Royal Dutch Shell Plc agreed to buy BG Group Plc for about 47 billion pounds ($70 billion), making Europe's largest oil company the pre-eminent player in global natural gas and adding fields in Brazil.
During its existence it said that its geologists and geophysicists had helped find 17 giant hydrocarbon discoveries - each with recoverable resources of more than 500million barrels of oil equivalent or 3 trillion cubic feet of gas.
RIO DE JANEIRO—Royal Dutch Shell PLC on Monday completed its roughly $50 billion acquisition of BG Group PLC, giving the Anglo-Dutch oil company a dominant footprint offshore Brazil—one of the most prized oil plays in the world, but one that presents ...
Despite the plunge in oil prices, and just days after BG Group (BG.) began production at the Knarr oil field in the North Sea, offshore Norway, broker Citi has repeated 'buy' advice and said it still thinks the shares are worth a tenner each.