Search results for: Shell-BG takeover

76330 results

A list of search results

  • 17 September 2015
    Business & Finance

    The Australian Competition and Consumer Commission (ACCC) has expressed its concerns over the proposed USD 70 billion Royal Dutch Shell’s takeover of BG Group, saying that it might limit local competition and increase gas prices. The ACCC said it has received a large number of submissions from market participants concerned about the competition effects of the […]

  • 17 September 2015
    Business & Finance

    The Australian Competition and Consumer Commission (ACCC) has expressed its concerns over the proposed USD 70 billion Royal Dutch Shell’s takeover of BG Group, saying that it might limit local competition and increase gas prices. The ACCC said it has received a large number of submissions from market participants concerned about the competition effects of the […]

  • 22 October 2015

    Shell’s $70 billion acquisition of the British gas giant BG Group, will have to wait some more, as the Australian Competition & Consumer Comission, tasked to review the potential competition concerns, has delayed its final decision once again. The decision was first delayed in September. According to information found on the competition watchdog’s website, the […]

  • 2 September 2015
    Business & Finance

    Anglo/Dutch oil and gas giant Royal Dutch Shell has moved yet another step closer to finalising one of the largest oil and gas mergers in history, the $70 billion acquisition of the UK’s BG Group. Shell on Wednesday announced that its recommended combination with BG Group plc has received unconditional merger clearance from the European […]

  • 16 June 2015
    Business & Finance

    Royal Dutch Shell plc today announced its recommended combination with BG Group plc has cleared its first antitrust hurdle by receiving early termination of the US antitrust waiting period from the United States Federal Trade Commission (“FTC”). The two companies announced in April that they had reached agreement on the terms of a recommended cash and share offer to […]

  • 9 April 2015

    Offshore Energy Today yesterday reported on Shell’s move to take over rival company BG Group in what has been described as an oil & gas deal of the decade. Shell has agreed to acquire BG Group in a combined cash and shares transaction of an estimated value of $69.8 billion. Wood Mackenzie, one of the […]

  • 27 July 2015
    Business & Finance

    Royal Dutch Shell plc has announced that its recommended combination with BG Group plc has received unconditional merger clearance from the Brazilian competition authority (CADE), satisfying the first of the pre-conditions to the combination. The unconditional clearance follows CADE’s initial approval of the combination on July 8, 2015, and the expiry of the 15 day […]

  • 8 April 2015

    Oil major Royal Dutch Shell is in talks to buy BG Group, a UK-based oil and gas company, for £47 billion ($69.8 billion) in shares and cash combined. The combination will result in BG Shareholders owning approximately 19% of the combined group. In their joint statement issued today, BG Group and Shell have said the companies have reached […]

  • 9 July 2015

    Anglo/Dutch oil titan Shell has moved one step further to completing what has been described as one of the largest oil and gas deals in history, the acquisition of the UK-based BG Group. Namely, the company has skipped another hurdle on its track to finalize the $70 billion acquisition after Brazil’s Council for Economic Defence […]

  • 3 November 2015
    Business & Finance

    Royal Dutch Shell on Tuesday again sought to assuage investor concerns over its planned $70 billion (45.34 billion pounds) takeover of BG Group as it announced plans for further synergies and cost cuts aimed at making the deal work with oil prices in the mid-$60s a barrel.

  • 10 April 2015

    Britain’s largest union, Unite, warned against crude cost cutting and job cuts following Wednesday’s announcement of the deal between Royal Dutch Shell and BG Group.  With workers in Shell’s North Sea operations already facing a raft of job cuts and the two companies talking of the need to achieve ‘synergies’, the union called for urgent assurances […]

  • 15 April 2015

    Hannon Westwood, an energy intelligence group, has provided its insight into the recent deal whereby Shell will buy BG Group for $70 billion, the second biggest oil and gas deal on record after Exxon and Mobil’s £51bn ($75.3bn) merger in 1998. Among other things, the intelligence group has paid special attention to the implications of the deal on […]

  • 3 December 2015
    Vessels

    Australia’s Foreign Investment Review Board on Thursday approved the proposed $70 billion takeover of BG Group by the Royal Dutch Shell.

  • 11 January 2016

    Shell’s proposed multi-billion dollars takeover of UK’s BG Group will not be passed by a unanimous vote “FOR” at the upcoming shareholders meeting. At least not according to a statement by Standard Life Investment, a Shell shareholder, which said it will vote against the merger at the shareholders’ meeting scheduled for January 27, 2015. David […]

  • 11 February 2016

    Hague-based LNG giant Shell said Thursday it has cancelled a US$14.4 billion bridge credit facility intended to fund its takeover of BG group. Shell entered in May 2015 into a £10,07 billion (US$ 14.4 billion) bridge credit facility agreement with a group of banks in connection with its takeover offer for UK-based BG. “As Shell […]

  • 19 April 2015

    The most read article on Offshore Energy Today last week was our interview with Rabobank’s industry analyst, Richard Brakenhoff.  Namely, Dutch bank Rabobank issued a report recently titled: “Offshore energy: Short-term dip, long-term rise”, providing their insight into the current market conditions. Brakenhoff shared his views about the drop in oil prices, the effects of oil and gas […]

  • 15 February 2016

    By Jeb Blount and Marta Nogueira RIO DE JANEIRO (Reuters) – Royal Dutch Shell, Europe’s largest oil company, expects to make robust investments in Brazil’s offshore, hoping to quadruple oil and gas output there by the end of the decade, its chief executive officer said on Monday. CEO Ben Van Beurden spoke in Brazil shortly […]

  • 25 April 2016

    Anglo/Dutch oil company Shell will close down BG Group’s UK offices following the takeover completed in February 2016.  Last December Shell announced that it would conduct a comprehensive review of the company’s office footprint in the UK. Following media reports on Monday saying that Shell would shut down several BG’s offices located in the UK, Offshore Energy […]

  • 4 May 2016

    LNG giant Royal Dutch Shell on Wednesday posted it first results since the multi-billion takeover of BG, revealing a sharp decline in its first-quarter profit on low oil, gas and LNG prices.

  • 20 January 2016

    Norges Bank Investment Management, a part of Norway’s central bank Norges Bank, responsible for the management of the country’s $825 billion sovereign wealth fund, will vote for the proposed Shell-BG Group merger. The world’s largest sovereign wealth fund, owning shares in both energy companies, on Wednesday said it would vote in favor of the merger […]

  • 2 September 2015

    LNG player BG said that the $70 billion takeover offer for the company to be made by oil and gas giant Shell has received unconditional merger clearance from the European Commission. The approval is one of the five regulatory clearances that are pre-conditions to the combination and this is the second pre-condition to be satisfied, […]

  • 3 May 2016

    LNG giant Royal Dutch Shell said it would cut jobs in Australia following the recent merger with the BG Group. Shell has earlier flagged around 2,800 job cuts worldwide following the takeover of LNG player BG. “Shell has commenced conversations with employees about business efficiency and staffing levels – as a result of combining it with the […]