BG Group PLC BG. StarRatingValueLabel_4

Latest Morningstar Commentary
DateAuthor Headline
08/04/2013Holly Cook 10 Most Popular Shares in Q1
These 10 companies topped the list of most searched for stocks on Morningstar.co.uk in the first quarter of 2013
05/04/2013Holly Cook 6 Undervalued UK Companies
The market looks broadly fairly valued but there are a handful of shares that still offer upside, according to Morningstar research
22/02/2013Chris Menon Ride the Rising Price of Energy
These specific funds and companies could stand to benefit from the rising price of energy over the long term
30/01/2013Bridget Freas, CFA Morningstar Identifies Takeover Targets for 2013
PREMIUM EXCLUSIVE: The means and motives for deals are in place, but macroeconomic fears will likely keep the M&A market in waiting

Latest Company News

DateTimeSourceHeadlineType
Previous Stories...
03/05/201217:46DJDJ 3rd UPDATE: BG Group Profits Overshadowed By Cost OverrunsERN
03/05/201212:03DJDJ 2nd UPDATE: BG Group Profits Overshadowed By Cost OverrunsERN
03/05/201211:31DJDJ CORRECT: BG Group To Sell Comgas Stake As Profit DoublesERN
03/05/201210:08DJDJ BG Doesn't Face Bolivia Nationalization - CEOOUT
03/05/201208:21DJDJ UPDATE: BG Group To Sell Comgas Stake As Profit DoublesERN
03/05/201207:32DJDJ BG Group Doubles Net Profit On High Energy PricesERN
03/05/201207:17DJDJ BG MOU With Cosan For Sale Of Its 60.1% Holding In Comgas For $1.8BOUT
03/05/201207:01RNSBG GROUP plc - 1st Quarter ResultsQRF
03/05/201207:00RNSBG GROUP plc - Memorandum of understanding signed - Comgas saleMSC
02/05/201209:32DJDJ UPDATE: BG Group Begins Bolivia Gas Output, Monitors Red ElectricaOUT
02/05/201207:13DJDJ BG Group: Margarita Phase I On Stream, To Reach Capacity In 2Q12OUT
02/05/201207:01RNSBG GROUP plc - First production from Margarita Phase 1 in BoliviaMSC
01/05/201223:59DJDJ Origin Agrees To Sell Gas To Gladstone LNGOUT
01/05/201219:29DJDJ 2nd UPDATE: Bolivia's Morales Expropriates Red Electrica AssetsOUT
01/05/201214:00RNSBG GROUP plc - Total Voting RightsTVR
01/05/201202:48DJWSJ: BG Group's QGC Banks $78.6 Million for Senex Energy StakeOUT
30/04/201212:49DJDJ EARNINGS FORECAST TABLE: BG Group 1Q 2012ERN
27/04/201209:58DJDJ UPDATE:BG Group To Sell 40% Stake In Chile LNG Plant For $352MMNA
27/04/201209:00DJDJ BG Group To Sell 40% GNL Quintero Stake To Enagas For $352MMNA
27/04/201208:48RNSBG GROUP plc - Sale of Equity interest in Chilean LNG terminalMSC
Regulatory News Abstract
DateType Story
23/05/2013Business Event Result of AGM
At the company's AGM held on 23 May 2013, all the resolutions including special resolutions to empower the directors to allot equity securities for cash, to authorise the company to make market purchases of its own Ords and to call General Meeting other than AGM, on not less than 14 clear days' notice, were duly passed
07/05/2013Disposal Agreement signed for QCLNG stake sale
The company has signed binding agreements with China National Offshore Oil Corporation (CNOOC) for the sale of certain additional interests in the Queensland Curtis LNG (QCLNG) project in Australia for $1.93 billion and for the supply of an additional 5.00m tonnes per annum of liquefied natural gas (LNG). Additionally, CNOOC will reimburse the company for its share of QCLNG project expenditure incurred from 1 January 2012. Completion of the transaction is expected by the end of the year, subject to government, regulatory and other relevant approvals and to the finalising and execution of certain other related documentation
02/05/2013Trading Statement Encouraged by the progress
ce - "...I am encouraged by the progress we are making against our remaining 2013 targets"
01/05/2013Business Event Successful completion of Mzia well
The company announces that it had completed another successful drill stem test in Block 1 offshore Tanzania, with initial results from the Mzia-2 well showing better than expected properties in the deeper Cretaceous reservoir. The test on Mzia-2 flowed at a maximum rate of 57.0m standard cubic feet of natural gas per day, constrained by testing equipment. Mzia-2 is 4.00 km from the Mzia-1 discovery, in around 1,620 metres of water and approx. 45.0 km off the coast of southern Tanzania. It is approx. 22.0 km to the north of the Jodari-1 discovery well, also in Block 1, where a successful drill stem test was completed in March on the shallower Tertiary reservoir
