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Bg Group



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3Vote!

BG Group says Iracema reservoir quality excellent

LONDON (MarketWatch) -- BG Group said Thursday that the Iracema appraisal well in Brazil has confirmed the presence of an excellent quality light oil bearing reservoir, 33 kilometres north-west of the original Tupi discovery well. The well in-flow performance recorded during the tests was the highest so far achieved in BG Group's Santos Basin interests, BG said. Market Pulse Stories are Rapid-fire,...

3Vote!

Energy: New EDF chief voices dissent, Businesses told of ris...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/ZE9K33/TRYXQ/E86XCH/08BOT/ Energy Thursday November 19 2009 FT.com - Energy New EDF chief voices dissent Henri Proglio has sparked a controversy just days before he takes over at France's state-controlled nuclear operator by claiming the...

9Vote!

Global stock markets rise to highest level of year

Price of gold and key commodities also see record surge driven by economic optimism World stock markets rose strongly again today to record highs for the year, buoyed by rising optimism about the world economy. The price of gold and other key commodities also rose, with the precious metal continuing its recent surge by reaching a new all-time high of $1,130 (£670) an ounce. Stock markets were...

5Vote!

Caltex looking at LNG production in Brisbane

The Australian reports that Clatex is considering builing a coal seam gas to LNG plant in Brisbane - Caltex looking at LNG production . OIL refiner Caltex has become a surprise potential exporter of Queensland's vast coal seam gas reserves, with new chief executive Julian Segal flagging a $500 million Brisbane liquefied natural gas plant as part of the company's potential growth plans. Speaking at...

3Vote!

BG Group finds hydrocarbons in new Brazil well

LONDON (MarketWatch) -- BG Group said that hydrocarbons have been encountered in a new well known as Tupi North-East, offshore Brazil. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

3Vote!

Five European Oil Stock Bargains

Kurt Wulff ( McDep Associates ) submits: Stocks of the European Oil group, made up of five buy-recommendations, Total ( TOT ), StatoilHydro ( STO ), Royal Dutch Shell ( RDS ), BP plc ( BP ) and BG Group ( BRGXF.PK ), have low McDep Ratios that fall within the tightest range (0.75-0.87) of the six industry groups in our coverage. McDep Ratios for the European stocks have reversed a three-year slump...

3Vote!

EXCO Resources, Inc. Reports Third Quarter 2009 Results

DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE: XCO) today announced its third quarter 2009 results of operations. Highlights during the quarter include: ─ During the third quarter 2009, we closed divestiture transactions, including our joint venture transactions with BG Group, resulting in proceeds of approximately $1.4 billion. We used the proceeds to reduce debt by $1.4 billion, including...

3Vote!

BG Group Conforms to Sector Trend of Weaker Earnings

Michael Young submits: BG Group ( BRGXF.PK ) continued the Q3 energy sector theme articulated by both BP and Royal Dutch Shell ( RDS.A ). Total operating profit including share of pre-tax operating results from joint ventures and associates fell 38% from £1.38bn (Q3/08) to £0.856bn (Q3/09). Earnings per share, excluding disposals, certain re-measurements and impairments, fell 39% from...

3Vote!

BG results slide back

GAS explorer BG Group posted worse than expected production figures yesterday, but was confident about its outlook.

5Vote!

FTSE sheds 2.3 percent

LONDON (Reuters) - The top shares fell 2.3 percent to hit a three-week closing low on Wednesday, dragged down by falls in energy stocks after BG Group posted a sharp drop in net profit, while miners tracked weaker metals.

3Vote!

BG Profit Drops on Lower Demand Gas, Tunisia Delay

BG Group Plc, the U.K.’s third- largest natural-gas producer, posted a 44 percent drop in profit because of lower demand as production fell short of its expectations following a delay in Tunisia. Net income in the third quarter declined to 484 million pounds ($791 million) from 857 million pounds a year earlier, the Reading, England-based company said in a statement today. BG fell the most in...

5Vote!

Oil prices shrink oil company profits

NEW YORK (Reuters) - Weaker crude oil prices and slumping margins at refineries knocked quarterly earnings lower at ConocoPhillips , PetroChina and Hess , while Britain's BG Group said its liquefied natural gas arm helped prop up profits.

6Vote!

BG Group expects barrelfuls of cash from oil projects

BG Group shares are trading at a high valuation already but the company was one of Questor's star picks for 2009 and it still offers a relatively safe home for your cash.

5Vote!

BG Group production targets hit by gas project delay

Delays to a gas project in Tunisia caused BG Group to miss thirdquarter production targets but overall higher output still helped to offset lower oil and gas prices.

5Vote!

FTSE sheds 2.3 pct, hits three-week closing low

LONDON, Oct 28 (Reuters) - Britain's top shares fell 2.3 percent to hit a three-week closing low on Wednesday, dragged down by falls in energy stocks after BG Group posted a sharp drop in net profit, while miners tracked weaker metals.