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BG Group
From Wikipedia, the free encyclopedia
| BG Group p.l.c. | |
|---|---|
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| Type | Public (LSE: BG Group, NYSE: BG Group) |
| Founded | 1998 Demerger of Centrica 2000 Demerger of Latice Group from BG Group |
| Headquarters | Reading, England, UK |
| Key people | Frank Chapman (CEO) Sir Robert Wilson Chairman |
| Industry | Oil Production Natural Gas Companies |
| Products | Oil Natural Gas |
| Revenue |  £7,270 million(2006) |
| Operating income | £3,130 million (2006) |
| Net income | £1,920 million (2006) |
| Employees | 5,390 (2005) |
| Slogan | Natural Gas its our Business |
| Website | www.bg-group.com |
BG Group Plc (LSE: BG.) is an energy production and distribution company which has its headquarters in Reading outside London, England. The company was created in 1997 when British Gas plc divested Centrica plc and became BG plc, which was reorganised in 1999 as BG Group plc. BG Group has use of the trading name "British Gas" outside the United Kingdom; Centrica owns the rights to use it within the UK.
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In 2000 a further demerger separated the company into Lattice Group plc and BG Group. Lattice took ownership of Transco (the gas transporter for the UK), Advantica (gas engineering and consultancy specialist) along with the property and transport companies and BG Group took ownership of gas fields and other assets.
In 2002 Lattice merged with National Grid Company to become National Grid Transco which was renamed National Grid in 2005.
BG Group's main business is exploration for and the extraction of natural gas, liquefied natural gas and to a lesser extent oil. It sells these products to wholesale customers such as retail gas suppliers and electricity generating companies. It also owns some gas pipelines and is involved in some power generation projects. It is active around the world, with only a minority of its business being in the UK.
| Chairman | Chief Executive | Deputy Chief Executive | Chief Financial Officer | Non-Executive Director | Non-Executive Director | Non-Executive Director | Non-Executive Director | Non-Executive Director | Senior Independent Director |
|---|---|---|---|---|---|---|---|---|---|
| Sir Robert Wilson | Frank Chapman | Bill Friedrich | Ashley Almanza | Peter Backhouse | Sir John Coles | Jürgen Dorman | Baroness Hogg | Lord Sharman | Paul Collins |
| Chief Executive | Deputy Chief Executive | Chief Financial Officer | Executive Vice President & Managing Director, BG Advance | Executive Vice President, Policy & Corporate Affairs | Executive Vice President & Managing Director, Europe and Central Asia | Executive Vice President, Human Resources | Executive Vice President & Managing Director Mediterranean Basin and Africa | Executive Vice President & Managing Director North America, Caribbean and Global LNG |
|---|---|---|---|---|---|---|---|---|
| Frank Chapman | Bill Friedrich | Ashley Almanza | Jørn Berget | Charles Bland | Mark Carne | Peter Duffy | Stuart Fysh | Martin Houston |
| General Counsel | Executive VP & Managing Director South America | Company Secretary |
|---|---|---|
| Graham Vinter | Rick Waddell | Keith Hubber |
- Official site
- Yahoo! profile
- BG News monitoring from II
- BG Group stock performance chart from Gstock
