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Shell sees $70bn BG deal working even with oil at $60Royal Dutch Shell on Tuesday again sought to assuage investor concerns over its planned $70 billion takeover of BG Group as it announced plans for further synergies and cost cuts aimed at making the deal work with oil prices in the mid-$60s a ba More… |
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Shell sees $70bn BG deal working even with oil at $60Royal Dutch Shell on Tuesday again sought to assuage investor concerns over its planned $70 billion takeover of BG Group as it announced plans for further synergies and cost cuts aimed at making the deal work with oil prices in the mid-$60s a ba More… |
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BG Egypt appoints oil veteran as new presidentBG Egypt, a subsidiary of BG Group and one of Egypt's largest natural gas producers, has appointed Khaled Kacem as its president, the company said in a statement on Sunday. The firm said Kacem had spent 23 years in the upstrea More… |
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Shell in advanced talks to buy natural gas giant BGRoyal Dutch Shell is in advanced talks to buy UK-based BG Group in the first oil super-merger since early 2000s to extend its global lead in gas production and close the gap with the world's biggest oil major US ExxonMobil. BG More… |
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GAC wins worldwide agency deal with BG GroupGAC, a leader in global shipping services, has been appointed sole provider of hub agency services for the worldwide LNG fleet of BG Group, which has a broad portfolio of business interests focused on exploration and production of liquefied natu More… |
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Egypt to repay $1.5bn oil loans by year-endEgypt will pay $1.5 billion of the money it owes to foreign energy companies by the end of 2014, its oil minister said on Thursday, as the government aims to lure back wary investors to tap its reserves and boost production to meet soaring deman More… |
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Egypt's debt to foreign oil firms up at $5.9bnEgypt's debt to foreign oil companies operating in the Arab country was $5.9 billion by the end of April, the head of the state-run oil company said in remarks published on Wednesday. Money owed to foreign oil majors including More… |
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BG Group plans big job cutsOil and gas producer BG Group has begun offering voluntary redundancy to staff at its British headquarters, the company said, as it seeks to reduce headcount and trim costs. BG Group has been hit by lower than expected production More… |
