BNET Industries
Last Fiscal Year Sales:$9.7B
- Public
- UK
Dow Jones Description
British Gas keeps the mother country warm. Founded in 1972 and headquartered in Reading, UK, BG Group Plc (NYSE: BRG (ADR); London: BG) explores, produces, develops, and supplies natural gas. The company also owns pipelines and distribution networks, owns gas-fired generation plants, and develops and manages LNG terminals and facilities. It has proven reserves of 4.96 trillion cu ft and produces 2.1 billion barrels of oil equivalent. It operates in Europe, North America, South America, Asia, Middle East, Caribbean, and Africa. The company has annual revenue of about Aś5.6 billion and employs about 5,000 people. In 2005 the company acquired sole ownership of Brindisi LNG SpA, the company developing the 8 billion cubic metre per annum (bcma) LNG regasification terminal on the south east coast of Italy from Enel for a cash consideration of ?17 million.
Chief Executive Officer
Frank ChapmanNumber of Employees 5,390
Peer Companies
NAICS Code Crude Petroleum and Natural Gas Extraction: 211111
Recent Events
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China Petroleum & Chemical Corporation To Buy $227 Million Assets From Parent Company-Reuters
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Europe shares snap losing run; oils, miners boost
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BG Group: BG Group and Petrobras joint Santos Basin gas development
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BG Group, Petrobras Team Up in Santos Basin ...
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FTSE drops 1.8 pct, weighed by weak commods, banks
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BG Group Sales Down 33%; BP Net Falls 34%
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BG Group upgraded to buy at Deutsche Bank
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FTSE pauses for breath; miners, oils, banks weigh
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BRIEF-RESEARCH ALERT-ING cuts Repsol YPF to sell
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EXCO Resources, Inc. Announces Agreement with BG Group Regarding Midstream Assets
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BG Group, Exco Resources form alliance to develop shale gas in the US
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EXCO Resources announces agreement with BG Group for joint development of its Haynesville Shale and...
News & Analysis
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bg group plc and human resources - All News and Analysis
Citi's CEO Confident That Job Cuts Will Redeem the Stock
Money Morning submits: By Mike Caggeso Citigroup Inc. C Monday unveiled plans to cut more than 50,000 jobs in the “near term” and slash expenses by 20% to preserve capital as it faces a global slowdown that’s expected to push well into 2009. by Money Morning
Citigroup Brings Out a Bigger Ax
Chris Krasowski submits: A shell of its former cash-loaded banking self, Citigroup C delivered another blow to its workforce with the announcement of over 50,000 job cuts. The cuts are all part of an effort to reduce costs by 1/5th at the bank, which has seen its shareholders lose...
More Trouble in Store for Citigroup
Kirk Shinkle submits: The Wall Street Journal, which ruffled Citigroup's C feathers over possible executive changes last week, now says tens of thousands of job cuts on the way at the bank as well as higher rates for millions of credit card holders. On jobs: by Kirk Shinkle
Parsons Is a Poor Candidate for Chairman of Citigroup
Todd Sullivan submits: The WSJ Reports: The board of Citigroup Inc C. is growing increasingly dissatisfied with the financial giant's performance, and some directors are considering replacing Sir Win Bischoff as chairman, according to people familiar with the matter. by Todd Sullivan
Agilent Technologies Poised to Recover on Earnings
Brooks McFeely submits: Investors should consider shares of Agilent Technologies A following its earnings today. The stock has fallen with the rest of the techs, dropping nearly 35% since the end of September alone. The company’s earnings release will tell the story after-hours which is likely to begin and end...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Frank Chapman | Chief Executive Officer |
| William Friedrich | Deputy CEO |
| Ian Hewitt | President, Offshore Operators Association |
| Ashley Almanza | CFO |
| Charles Bland | Executive Vice President |
| Dave Roberts | Executive Vice President |
| Joern Berget | Executive Vice President |
| Martin Houston | Executive Vice President |
| Peter Duffy | Executive Vice President, HR |
| Peter Hughes | Executive Vice President |
| Ricky Lynn Waddell | Executive Vice President |
| Stuart Fysh | Executive Vice President |
| Mark Carne | Managing Director, Northwest Europe & Executive Vice President |
| Petter Myhre | Managing Director, Norway |
| Rick Wadell | Managing Director, S America & Executive Vice President |
| Sean Sutcliffe | Managing Director, New Business & Executive Vice President |
| Mark McCarthy | Manager, Brand, Marketing |
| Chris Lloyd | Head, Investor Relations |
| J U rgen Dormann | |
| Jonathan Miller | Head, Communications |
| Paul J. Collins | |
| Sara Sizer | Marketing Strategy & Head, Brand |
| Stefan Ricketts | General Counsel |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Keith Mackrell | Deputy Chairman |
| Robert Wilson | Chairman |
| Baroness Hogg | Board of Directors |
| Dame Stella Rimington | Board of Directors |
| David Manning | Board of Directors |
| Elwyn Eilledge | Board of Directors |
| John Coles | Board of Directors |
| Jurgen Dormann | Board of Directors |
| Peter Backhouse | Board of Directors |
| Philippe Varin | Board of Directors |
Frank Chapman (55) was appointed Chief Executive in October 2000, having been appointed to the Board of BG plc in February 1997. He joined British Gas plc in November 1996 as Managing Director, Exploration and Production. He is an engineer and has worked in the oil and gas industry for 33 years. Prior to joining the Company, he spent a total of 22 years with Shell and BP.
