This authority will expire at the AGM and approval from shareholders will be sought at that meeting to renew the authority for a further year. The preparation of Financial Statements in conformity with generally accepted accounting principles requires management to make judgments and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingencies at the date of the Financial Statements and the reported revenues and expenses during the reporting period. Number of successful wells. When appropriate, consultation with employee and union representatives also takes place. Changes in these estimates are dealt with prospectively. Search site.
UK Sir Robert Wilson to Leave BG Group Chairman Post in May in particular its major projects in Australia, Brazil and the United States. BG Group Chairman Sir Robert Wilson announces he will step down in particular its major projects in Australia, Brazil and the United States.
BG bucks the trend with increase in production and reserves Business The Guardian
Sir Wilson is the former chairman of the world's second biggest mining company Rio Tinto and is now chairman of BG Group, the UK-based.
Development of the Simian Sienna and Sapphire fields was accelerated in tandem with Egyptian LNG to come onstream three and nine months ahead of schedule, respectively. Gas Marketing Since acquiring capacity rights at Lake Charles in and Elba Island inBG Group has put together an integrated gas marketing and distribution portfolio consisting of access to over 15 intra-state pipelines, salt storage capacity and over customers, providing BG Group with market and volume certainty.
The Group uses its technical, commercial and gas chain skills to deliver projects at low cost, whilst maximising the sales value of its hydrocarbons. The loss in all three years related mainly to corporate costs and business development expense. The second part provides details of the remuneration, service contracts and share interests of the Directors for the year ended 31 December Over 6 staff and contractors around the world took part in safety workshops to discuss what the new standards mean to them and to commit to ways in which they could improve the safety of their operations.
The Group does not, as a matter of course, hedge all commodity prices, but may hedge certain gas and oil revenue streams from time to time.
BG Group has ended weeks of speculation by confirming Andrew Gould, the Mr Gould will replace Sir Robert Wilson as chairman in May next year.
BG sells Comgas stake for $ bln as Q1 profits rise Interfax Global Energy
in particular its major projects in Australia, Brazil and the United States.”. Sir Robert Wilson joined the BG Group board as a Non-Executive Director in portfolio, in particular its major projects in Australia, Brazil and the United States.
The Group is importing gas from Europe via its share in the expanded Interconnector pipeline and is developing a LNG import terminal in Wales.
The increase in revenue in was principally due to higher volumes at Comgas and the strengthening of the Brazilian Real and Argentine Peso exchange rates. DuringKepler Associates provided advice to the Committee on market trends, incentive schemes and other remuneration issues.
Other businesses were broadly in line with last year. His international experience includes various general management roles in the UK, the Netherlands and Oman covering operations, engineering, commercial and business development.
Video: Sir robert wilson bg group australia ROBERT WILSON - PAINTER
The Committee considers that these provisions assist with recruitment and retention and that their inclusion is therefore in the best interests of shareholders.
Sir. Sir Robert Wilson announced his intention to stand down as chairman of BG Group at the conclusion of the company's Annual General Meeting in May British gas producer BG Group launched a hostile $ billion bid Chairman of BG Group, Sir Robert Wilson, is shown in this undated handout photo.
an Australian company after Cemex, North America's largest cement.
An explanation of the proposed resolutions is set out on pages to of this document.
Pensions in payment are increased in line with retail price inflation. Long-term incentives Estimated Present Value EPV EPV is a measure that describes the value, at the time of grant or allocation, of long-term incentives that may, or may not, pay out in the future. The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible.
BG Group chief Sir Frank Chapman regrets 'unacceptable' doubling of worker accidents Telegraph
For the grant, the Committee set the following performance targets:. Inin recognition of the increasing financial implications of emissions, BG Group successfully implemented a Group-wide environmental emissions database accessible directly by major operated facilities.
Credit exposures are monitored for individual transaction and concentration risk.