Frank Chapman

Frank Chapman News

• BG Says Earnings to Rise Faster Than Production on LNG Sales

  BG Group Plc, the U.K.’s third- largest natural-gas producer, said earnings growth will outpace production as it expands trading in liquefied natural gas.

• BG Group Rises After Output and LNG Profit Beat Expectations

  BG Group Plc, the U.K.’s third-largest oil and gas producer, rose the most in almost a year after reporting production and liquefied natural gas earnings that exceeded analysts’ expectations.

• BG First-Quarter Profit Declines 3% as Oil and Gas Output Falls

  BG Group Plc, the U.K.’s third-largest oil and gas producer, said profit declined 3 percent in the first quarter as production dropped.

• BG Appoints Chris Finlayson as CEO to Replace Frank Chapman

  BG Group Plc appointed Chris Finlayson to succeed Frank Chapman, the chief executive officer who transformed the U.K.’s former state-owned gas driller into a global producer.

• BG Executive Directors Decline Bonuses After Output Lags

  BG Group Plc’s former Chief Executive Officer Frank Chapman and executive directors skipped bonuses in relation to last year’s performance after production targets were missed.

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  BG Exposed to Bids as $60 Billion Company’s Stock Dips: Real M&A

  BG Group Plc’s valuation falling by half in less than two years is making even a $60 billion company look vulnerable to a takeover as oil giants hunt for growth in new frontiers.

• BG to Sell $5 Billion in Assets as Net Gains on LNG Demand

  BG Group Plc, the U.K.’s third- largest natural-gas producer, plans to sell $5 billion of assets in the next two years to maintain investment and production growth, and meet stronger demand for liquefied natural gas.

• BG Explores for Tanzanian Gas to Underpin Two-Unit LNG Plant

  BG Group Plc , the U.K.’s third- largest natural gas producer, said it plans to drill more wells off Tanzania to find enough reserves to underpin development of a two-unit land-based plant to liquefy the fuel.

• BG Group’s Barbosa Steps Down as CFO to Head South America Unit

  Fabio Barbosa, chief financial officer of BG Group Plc, will step down from his post at the U.K.’s third-largest oil and gas company to become chairman of its South American unit.

• BG Says Fewer Brazil Wells Needed to Reach Plateau Output

  BG Group Plc, which plans to invest $30 billion in Brazil in the next decade, said it needs fewer wells than first estimated to reach plateau production at offshore fields.

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Quote

• "Our efforts in the U.S. business are now focused on progressing our significant opportunities for the export of liquefied natural gas from North America to BG Group's global customers."

  - Frank Chapman on Jul 26, 2012

Related Topics

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  Brazil

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  Egypt

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  North Sea

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  London

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