From Shell and BG to Baker Hughes’ multiple suitors, 2016 saw a major shake-up in sector’s players line-up. Find out who decided to combine their lots and who ditched the talk in the gallery below. Click “Read Article” to see the report in full. 2016 Mergers
Energy Voice has looked through its archives to bring you some of the best stories from this year.
Royal Dutch Shell Plc’s biggest takeover, the subject of intense investor scrutiny during crude’s collapse, is starting to pay off as Europe’s largest oil company chalks up its highest profit in five quarters.
Former BG boss and Statoil chief executive Helge Lund has joined private equity company Clayton, Dubilier and Rice (CD&R) as an operating adviser.
Oil major Shell has cut 225 positions from its operations in Norway following its takeover of BG Group.
The former boss of Statoil and BG Group has injected cash into a new company with compensation from when he stepped down from his latest role.
Shell chief executive Ben Van Beurden spelled out his main goal last week - surpass Exxon Mobil to become the best-performing oil major.
Royal Dutch Shell has unveiled steeper cost-cutting measures for the business after the recent deal to acquire BG saw debt levels rise to 26% of the global oil giant’s total capital.
Oil major Shell said it has begun discussions with staff in Australia about job losses as part of plans to cut 10,000 roles globally.
Oil giant Shell is expected to tell staff in Aberdeen today that its North Sea headquarters will be based at Tullos in the wake of its takeover of rival BG Group.
An oil worker has been airlifted to hospital after becoming ill on a North Sea platform.
Ben Van Beurden staked his reputation on Royal Dutch Shell Plc’s $53 billion acquisition of BG Group Plc as crude slumped. Analysts are rewarding the chief executive officer by putting the enlarged company in pole position to exploit a market upturn.
Royal Dutch Shell has hailed its 52.6 billion US dollar (£36.4 billion) takeover of BG Group as a step towards becoming a “simpler, leaner, more competitive company”. The mega-deal - creating the biggest trader of liquefied natural gas - came into force on Monday after shareholders waved through the tie-up at the end of January.
BG Group Plc, pioneer of natural-gas shipping, will trade on stock exchanges for the last time on Friday, 19 years after it was created.
Shell today confirmed it had cancelled its £10,070,000,000 bridge credit facility.
The industry is in the crux of its own renaissance as it grapples with job losses, low oil price and lagging efficiency, according to Shell’s project & technology director.
London’s FTSE 100 Index struggled for direction, as oil and gas exploration firm BG Group announced it had steered the business back into the black.
Royal Dutch Shell Plc is under pressure to reward the faith of the more than 80 percent of shareholders who shrugged off the risks from slumping oil prices to back its record acquisition of BG Group Plc.
Shell's shareholders today approved its takeover of BG.
The biggest oil and gas deal in a decade is expected to get the nod of approval from shareholders this week.
Norway's $790billion sovereign wealth fund will vote in favour of a merger of energy companies Shell and BG.
Shell's shares dropped 4% after the update amid wider falls on the London market as the oil price slump continues to hit stocks.
BG Group Plc, which agreed to be acquired by Royal Dutch Shell Plc last April, expects to report full-year profit of at least $2.3 billion after crude oil prices extended their decline.
Shell boss Ben van Beurden is optimistic that shareholders will overwhelmingly back its mega-merger with rival BG Group as investors mull the final case put out by both oil giants later this week.
Top Shell executive Huibert Vigeveno is set to become the transitional chief executive of BG Group after the expected completion of the £34billion “mega-merger” of the two oil giants next month