Statoil ASA, Norway’s largest energy producer, said a third “high-impact” discovery in its Tanzania offshore block added sufficient natural-gas volumes to secure a joint development with BG Group’s neighboring license.
Kazakhstan withdrew a claim for back taxes against an oil venture including BG Group Plc and Eni SpA after agreeing to buy a 10 percent stake in the company earlier this month, according to Deputy Oil Minister Lyazzat Kiinov.
Zara Phillips, granddaughter of Queen Elizabeth II and 14th in line to the U.K. throne, will ride for Olympic gold today as Britain enters the jumping phase of the team eventing competition in second place.
BG Group Plc should consider selling part of its interest in Brazilian oil fields within 18 months to secure funding for projects worldwide and minimize one-county exposure risk, Nomura Holdings Inc. said
Australia’s proposed resource tax may prompt Royal Dutch Shell Plc , ConocoPhillips, BG Group Plc and Santos Ltd. to merge as much as $70 billion of gas projects targeting fuel shipments to China, Japan and South Korea.
The Australian government delayed by three months a decision on whether to approve liquefied natural gas projects proposed by Santos Ltd. and BG Group Plc as it studies their potential impact on the environment.