25/04/2013Adviser Change Change of Financial PR Adviser
Maitland is no longer named as lead Financial PR Adviser to the company
05/04/2013Adviser Change Change of Remuneration Consultant
Linklaters is no longer named as lead Remuneration Consultant to the company
05/04/2013Adviser Change Change of Remuneration Consultant
Herbert Smith Freehills LLP is no longer named as lead Remuneration Consultant to the company
04/04/2013Trading Statement Expect strong volume
"The group still expects strong volume and cash flow growth in 2014 and 2015"
28/03/2013Business Event Notice of AGM
At the company's AGM to be held on 23 May 2013, special resolutions to empower the directors to allot equity securities for cash, to authorise the company to make market purchases of its own Ords and to call General Meeting other than AGM, on not less than 14 clear days' notice, will be proposed
28/03/2013Adviser Change Appointment of Auditor
Ernst & Young LLP will be appointed as Auditor to the company as of 23 May 2013
20/03/2013Business Event Completes long-term agreement of LNG
The company has completed an agreement for the long-term sale of liquefied natural gas to India. Under the agreement, the company will supply state-owned Gujarat State Petroleum Corporation Limited with up to 2.50m tonnes per annum of LNG
18/03/2013Business Event Operational update
The company announces that it had completed its appraisal programme in the Jodari field of Block 1 offshore Tanzania, with a drill stem test on the original natural gas discovery well confirming the excellent quality of the Tertiary reservoir. The drill stem test on the Jodari-1 well, the first in deep water off Tanzania, flowed at a maximum rate of 70.0m standard cubic feet of natural gas per day, constrained by testing equipment. The drill stem test was conducted on one of the three successful wells on the Jodari field, in 1,150 metres of water and approx. 39 km off the coast of southern Tanzania
18/03/2013Business Event Everest East expansion
The company announced first production from its Everest East expansion project in the UK North Sea. This significant milestone is the second of seven projects the company plans to bring onstream in 2013 as outlined at company's annual results in February
04/03/2013Non-Exec Director Change Lim Haw-Kuang appointed
Lim Haw-Kuang has been appointed to the board as non-executive director with immediate effect
18/02/2013Business Event New extended well test at Sapinhoá
The company started of a new extended well test in the Sapinhoá North area of the BM-S-9 concession in the pre-salt Santos Basin marking the delivery of another milestone in the field development plan. The floating production, storage and offloading vessel Cidade de São Vicente was connected to the 3-BRSA-788-SPS well, in water depths of 2,140 metres.
15/02/2013Director Change Fabio Barbosa leaves board
Fabio Barbosa, Chief Financial Officer, has stepped down from the board with immediate effect
15/02/2013Director Change Interim CFO appointed
Den Jones has been appointed to the board as executive director & Interim Chief Financial Officer, until the appointment of new successor
15/02/2013Disposal Sale of conventional US gas producing assets
The company has signed a sale and purchase agreement with EXCO Resources for the divestment of all its interests in the shallow, non-core, conventional producing assets and acreage in the Cotton Valley formation for a consideration of $133m. Closing of this transaction is expected in Q1 2013
15/02/2013Director Change Den Jones appointed
Den Jones has been appointed to the board as executive director with immediate effect
11/02/2013Non-Exec Director Change Philippe Varin leaves board
Philippe Varin, non-executive director, has stepped down from the board with immediate effect
05/02/2013Adviser Change Appointment of Financial PR Adviser
Brunswick Group LLP has been appointed as Financial PR Adviser to the company
08/01/2013Business Event First production from Sapinhoa field, offshore Brazil
The company announced the start of commercial production on time and on budget at the Sapinhoa field in block BM-S-9 offshore Brazil. The Cidade de Sao Paulo floating production, storage and offloading vessel is the first unit deployed on the Sapinhoa field and the second of 15.0 FPSO vessels planned in blocks BM-S-9 and BM-S-11 in the first phase of development of the pre-salt Santos Basin