BG signs off with $3bn flourish before Shell’s bittersweet takeover
Feb 6th, 2016
by John Donovan.


Marcus Leroux: February 7, 2016
BG Group has returned to profit in “bittersweet” valedictory results on the eve of its takeover by Royal Dutch Shell.
A pre-tax profit of $3 billion compared with a writedown-inflicted loss of $1.1 billion in 2014.
During the year BG started the $20 billion Queensland Curtis liquefied natural gas project in Australia and boosted its production in Brazil. Both had been sources of trouble for the company as it issued a succession of profit warnings between 2012 and 2014.
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Posted in: Ben van Beurden, BG Group, Gas, Royal Dutch Shell Plc, Shell.
Tagged: Australia · Ben van Beurden · BG Group · Gas · LNG · Royal Dutch Shell Plc
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