MercoPress. South Atlantic News Agency
Royal Dutch Shell buys BG Group for £47 Billion. Becomes main foreign oil producer in Brazil
Oil and gas company Shell has agreed to buy British rival BG Group for the equivalent of 70 billion dollars, making Europe's largest oil company the pre-eminent player in global natural gas and adding world-class fields in Brazil. The deal may signal a new wave of mega-mergers as the energy industry tries to adapt to lower prices. Read full article
Comments
Disclaimer & comment rulesI thought the companies full name was Royal Dutch Shell, an Anglo-Dutch company. Regardless I doubt they will do much about the fuel poverty in Britain that affects their poorer customers.
Apr 09th, 2015 - 07:07 am - Link - Report abuse 01 Why should they?
Apr 09th, 2015 - 08:39 am - Link - Report abuse 0Are you confusing BGGroup with Centrica British Gas?
If not ....apologies.
2 Englander (#)
Apr 09th, 2015 - 10:34 am - Link - Report abuse 0Yes I was wondering that.
When it de-mereged my British Gas shares transformed into:
BG Group,
Centrica,
and National Grid
Shares
Looks like my BG Group share are heading upwards.
I'm really pleased with the negative news about Brazil published daily in the Western press. Especially as they relate to oil.
Apr 09th, 2015 - 11:35 am - Link - Report abuse 0I see this as a way to separate the wheat from the chaff. I see it as a way to reduce the links with the United States.
The financial, government and business partnerships should be made only with those who want to leverage the physical production of wealth and trust in Brazil. This venture of Shell translates magnanimously what I say.
I believe that the United States is no longer a friend, can not even be a reliable business partner. Speculation is not a useful thing for anyone except for USA achieve its evil desires of continental hegemony.
Welcome to Brazil, Shell! (100 years)
https://www.youtube.com/watch?v=L8f7lalz6fA
I thought it was the same ah well I stand corrected. I see Brasso is still pumping out the racist claptrap again.
Apr 09th, 2015 - 11:57 am - Link - Report abuse 0As PBR continues to unravel there may be some good long term buys with a lot of the Brazilian companies getting into trouble.
Apr 09th, 2015 - 12:06 pm - Link - Report abuse 0This is a good buy for Shell in the long term, they can fire most of the lazy/corrupted Brazilians management team and get the company moving again.
Petrobras is not for sale, as well as Brazil. So you did not know that BG was an English company?
Apr 09th, 2015 - 12:14 pm - Link - Report abuse 0Of course its not for sale, Nobody would touch PBR now. It is tainted and probably going to have to declare bankruptcy as the FRAUD case rolls out in the USA. For gosh sake they can't even get an Auditor to sign off on the financials which means their bonds could be called any day now.
Apr 09th, 2015 - 12:34 pm - Link - Report abuse 0What I said is Shell will wipe out BG exac staff in Brazil and absorb the functions into their current staff. Savings millions.
As there is no balanced justice in the United States, it is quite possible that the compensation handed down are huge, unfair and demeaning.
Apr 09th, 2015 - 12:45 pm - Link - Report abuse 0Well, then we would not pay. Economic sanctions at the UN would be impossible. It remains to economic sanctions from Western countries. Finally we could separate the wheat from the chaff.
Brazil is very entwined in the USA financial system. You couldn't get away with what Argentina is doing for very long. Your largest companies are wholly dependant on the USA.
Apr 09th, 2015 - 12:50 pm - Link - Report abuse 0You may want to dream of Russia or China saving you but it can't happen. Russia is broke and China is starting to falter.
The USA is the only game in town
You might as well get used to it.
Our companies are dependent on the United States? Do you could illustrate which are dependent and why are dependent?
Apr 09th, 2015 - 12:56 pm - Link - Report abuse 0No, I think you can not!
https://ustr.gov/countries-regions/americas/brazil
Apr 09th, 2015 - 01:29 pm - Link - Report abuse 0A lot of your top companies are from the USA, Esso, GM, Ford, Texaco, Cargill...
and your top companies would fail if they lost the USA market, namely Embraer, but they'd probably just leave Brazil if it came down to a choice.
@zathras
Apr 09th, 2015 - 01:34 pm - Link - Report abuse 0I have BG Group shares also. You should investigate how much Argentina owes us shareholders...
I think it is in the region of $185 million and is being fought in SCOTUS.
Guess who reneged on a deal by changing their laws after signing up?
http://www.forbes.com/sites/wlf/2014/03/07/supreme-court-observations-bg-group-plc-v-republic-of-argentina/
hahaha
Apr 09th, 2015 - 01:45 pm - Link - Report abuse 0Embraer has its greatest opportunities in the Chinese and Russian market. But for the sake of loyalty accepts the charges that the United States imposes when it tries to sell aircraft to Venezuela, for example. If this happens sanctions, it automatically will turn back to the USA and return with all its technology to the eastern markets, which already sells 70% of its production aircraft.
