Royal Dutch Shell plc .com (Free subscription) | yesterday
Brazilian officials insist any new oil company would not actually drill, but negotiate production-sharing agreements between Petrobras and private partners, which already include Royal Dutch Shell, BG Group Plc, and a division of Galp Energia, Portugal's biggest energy company.
Seeking Alpha (Free subscription) | 10/06/2008
Kurt Wulff ( McDep Associates ) submits: Among stocks in our coverage, Petrobras (PBR) and BG Group (BRGXF.PK) offer exciting long-term participation in the world’s most important oil discoveries of the past three years. The finds are in the Pre-Salt formation of the Santos Basin offshore Brazil under water a mile deep. After the market decline of recent months, both stocks offer better entry points...
News.com.au (Free subscription) | 09/29/2008
ORIGIN Energy has advised shareholders the takeover bid from British energy heavyweight BG Group formally lapsed on September 26.
Business Wire (Free subscription) | 09/23/2008
HOUSTON--(BUSINESS WIRE)--BG Americas and Global LNG, a subsidiary of BG Group plc, today announced that the company has contributed $1 million to the American Red Cross in support of
Green Car Congress (Free subscription) | 09/12/2008
Petrobras confirmed the discovery of another giant (> 500 million barrels recoverable) offshore oil and gas field in the ultra deep Santos Basin waters. Petrobras and its consortium partners—BG Group (25%) and Galp Energia (10%)—said that the new Iara field...
The Telegraph (Free subscription) | 09/12/2008
Shares in BG Group jumped after the UK's third-largest gas company announced more success for its drilling programme off the coast of Brazil.
The Independent (Free subscription) | 09/12/2008
BG Group's most recent oil discovery in Brazil's Santos Basin is more than three times larger than expected, the company has revealed, and could contain between 3 and 4 billion barrels of recoverable oil.
Times Online (Free subscription) | 09/12/2008
The discovery of another multibillion- barrel oilfield off the coast of Brazil sent the share price of BG Group soaring yesterday as stock markets worldwide focused on the emergence of a new Latin American petrostate.
Reuters UK (Free subscription) | 09/11/2008
LONDON/LISBON (Reuters) - Shares in BG Group and Portugal's Galp jumped on Thursday after their partner Petrobras said the Iara oil field in Brazil may yield 3-4 billion barrels of recoverable reserves.
Market Watch (Free subscription) | 09/11/2008
Gains for energy firms limit losses for London shares on Thursday morning, with natural gas producer BG Group performing strongly after announcing another oil discovery offshore Brazil.
Reuters UK (Free subscription) | 09/11/2008
LONDON (Reuters) - Gas producer BG Group said that after drilling at the Iara oil field in Brazil it now estimated the field could contain 3-4 billion barrels of recoverable reserves, confirming earlier comments by project partner Petrobras .
Market Watch (Free subscription) | 09/11/2008
LONDON (MarketWatch) -- BG Group said Thursday that it has complete drilling on the Iara well in the BM-S-11 concession in the deep water, pre-salt Santos Basin, offshore Brazil. The exploration well discovered 26-30 API gravity crude oil. Gross recoverable volumes are currently estimated to lie between 3 and 4 billion barrels of oil equivalent. Further appraisal and production testing is planned....
Reuters UK (Free subscription) | 09/10/2008
LONDON (Reuters) - BG Group intends to cancel the $14 billion (7.9 billion pounds) syndicated loan backing its offer for Australia's Origin Energy , a spokeswoman told Reuters LPC on Wednesday after it admitted defeat in the takeover bid.
Times Online (Free subscription) | 09/10/2008
Manufacturing production fell 0.2 per cent in July and declined by 1.3 per cent in the three months to July, compared with the same period last year, official figures show. The wider measure of industrial production, which includes mining, quarrying and energy, dropped by 0.4 per cent in July and fell 1.9 per cent on an annual basis.
The Independent (Free subscription) | 09/10/2008
BG Group has finally accepted defeat in its A$13.8bn (£6.2bn) battle for Origin Energy, the Australian gas and electricity group, ann-ouncing yesterday that it would allow its offer for the company to lapse.