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Chief Executive Officer | Current |
| BG Group Plc | Board of Directors | Current |
| Royal Dutch Shell plc | General Manager, Shell UK's Central North Sea assets | Former |
| British Gas Plc | Managing Director,Exploration and Production | Former |
| University of London | Honours degree, Mechanical Engineering (Queen Mary's College) | Former |
| British Petroleum | Research Team | Former |
| Angus & Ross Plc | Board of Directors | Former |
| Dynegy, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Deputy CEO | Current |
| BG Group Plc | Board of Directors | Current |
| Uki Partnerships | Board of Directors | Current |
| Shearman & Sterling Llp | partner | Former |
| British Gas Plc | General Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | President, Offshore Operators Association | Current |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | CFO | Current |
| BG Group Plc | Board of Directors | Current |
| British Gas Plc | Former |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Executive Vice President | Current |
| Texaco | director of strategy management | Former |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Executive Vice President | Current |
| Severn Trent Plc | Managing Director & Executive Vice President | Current |
| Severn Trent Plc | Board of Directors | Current |
| British Gas Plc | Executive Vice President | Former |
| Severn Trent Plc | non-executive director | Former |
| The Bg Group | Former |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Executive Vice President, HR | Current |
| BAE Systems plc | Former | |
| The Bg Group | Former |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| MetroGas S.A. | President | Current |
| BG Group Plc | Executive Vice President | Current |
| The Bg Group | Former |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Managing Director, Northwest Europe & Executive Vice President | Current |
| The Bg Group | Former |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Managing Director, Norway | Current |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Managing Director, S America & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Managing Director, New Business & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Manager, Brand, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Head, Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Current | |
| International Business Machines Corporation | member | Former |
| Sanofi-Aventis | Vice Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Head, Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Genuity International, Inc. | Current | |
| BG Group Plc | Current | |
| Citigroup Inc. | chief investment officer | Former |
| Citigroup Inc. | Vice Chairman | Former |
| Nokia Corporation | Board of Directors | Former |
| Nokia Corporation | Vice Chairman | Former |
| Citigroup Inc. | Director | Former |
| Harvard University | M.B.A | Former |
| University of Wisconsin | B.B.A | Former |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Marketing Strategy & Head, Brand | Current |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | General Counsel | Current |
| The Bg Group | General Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Deputy Chairman | Current |
| BG Group Plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Friedman Fleischer & Lowe, LLC | Executive Investor | Current |
| BG Group Plc | Chairman | Current |
| BG Group Plc | Board of Directors | Current |
| GlaxoSmithKline Plc | Board of Directors | Current |
| Rio Tinto Limited | Executive Chairman & CEO | Former |
| Rio Tinto Limited | chief executive | Former |
| Diageo plc | non-executive director | Former |
| GlaxoSmithKline Plc | non-executive director | Former |
| Rio Tinto Limited | chairman | Former |
| BP plc | Board Director | Former |
| Diageo plc | Board Director | Former |
| Organization | Position | Status |
|---|---|---|
| 3 I Corp | Current | |
| BG Group Plc | Board of Directors | Current |
| Carnival Corporation | Board of Directors | Current |
| Carnival Corporation | Director | Former |
| Carnival Corporation | non-executive director | Former |
| London Business School | Governor | Former |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Board of Directors | Current |
Joined the board on 1 May 2008. Entered the Foreign and Commonwealth Office in 1972 and held senior appointments, including HM ambassador to Israel between 1995 and 1998, foreign policy adviser to the Prime Minister from 2001 to 2003 and HM ambassador to the USA from 2003 to 2007. A non-executive director of BG Group and Lockheed Martin UK Holdings. Aged 59.
| Organization | Position | Status |
|---|---|---|
| Lloyds TSB Group plc | Board of Directors | Current |
| BG Group Plc | Board of Directors | Current |
| Lockheed Martin UK Holdings Ltd. | Board of Directors | Current |
| British-American Business Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| BG Group Plc | Board of Directors | Current |
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