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‘+’ BG Group, which aroused the interest Shell to acquire it produces 606,000 barrels of oil a day; the company was affected by lower prices of raw materials. ‘+’
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MEXICO CITY (CNNExpansión) – BG Group, the company that will be acquired by Royal Dutch Shell, is among the 15 largest companies listed on the London Stock Exchange.
BG Group was created in 1997 in the UK when British Gas plc Centrica fell off and became BG plc. Two years later it was reorganized as BG Group and is considered the European rival Shell.
The UK has resources for 18,000 million barrels of oil and 5,200 employees, according to its website.
In 2014, its profits fell 8% to 4.035 million dollars, according to its latest earnings release.
The -at company like Shell, has been affected by the sharp decline in oil prices since the second half of 2014, but expects its projects in Brazil and Australia increase their production.
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