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Posts Tagged ‘BG Group’

Oil boss Frank Chapman bags £11m

Chapman’s pay is more than three times the £2.8m collected by BP chief Tony Hayward, who froze boardroom pay this year, and edged out the €10.3m (£9.3m) awarded to Jeroen van der Veer, the outgoing boss of Royal Dutch Shell.

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BG succeeds in bid for Pure Energy

Rumours have recently been circulating in Australia that either BG or Shell might make a bid for Santos, another company with interests in Queensland’s coal bed methane with a market capitalisation of about A$10bn.

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DEALTALK-BP, Shell eye Santos; China bid unlikely

HONG KONG/PERTH, March 24 (Reuters) – Global energy giants BP and Shell are eyeing possible bids for Australia’s No.3 oil and gas firm Santos, which one analyst valued at around $7 billion…

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BG wins control of Australia’s Pure in gas push

The bid for Pure initially pitted BG against its larger rival, Royal Dutch Shell, which already has a joint venture with Arrow developing coal bed methane in Australia and elsewhere. However, Shell undermined Arrow’s chances of winning Pure when it said last month that, in the absence of a higher offer, it would sell its own 11 per cent stake to BG.

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BG Group Has Majority Control of Pure Energy

Rival bidder Arrow Energy, which is Royal Dutch Shell’s Australian joint-venture partner, holds about 20% of Pure and hasn’t said whether it will sell its stake into BG’s bid.

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BG takes majority control of Pure Energy

Rival bidder Arrow Energy, which is Royal Dutch Shell’s Australian joint venture partner, holds about 20pc of Pure and hasn’t said whether it will sell its stake into BG’s bid.

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BG Group wins control of Pure Energy

The bid for Pure initially pitted BG against its larger rival Royal Dutch Shell, which is a joint venture partner of Arrow in developing coal bed methane in Australia and around the world. However, Shell undermined Arrow’s chances of winning Pure when it said last month that it would sell its 11 per cent stake to BG, in the absence of a higher offer.

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Arrow Rises on Speculation It Will Drop Bid for Pure

Arrow Energy Ltd., Royal Dutch Shell Plc’s partner in coal-seam gas, gained the most in three weeks on speculation it will drop its bid for Pure Energy Resources Ltd. and follow Shell in accepting BG Group Plc’s rival offer.

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Shell Gives Ground to BG in Battle for Pure Energy

SYDNEY — BG Group PLC has moved closer to securing control of Pure Energy Resources Ltd. after Royal Dutch Shell PLC said it would sell its 11% stake in the coal seam gas producer into BG’s 1.03 billion Australian dollar (US$651 million) offer.

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BG Raises Bid for Pure Energy

BG likely hopes the move is a winning step in its battle with Royal Dutch Shell PLC’s Australian joint-venture partner, Arrow Energy Ltd., for the coal-seam gas producer.

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