Shell misses expectations with 70 percent earnings plunge
Royal Dutch Shell (RDSa.L) reported a more than 70 percent fall in quarterly profit on Thursday, well below analyst…
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BG Group
Shell to exit up to 10 countries after BG deal
Royal Dutch Shell (RDSa.L) will exit oil and gas operations in up to 10 countries in a drive to deepen cost cuts…
BG Egypt halts some development wells over gas price disagreement
BG Egypt has suspended work at some development projects in Egypt after the company could not reach agreement over…
Shell shareholders approve $50 billion BG takeover
Royal Dutch Shell (RDSa.L) shareholders approved its $50 billion takeover of BG Group (BG.L) on Wednesday,…
British investments in Egypt worth $26million- GAFI
The economic ties between Egypt and UK are in continuous growth year after year since Britain is the largest…
Egyptian president hails cooperation with BG Group
Egyptian President Abdel Fattah al-Sisi hailed the existing cooperation between the Egyptian government and British…
GLOBAL LNG-Prices surge as Egypt award helps spur spot activity
Asian liquefied natural gas (LNG) prices for December delivery surged this week as traders and energy companies…
Sisi: Egypt ‘committed’ to paying off oil and gas bills
President Abdel Fattah al-Sisi said Monday his government is "committed" to paying up debts to oil and gas…
Sisi to meet BG’s Chief Executive today
President Abdel Fattah al-Sisi is to meet Monday with Helge Lund, BG Group’s Chief Executive. British Gas is an…
Shell eyes New Brazilian Assets ahead of BG Deal
Royal Dutch Shell (RDSa.L) is considering investing billions in Brazil, set to become a focal point after the…
BG Egypt names oil and gas veteran as new president
BG Egypt, a subsidiary of BG Group and one of Egypt's largest natural gas producers, has appointed Khaled Kacem as…
Shell signs $15.3 billion Bridge Loan
Royal Dutch Shell (RDSa.L) has agreed a 10.07 billion pound ($15.28 billion) bridge loan from a group of…
BG’s Egypt assets fit with Shell’s long-term bet
Shell’s $70 billion takeover of BG Group is likely to be good news for BG’s troubled assets in Egypt, analysts…
Shell announces Sale of 185 Service Stations
Royal Dutch Shell PLC (RDSB.LN) revealed Monday it has accepted offers for the sale of 185 owned service stations…
Oil down on U.S. Stock Build, record Saudi Output
Oil prices fell more than a percent on Wednesday as industry data showed a larger-than-expected weekly increase in…
Japan Stocks scale 15-year Peak
Japanese shares scaled 15-year peaks on Wednesday while Hong Kong's market leapt to seven-year highs amid…
Shell to buy BG for $70 billion
Royal Dutch Shell (RDSa.L) said on Wednesday it had agreed to buy BG Group (BG.L) for 47 billion pounds ($70…
Egypt sees LNG deals with Shell and Total in new Bid round – Minister
Egypt expects to agree additional liquefied natural gas (LNG) import deals with Shell and Total, and is close to…
BP profits hit by lower oil price
Underlying profits in the final three months of 2014 were down 20% on a year earlier at $2.2bn (£1.5bn). For the…
BG Receives $350 million Egyptian Debt Repayment
BG Group has received another $350m instalment from Egypt as part of its debt repayments to the energy industry.…
BG subsidiary sells two LNG ships to GasLog for $460 million
Methane Services, a subsidiary of British energy firm BG Group, has sold two liquefied natural gas (LNG) vessels to…
UPDATE 2-Egypt Output Slowdown and Low Oil Price Hit BG Profits
BG Group reported a worse-than-expected 26 percent fall in third-quarter operating profit as its output in Egypt…
BG Group Says Received $350 Mln From Egypt For Gas Debt
British gas producer BG Group said on Monday it had received $350 million from the Egyptian government following a…
Sisi’s Government Clings to Debt to Pull Egypt’s Oil & Gas from The Brink
The Egyptian General Petroleum Corporation (EGPC), the country’s state-owned oil company, is in the market for a…
BG Pursues Two Offshore Egypt Gas Developments
BG Group and its partners have submitted a development plan for the Notus high-pressure/high-temperature and…
BG Group Profits up but Egypt Woes Weigh
BG Group (BG.L) on Thursday reported a rise in profits driven by stronger gas prices and sales but warned of…
Egypt to Pay off All Arrears to Foreign Oil Firms by 2017
The Egyptian government has reached an agreement with foreign oil firms to pay off all of its arrears by 2017…
Will Egypt Finally Embrace Israeli Gas? – Forbes
In the search for export options for its new-found natural gas discoveries, Israel has kept things local in recent…
BG Group Expects Little LNG from Egypt This Year
British oil and gas company BG Group does not expect more than one or two liquefied natural gas (LNG) cargoes out…
Egypt’s Debt to Foreign Oil Firms up at $5.7 Bln
Egypt's debts to foreign oil companies operating in the country rose to $5.7 billion by the end of March, the head…
BG Group Eyes Lower Output, CEO Resigns
BG Group PLC today reported that Chris Finlayson will resign as chief executive with immediate effect for personal…
BG Group to Slash Jobs in Britain and Australia: Paper
Oil and gas producer BG Group Plc (BG.L) is cutting nearly 300 jobs in Britain and making significant cuts in…
Egypt Tries Harder to Stop Energy Firm Exodus
Egypt is enhancing exploration terms and striving to repay nearly $5 billion it owes to foreign oil and gas…
BG Group Shares Plunge After Egypt Turmoil Hits Earnings Outlook
Oil and gas firm BG Group warned that turmoil in Egypt would hit its output this year and next, weighing on future…
CBE: Egypt to Pay $1 Bln to Foreign Oil Firms Monday
Egypt's central bank has delivered $1 billion to the Ministry of Petroleum to repay on Monday part of the state's…
Egypt Agrees Timetable to Pay $3 bln to Oil Firms
Egypt has agreed a timetable to pay $3 billion of the $6.3 billion it says it owes foreign oil companies, the…
BG Says Tunisia More Reliable Than Egypt to Gas Producers
Tunisia is proving a more reliable place to produce natural gas than Egypt as the smallest nation on the North…
Pay up or Dry up – Egyptian Gas at a Crossroads
An offshore gas find in the Nile Delta is strong new evidence that Egypt has the resources to end power cuts and…
BG Group Drops Most in 10 Months on Egypt, Norway Delays
BG Group Plc (BG/) fell the most in 10 months in London trading after saying project delays in Egypt…
BG Lowers Outlook for 2014 Output on Egypt, Norway Disruptions
BG Group Plc (BG/), the U.K.’s third-largest oil and gas producer, said production next year will be lower than…