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BG Group PLC

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  • BG posts bigger-than-expected fall in profit Tuesday, 28 Oct 2014 | 3:19 AM ET

    LONDON, Oct 28- Britain's third-biggest energy company BG Group reported a worse-than-expected 26 percent fall in third-quarter operating profit on the back of a continued decline of production in Egypt and a steep drop in oil prices. Total operating profit came to $1.3 billion in the third quarter, undershooting a company-provided consensus of $1.4...

  • DAR ES SALAAM, Oct 25- Tanzania has held talks with France's Total and Britain's BP over oil and gas exploration, its energy ministry said on Saturday, aiming to add to major companies active in its thriving energy sector. Companies already present in the east African state include Norway's Statoil, Brazil's Petrobras, Royal Dutch Shell, BG Group and Exxon Mobil..

  • BG seeks revival of Egypt LNG business with BP deal Thursday, 23 Oct 2014 | 8:08 AM ET

    *BG hopes a deal could lift Egypt operations in 2015/ 16. MILAN/ LONDON, Oct 23- British energy company BG Group is in talks with BP to link their two gas developments off Egypt's coast, as part of BG's drive to breathe life into its gas-starved export plant, sources familiar with the matter said. BG is in advanced talks with Israel to import gas supplies into Egypt and...

  • UPDATE 2-Statoil CEO quits to take top job at BG Wednesday, 15 Oct 2014 | 4:58 AM ET

    *BG shares rise 3 pct, Statoil falls 3 pct. OSLO/ LONDON, Oct 15- Statoil's long-serving chief executive Helge Lund unexpectedly quit on Wednesday to take on the top role at BG Group where he has been promised a big rise in pay if he can turn the flagging British gas firm around. "has built a world-class exploration and production portfolio at Statoil, and the company is...

  • US oil ends over $99 on Cushing hopes Tuesday, 6 May 2014 | 2:37 PM ET
    Oil fracking

    U.S. crude rose as expectations of a build in inventories were undermined by record low stocks at the benchmark's Cushing delivery point.

  • Is a US-style shale revolution coming for Australia? Monday, 14 Apr 2014 | 10:07 PM ET
    Ancient geological strata of shale or mudstone revealed in weathered sandstone hills.

    Australia has several characteristics conducive for commercializing its shale-rich regions.

  • What's the outlook for LNG?   Tuesday, 18 Mar 2014 | 12:41 PM ET
    What's the outlook for LNG?

    Andrew Walker, head of LNG strategy at BG Group, says that while Ukraine has had little impact on the LNG market so far, it will be "tight" towards the end of the decade.

  • ‘Absolute core’ of UK economy hit by storms Monday, 17 Feb 2014 | 5:56 AM ET

    Heavy storms that have flooded around 6,000 U.K. homes could knock more than 1 percent off economic growth, a U.K. economist told CNBC on Monday.

  • Europe shares close down as autos drag Friday, 26 Jul 2013 | 11:30 AM ET

    European shares closed down on Friday, ending the week with a slight loss, after a choppy trading session which saw Rolls Royce and Daimler drag European bourses lower following analyst downgrades.

  • Some Victims of Online Hacking Edge Into the Light Thursday, 21 Feb 2013 | 8:09 AM ET
    Mike Baute

    Hackers have hit many U.S. companies, but few have admitted it. Now, some are going public, reflecting new ways of judging the risks and benefits of such moves.

  • Europe Shares Bounce Back; KPN Sinks Tuesday, 5 Feb 2013 | 9:30 AM ET

    European shares rose on Tuesday as signs of economic recovery in the euro zone helped soothe investors' worries a day after the return of political risks in Spain and Italy sparked a selloff in stocks.

  • LONDON, Nov 1- Norwegian shipper Golar LNG made big waves on Thursday by ordering its first floating liquefied natural gas plant, an innovation that analysts said could loosen the grip on LNG production enjoyed by oil majors.

  • *BG blames Brazil tie-ins, Egypt, North Sea, U.S. for shortfall. *Agrees $1.93 deal with China's CNOOC. LONDON, Oct 31- British oil and gas firm BG Group told investors to expect no output growth in 2013 due to project delays and other factors, prompting a dive in its highly rated share price that wiped out as much as a fifth of its value.

  • *U.S. stocks trade flat as Wall Street reopens after 2- day closure. *Oil settles below $109 a barrel in face of potential supply rupture.

  • *U.S. stocks near break-even as Wall Street reopens after 2- day closure. *Oil settles below $109 a barrel in face of potential supply rupture.

  • European shares hit by BG production warning Wednesday, 31 Oct 2012 | 4:52 PM ET

    LONDON, Oct 31- European stocks dipped on Wednesday, led by heavyweight British oil and gas firm BG Group after it warned it would show no production growth next year. BG Group sank 13.7 percent in hefty trading volume of near sixteen times its 90- day daily average, accounting for nearly a third of the total index points fall.

  • *BG blames Brazil tie-ins, Egypt, North Sea, U.S. for shortfall. *Agrees $1.93 deal with China's CNOOC. LONDON, Oct 31- British oil and gas firm BG Group told investors to expect no output growth in 2013 due to project delays and other factors, prompting a dive in its highly rated share price that wiped out as much as a fifth of its value.

  • *U.S. stocks higher as Wall Street reopens after 2- day closure. LONDON, Oct 31- World shares and the euro edged up on Wednesday as a storm-hit Wall Street began trading after its two-day closure and investors looked ahead to economic data later in the week.

  • LONDON, Oct 31- World shares and the euro edged up on Wednesday as investors braced for a storm-hit Wall Street to reopen after its two-day closure and looked ahead to economic data later in the week. Equity futures are higher, so people are expecting a positive opening,'' said Arne Lohmann Rasmussen, head of currency research at Danske Bank in Copenhagen.

  • LONDON, Oct 31- European shares and the euro rose on Wednesday as investors looked ahead to key economic data and waited for Wall Street to re-open after a two-day closure.