Saturday 26 September 2020
 
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Huawei reports $60bn revenue, up 37pc

Huawei has reported a revenue of 395 billion Chinese renminbi ($60.8 billion) for its carrier, enterprise and consumer business groups (BGs) for 2015, representing a 37 per cent increase year-on-year.   Its net p

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Shell investors back $50 billion BG takeover

Royal Dutch Shell shareholders approved its $50 billion takeover of BG Group on Wednesday, clearing the last main hurdle to creating the biggest liquefied natural gas (LNG) trader in the world. BG shareholders are also expected to

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Shell agrees $70 billion deal to buy BG

Royal Dutch Shell said on Wednesday it had agreed to buy BG Group for £47 billion pounds ($70 billion) in a bid to close the gap on the world's biggest oil major, US ExxonMobil. In a joint statement, the two firms said t

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Shell agrees $70 billion deal to buy BG

Royal Dutch Shell said on Wednesday it had agreed to buy BG Group for £47 billion pounds ($70 billion) in a bid to close the gap on the world's biggest oil major, US ExxonMobil. In a joint statement, the two firms said t

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KBR wins BG upstream alliance partnership deal

KBR, a global technology, engineering, procurement and construction company, said the company has been selected by BG Group as its global upstream alliance partner. The six-year contract, includes an option for two two-year extens

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KBR wins BG upstream alliance partnership deal

KBR, a global technology, engineering, procurement and construction company, said the company has been selected by BG Group as its global upstream alliance partner. The six-year contract, includes an option for two two-year extens

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BG to sell Australia gas pipeline for $5bn

British gas giant BG Group has agreed to sell its wholly-owned subsidiary in Australia - QCLNG Pipeline Private Limited - to the APA Group for $5 billion. The company said the deal is expected to be completed in the first half of

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BG in talks to import gas to Egypt from Cyprus

BG Egypt, a subsidiary of global energy company BG held talks to import natural gas from Cyprus, the company said.   The talks in Nicosia between BG Egypt and Cyprus Hydrocarbons (CHC) revolve around

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Power shortage in Mideast

Middle East states are facing a worrying paradox -- how to meet rapidly expanding power demand to feed their fast growing economies. The International Energy Agency highlighted the issue in a new report. 'Shortages of natural gas

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