BG Group

United Kingdom

BG Group plc (now BG Group Limited) was a British multinational oil and gas company headquartered in Reading, England. Formed in 1997 through the demerger of British Gas plc's international division, it focused on the exploration, production, and liquefaction of natural gas and oil, with operations in over 25 countries across six continents.

Key assets included major gas fields in Brazil (e.g., Tupi), Australia (Queensland Curtis LNG), Egypt, Trinidad & Tobago, and the UK. The company produced around 680,000 barrels of oil equivalent per day and was a leading player in liquefied natural gas (LNG) marketing. Products encompassed crude oil, natural gas, and petrochemicals.

In 2016, Royal Dutch Shell acquired BG Group for approximately US$70 billion, integrating its assets—particularly LNG and upstream gas operations—into Shell's portfolio. The entity remains active as a private limited company registered at Shell Centre, London, with SIC codes for crude petroleum and natural gas extraction.

Also known as BG Group plc.

Latest news on BG Group

31 July 2026
Shell to sell BG Cyprus Ltd to MOL Group for up to $720 million

35% non-operated stake in Cyprus Block 12 (Aphrodite); produced gas to be sold to EGAS; completion expected early 2027, subject to approvals.

20 April 2026
Yara names Helge Lund as Chair

Appointment effective after AGM on 12 May 2026. Outgoing chair Trond Berger to step down. Committee also nominated Martina Merz and Ivar Vatne; John Thuestad and Tove Feld not standing for re-election.