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    1. NEW

      8:11AM

      BG profits hit by oil price drop

      BG Group, the UK-listed oil and gas company that is being acquired by Royal Dutch Shell in a $55bn deal, announced a...

    2. May 13, 2015

      Drop long-term pay plans, think-tank argues

      Long-term incentive plans (LTips) for executives should be scrapped and performance bonuses should be paid in cash not...

    1. May 8, 2015

      Helge Lund urges Shell to integrate BG employees based on merit

      Helge Lund, chief executive of BG Group, has urged Royal Dutch Shell to adopt a “merit-based” selection process in...

    2. May 5, 2015

      BG investors protest over Helge Lund’s pay

      Investors in BG Group, the UK-based oil and gas producer, have rebelled against a multimillion pound pay deal for Helge...

    3. April 16, 2015

      Mandelson’s mellowing views

      Peter Mandelson: Non-dom dealings Lord Mandelson has joined the advisory board of principal investments company...

    4. April 8, 2015

      Helge Lund in line for big payout after short stint as BG chief

      Helge Lund was hired to turn round BG Group. Instead, after just eight weeks as chief executive of BG, the Norwegian is...

    5. April 8, 2015

      Bold deal leaves Shell boss as Ben van Browne and Lund as a footnote

      An agreed £47bn takeover by Shell is set to consign BG Group chief executive Helge Lund to the ranks of history’s...

    6. April 8, 2015

      Shell’s £47bn swoop on BG Group opens way to wave of energy deals

      Royal Dutch Shell has swooped on its smaller rival BG Group, striking the energy industry’s biggest deal in more than a...

    7. April 7, 2015

      Shell in ‘advanced’ talks with BG over £46bn deal

      Royal Dutch Shell is in advanced talks to acquire BG Group for around £46bn ($68bn), in a deal that would expand the...

    8. February 9, 2015

      Helge Lund moves to BG Group three weeks earlier than planned

      Helge Lund has started his tenure as chief executive of BG Group, after an agreement was reached with Statoil that...

    9. February 6, 2015

      Statoil to cut spending after oil price collapse

      Statoil, Norway’s biggest energy group, became the latest oil company to cut spending this year and signal project...

    10. February 4, 2015

      Statoil looks at delaying development of Norwegian Arctic field

      Statoil is examining whether to delay development of its Johan Castberg project in the Norwegian Arctic as it takes a...

    11. February 3, 2015

      BG in $8.9bn writedown of assets after oil price fall

      BG Group swung to a pre-tax loss last year after writing down the value of its asset portfolio by $8.9bn to reflect...

    12. December 10, 2014

      BG Group: fair dinkum

      Lots of animals can kill you in Australia. Take the Drop Bear. This creature — rumour has it — jumps from trees to kill...

    13. December 10, 2014

      BG to sell liquefied natural gas pipeline for $5bn

      BG Group has sold a gas pipeline built as part of the company’s liquefied natural gas project in northern Australia for...

    14. December 1, 2014

      John Hood: man at the centre of BG pay row

      BG Group’s decision to slash the pay package awarded to incoming chief executive Helge Lund is a blow not only to...

    15. December 1, 2014

      Love more effective than rockets for City’s pro-Europe campaigners

      Hearts and minds campaigns are not inevitably doomed. Love bombing the Vietnamese with Hershey Kisses could have worked...

    16. December 1, 2014

      BG backs down on pay package for Helge Lund

      BG Group has retreated in the face of a shareholder revolt over the pay package of incoming chief executive Helge Lund...

    17. November 26, 2014

      Thomas Cook waves an ungrateful goodbye to Harriet Green

      “Let’s go!” was the marketing message for Thomas Cook introduced by chief executive Harriet Green. And now she has...

    18. November 26, 2014

      Top investors warn of revolt over new BG Group chief’s pay deal

      A multimillion-pound pay package that would make Helge Lund, incoming chief executive of BG Group, one of Europe’s best...

    19. October 29, 2014

      Statoil slumps to first quarterly loss since 2001 listing

      Statoil has reported its first quarterly loss since listing in 2001 as impairment charges and falling oil prices pushed...

    20. October 28, 2014

      Lloyds: mechanisation is never mechanistic

      A push by Lloyds to invest £1bn in technology to cut costs by £400m a year brings to mind an old advertisement of...

    21. October 17, 2014

      Helge Lund looks forward to Norwegian skiing before moving to BG

      Helge Lund is looking forward to an “extremely good” winter full of snow in Norway. The 52-year-old, who BG Group...

    22. October 16, 2014

      Search is on for executives who can warm to Norway’s challenges

      Wanted: three executives for a trio of Norway’s biggest companies. Lovers of fjords, cross-country skiing, brown cheese...

    23. October 15, 2014

      Statoil boss has challenges at BG

      When Helge Lund becomes chief executive of BG Group next March, he can expect to inherit an improving outlook at the...

    24. October 15, 2014

      BG: axing for it

      In a historical reversal, the land of the Vikings has lost one of its leaders to invaders from the British Isles. BG...

    25. October 15, 2014

      BG Group poaches Statoil’s CEO

      Helge Lund will become one of Europe’s best paid oil bosses after BG Group poached him from the far larger Statoil to...

    26. April 29, 2014

      Statoil boosted by US gas supply division

      A jump in demand and a recovery in prices at Statoil’s gas supply business in North America, in response to plunging...

    27. February 7, 2014

      Statoil pledges to curb spending plans

      Statoil became the latest of the western majors to promise greater capital discipline as it slashed its spending plans...

    28. December 1, 2013

      Leadership amid a terrorist crisis

      On January 16 this year, terrorists attacked a gas plant at In Amenas in Algeria. During the four days of the hostage...

    29. October 30, 2013

      Statoil chief casts doubt on Arctic oil production potential

      Statoil’s chief executive played up the Norwegian oil company’s positions in what he called “the workable Arctic”, in...

    30. May 2, 2013

      Statoil hit by low production and weak gas prices

      Statoil’s net income dropped by nearly a third in the first quarter as the Norwegian oil and gas group suffered from...

    31. February 7, 2013

      Statoil to boost spending by $1bn

      Statoil is to boost capital spending as the Norwegian oil major seeks to lift production 25 per cent by the end of the...

    32. January 23, 2013

      ConocoPhillips pushes to open up Arctic

      ConocoPhillips, the US oil and gas group, has urged Norway to open up more of its Arctic waters for development just...

    33. January 19, 2013

      Algeria hostage death toll put at 23

      As many as 23 hostages and 32 terrorists died in the four-day siege at Algeria’s remote In Amenas natural gas facility,...

    34. January 17, 2013

      Algeria in bloody raid to free hostages

      Algerian security forces armed with attack helicopters and rockets on Thursday stormed the remote natural gas facility...

    35. October 26, 2012

      Statoil downgrades output forecast

      Statoil downgraded its production forecast for next year as it said it would cut output of shale gas in the US after...

    36. August 27, 2012

      Statoil finds new large North Sea field

      Statoil has upped its production aspirations in Norway after confirming the discovery of a new large field in the North...

    37. July 29, 2012

      Norway’s force in the oil world

      Helge Lund is almost the antithesis of the classic oil man. In a world of cigar-chomping wildcatters, roughnecks and...

    38. July 26, 2012

      Statoil raises oil output target

      A happy conclusion to drilling at its King Lear exploration well in the North Sea has helped Statoil of Norway maintain...

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    1. Former Statoil CEO Helge Lund on his new role at BG...
      Wed Oct 15 14:40:11 GMT 2014

      Former Statoil CEO Helge Lund on his new role at BG