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
-
China Petroleum & Chemical Corporation To Buy $227 Million Assets From Parent Company-Reuters
-
Europe shares snap losing run; oils, miners boost
-
BG Group: BG Group and Petrobras joint Santos Basin gas development
-
BG Group, Petrobras Team Up in Santos Basin ...
-
FTSE drops 1.8 pct, weighed by weak commods, banks
-
BG Group Sales Down 33%; BP Net Falls 34%
-
BG Group upgraded to buy at Deutsche Bank
-
FTSE pauses for breath; miners, oils, banks weigh
-
BRIEF-RESEARCH ALERT-ING cuts Repsol YPF to sell
-
EXCO Resources, Inc. Announces Agreement with BG Group Regarding Midstream Assets
-
BG Group, Exco Resources form alliance to develop shale gas in the US
-
EXCO Resources announces agreement with BG Group for joint development of its Haynesville Shale and...
News & Analysis
Filter by
bg group plc and origin energy ltd. - All News and Analysis
BREAKFAST DEALS: China billion
Lunch isn't just for wimps. Check out LUNCH DEALS for more wheels and deals later today. China hasn't completely turned off Australia, with rumours of China Investment Corporation buying a $1 billion convertible note in Fortescue following its investment in Goodman Group. Also, Rio Tinto's Stern Hu is expected to...
BG bows out from battle for Origin
BG Group has finally accepted defeat in its A$13.8bn (6.2bn) battle for Origin Energy, the Australian gas and electricity group, ann-ouncing yesterday that it would allow its offer for the company to lapse. Origin's A$9.6bn joint venture with ConocoPhillips, the US giant, announced on Monday, left BG little...
BG thwarted in bid for Origin by Pounds 4.5bn deal with Conoco
Origin Energy has signeda A$9.6bn (4.5bn) coal seamgas CSG joint venture with ConocoPhillips, the US giant, sounding the death knell for BG Group's moves on the Australian company. The UK group's A$15.50-per-share hostile bid, which expires this month, is unpopular with Origin's board and has spurred repeated recommendations...
Origin urges shareholders to reject BG offer
Australia's gas and electricity giant Origin Energy has reiterated its call for shareholders to reject BG Group's A$13.8bn (6.4bn) hostile takeover bid, emphasising that options are still open for other types of commercial partnership. In the run-up to the expiry of BG's A$15.50 per share offer next month,...
BG Group says Origin takeover bid is 'fair value'
LONDON AFP — British oil and gas giant BG Group said Tuesday that its 12.0-billion-US-dollar (8.2-billion-euro) hostile takeover bid for Australia's Origin Energy represented "full and fair value." Origin had earlier urged its shareholders to reject the offer, worth 13.8 billion Australian dollars, arguing that it had undervalued the...
Australia's Origin rebuffs BG's 12-bln-dlr takeover bid
SYDNEY AFP — Australia's Origin Energy on Tuesday formally urged shareholders to reject a 13.8-billion-dollar (12-billion-US) hostile takeover bid by Britain's BG Group. Australia's second biggest energy retailer said the all-cash offer from global gas firm BG at 15.50 dollars per share undervalued the company and its prospects. ...
Energy group BG says net profit rockets in first half
LONDON AFP — British oil and gas giant BG Group, hoping to get its hands on Australia's Origin Energy, said on Thursday that its net profit had soared 68 percent in the first-half as the price of crude rocketed. The group's second-quarter profits also surged, but because they were...
BG ponders fresh bid for Origin after Pounds 6.7bn offer is rejected
BG Group said yesterday that it had not ruled out raising its A$13.8bn (6.7bn) offer for Origin Energy as the Australian natural resources group formally rejected its hostile bid. Grant King, Origin's chief executive, said that BG's offer for the company undervalued its huge coal seam gas reserves....
Australia's Origin to recommend rejection of BG bid
SYDNEY AFP — Australia's Origin Energy said Friday it planned to recommended that shareholders reject a 13.8-billion-dollar (13.1 billion US) hostile takeover bid by Britain's BG Group. BG announced last month it would go directly to Origin's shareholders with the 15.50 dollars a share all-cash offer after the board...
REDRAWING FRONTIERS
BG's hostile bid for Origin is just one more example of how far natural resources firms can, and will, go to secure supplies now that oil and gas prices are at record highs. By Danny Fortson Business Analysis Such are the heights that the oil...
- 1
- 2
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 |
Industry Transcripts by Seeking Alpha
-
Ocean Power Technologies, Inc. F2Q10 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 10, 2009about OPTT
-
New Jersey Resources F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
on Dec 01, 2009about NJR
-
Atwood Oceanics Inc. F4Q09 (Qtr End 30/09/09) Earnings Call Transcript.
on Nov 24, 2009about ATW
-
StealthGas Inc. Q3 2009 Earnings Call Transcript
on Nov 17, 2009about GASS
-
WGL Holdings Inc. F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
on Nov 13, 2009about WGL
Glass Door
BG Group
IndustryTop Rated
- Trina Solar: Still Struggling to Bring Manufacturing Costs in Line With Falling Prices 3 votes
- Boxer Rolls Political Dice, Climate Bill Moves Onto Senate Floor 3 votes
- Valero to Shutter Some Refinery Operations, Cut Hundreds of Jobs 3 votes
- Cold Water Dampens Raser Technologies Future 2 votes
- Another Spending Spree at Chesapeake Energy? 2 votes
