If History Is Any Guide, Big Deals Signal Oil Market Bottoming By Timothy Coulter 12:22 PM BRT April 8, 2015 (Bloomberg) Oil companies have a knack for picking the bottom in crude prices, and history may be about to repeat itself. Traders and analysts are speculating that Royal Dutch Shell Plc’s takeover of BG Group... Continue Reading →

Wed Apr 8, 2015 10:54am EDT Shell challenges Exxon dominance with $70 billion bid for BG LONDON | BY DMITRY ZHDANNIKOV AND KAROLIN SCHAPS (Reuters) - RoyalDutch Shell (L) agreed to buy smaller rival BG Group (BG.L) for 47 billion pounds ($70.2 billion) in the first major energy industry merger in more than a decade, closing the gap on market leader... Continue Reading →

Wed Apr 8, 2015 7:29am EDT SBM Offshore denies report of $1.7 billion Brazil settlement AMSTERDAM (Reuters) - SBM Offshore the Dutch oil and gas platform leasing company, denied a media report that it has reached a $1.7 billion settlement with Brazilian authorities over corruption allegations. "Discussions with Brazilian authorities are at an early stage... Continue Reading →

http://www.ft.com/cms/s/0/8e708780-ddc1-11e4-8d14-00144feab7de.html#ixzz3Wj6QShIA April 8, 2015 9:08 am Five questions for Shell over BG Group deal Michael Kavanagh The BG Idku gas hub off Egypt's coast Why is BG particularly attractive to Shell? Although Shell chief executive Ben van Beurden is generally admired for his conservative approach on tackling costs and maintaining dividend flow, the Anglo-Dutch company is also... Continue Reading →

Shell-BG Deal Puts Pressure on Big Oil to Consolidate Again By Javier Blas 8:47 AM BRT April 8, 2015 (Bloomberg) In the words of Royal Dutch Shell Plc’s boss, the fundamental logic behind his decision to buy BG Group Plc “always existed.” What pushed the $70 billion deal over the finish line was that it... Continue Reading →

Shell Gets Bridge Loan From Bank of America for BG Group Deal By Dinesh Nair Katie Linsell 10:05 AM BRT April 8, 2015 Royal Dutch Shell Plc said it agreed a 3.025 billion pound ($4.53 billion) loan from its financial adviser Bank of America Corp. to help fund its purchase of BG Group Plc. Shell... Continue Reading →

Shell in Talks to Buy BG Group By William Wade Aaron Kirchfeld 6:07 PM BRT April 7, 2015 Royal Dutch Shell Plc is in talks to acquire BG Group Plc in what would be the largest energy deal this year, according to a person with knowledge of the matter. The source asked not to be... Continue Reading →