday to close sharply higher, as investors cheered the recovery in oil prices and mining stocks.

  • While the number of announced deals globally declined from 2014 by 2.1 percent to 39,687, deal volume rose 40.8 percent to a record $4.6 trillion, according to preliminary Thomson Reuters data, as big companies pursued their dream matches. This year's mega deals included many with long-expected operational efficiencies, such as brewer Anheuser-Busch...

  • SINGAPORE, Dec 21- Shippers who ply the seas to deliver liquefied natural gas in massive tankers are likely to face a wave of consolidation and asset sales, with freight rates plunging as a growing fleet clashes with tepid demand. "I see more mergers and acquisitions, more consolidation and a lot more joint ventures as things get tougher," said Andrew Bridson,...

  • LONDON, Dec 18- BG Group and Energy Transfer Partners have gained approval from the U.S. energy regulator for their liquefied natural gas production and export plant in Lake Charles, Louisiana, the companies said. "Lake Charles LNG has the potential to create several thousand jobs during construction and if fully operational could result in approximately 250...

  • LONDON, Dec 17- Royal Dutch Shell's takeover of BG Group may look less attractive after the slide in oil prices but the fact the same investors own nearly half of both firms means the deal is still likely to go through. For example, Blackrock, Franklin Mutual Advisers and Norges together hold more than 12 percent of Shell and nearly 7.5 percent of BG.

  • *M&A deals lift Faurecia and Sanofi. LONDON, Dec 15- European equities bounced back on Tuesday from sharp declines in the previous two sessions as energy stocks tracked higher crude oil prices and steel makers gained following a European Commission move on Chinese and Russian steel imports. BP, BG Group and Royal Dutch Shell rose 2.6 to 4.0 percent.

  • *M&A deals lift Faurecia and Sanofi. LONDON, Dec 15- European equities bounced back on Tuesday from sharp declines in the previous two sessions as energy stocks tracked higher crude oil prices and steel makers gained following a European Commission move on Chinese and Russian steel imports. BP, BG Group and Royal Dutch Shell rose 2 to 3.5 percent.

  • The takeover requires the support of a majority of Shell shareholders and 75 per cent of those at BG, the FT reports.

  • RIO DE JANEIRO, Dec 14- Brazil's state of Rio de Janeiro, home to the bulk of the country's oil production, threatened on Monday to impose a new tax on oil and natural gas in the state if the country's oil regulator ANP does not adjust its royalty calculation. Rio de Janeiro produces 67 percent of Brazil's oil and 40 percent of its natural gas. Among the state's main...

  • LONDON, Dec 14- Royal Dutch Shell expects to slash thousands more jobs to save costs if its takeover of BG Group goes through as planned early next year following a final green light from China. The acquisition, which was announced on April 8 and is biggest in the sector in a decade, has been cleared by China's Ministry of Commerce, Shell said on Monday, after earlier...

  • LONDON, Dec 14- Royal Dutch Shell cleared the final regulatory hurdle for its takeover of BG Group after receiving the green light from China on Monday, leaving the deal on track for completion by early 2016 following shareholder votes. The combination will transform Shell into the world's top liquefied natural gas trader and a major offshore oil producer...

  • BEIJING, Dec 14- China has given unconditional clearance to a proposed merger between Royal Dutch Shell and BG Group, clearing the final key regulatory hurdle for the $70- billion tie-up, Shell said on Monday. "We will now seek approval from both sets of shareholders as we move towards deal completion in early 2016," Shell CEO Ben van Beurden said, according to the...

  • A climate fund offered to European investors by HSBC, the HSBC GIF Global Equity Climate Change fund, holds stock in U.S. oil producer and refiner Chevron Corp, South African energy company SASOL Ltd and British oil and gas producer BG Group Plc. "It is not so much about avoiding companies that are carbon emitters, but about investing in companies that have sought to...

  • JERUSALEM, Nov 25- Natural gas from Israel's vast Leviathan offshore gas field will be pumped to Egypt via an existing subsea pipeline for up to 15 years under a preliminary deal announced by the field's developers on Wednesday. "We've worked with Dolphinus before and we expect to reach a final agreement quickly," Yossi Abu, chief executive of Israel's Delek...