Regarding the US companies operating in the Brazilian market. What do you think will happen to them and their very high profits?
There is no doubt that the United States is stronger than Brazil, but the level of debt, the staggering budget deficit and directing their energies to speculation, away production, is making North-America a weak country, dependent and without prospects .
An old lion!
Brasso, You are so woefully uneducated in your assessment it is frightening.
Apr 09th, 2015 - 01:48 pm - Link - Report abuse 0But I think you should pin all of your hopes and dreams on China and Russia.
Do it and let's chat in 5 years.
Sheesh you're a blockhead.
If Brasso truly believes that China has only altruistic motives in its investments in Latin America, then he is beyond misguided. He is in deep doo-doo.
Apr 09th, 2015 - 02:01 pm - Link - Report abuse 0I expect they are laughing hard in Beijing.
I have found lefty USA bashers are often wrong, very very wrong. Look at Stevie and Toby just on this site. Always underestimating and not realizing the USA is the largest market in the world by a mile, we honor our contracts, we are the world's currency, world's bankers with the military to back it all up.
Apr 09th, 2015 - 02:13 pm - Link - Report abuse 0Wait until we get a new Prez.
The growth will knock your socks off.
What makes do you think that I think that China is altruistic?
Apr 09th, 2015 - 02:14 pm - Link - Report abuse 0What part of what I said you did not understand?
Almost all of it.
Apr 09th, 2015 - 02:34 pm - Link - Report abuse 0Especially that you can underestimate North America so much.
Ridiculous!
You sound like a parochial yokel who has never visited the big city.
Are you crazy? Want to see my death? I'm black and the US police kill black people, including children!
Apr 09th, 2015 - 03:05 pm - Link - Report abuse 0And I only have 11 years old. I do not want to be a target for their police.
USA OUT!
Nurse!
Apr 09th, 2015 - 03:09 pm - Link - Report abuse 0He's forgotten his meds!
Methinks Brasso isn't Brazilian at all much like Toby it knows little about the country it claims to spawn from....
Apr 09th, 2015 - 06:13 pm - Link - Report abuse 0Brazil's police killed more than 11,000 civilians between 2008 and 2013; on average, a staggering six people every day. This jaw-dropping number was released today in a Brazilian Public Security Forum (BPSF) report which rounds up statistics illuminating the country's struggles with public safety. To put the figure in context, it took police in the United States 30 years to kill the same number of civilians, despite the fact that there are at least 50 percent more people in the US.
http://www.motherjones.com/mojo/2014/11/brazil-police-brutality-kill-6-people-a-day
British rival BG Group
Apr 09th, 2015 - 06:56 pm - Link - Report abuse 0so what happens to the British,
do we still have big oil companies ,
just a thought
today it was stated that oil has been found near the airport of Gatwick, with more oil that the north sea,
I take it this , if true, would make it bigger than north sea oil, and make Britain money , by a British company,
or do I have it wrong.
When did Brasileiro become black?
Apr 09th, 2015 - 09:33 pm - Link - Report abuse 0If I had the time if find the post where he claimed to be blonde and from German immigrants.
@24
Apr 09th, 2015 - 10:04 pm - Link - Report abuse 0Which Brassa are we talking about? Some days he is incomprehensible and the next he is quite articulate. He has many personas.
Yeah but at least one guy has dropped from the team. And one seems to be dominating with more time to post. Probably can't find a job now they've graduated high school.
Apr 09th, 2015 - 10:11 pm - Link - Report abuse 023. I always chuckle when people say were running out of oil.
Apr 09th, 2015 - 10:18 pm - Link - Report abuse 0We've been running out of oil for 100+ years.
There's so much oil my grandchildren will be long dead before its ever a problem.
20
Apr 10th, 2015 - 12:36 am - Link - Report abuse 0Which Brasileiro are you..?...only the original Brasileiro was of Pomeranian (German) descent...
That would be Eastern European....
24
No need to Skip...I remember everything....
Seems he is also now 11 years old!
Apr 10th, 2015 - 12:46 am - Link - Report abuse 0Which explains most posts.
I turned. Now I am black as Uncle Tom.
Apr 10th, 2015 - 12:58 am - Link - Report abuse 0Any problem?
yeah, there is a problem. A massive problem in Brazil. Of the figures that yankeeboy quoted @22, I think you will find that the majority of those killed by the Police were of a darker skin tone.
Apr 10th, 2015 - 01:15 am - Link - Report abuse 0Racism in Brazil is notorious, and sickening.
You know this to be true.
30
Apr 10th, 2015 - 01:34 am - Link - Report abuse 0“Any problem?”
Yeah...the handlebars on my new mountain bike are too low, because I have to have the seat really high....it's the largest size in the range...
Now if I ride a long distance it makes my shoulders ache....
If I lower the seat it will make my legs ache...
So what should I do...the shoulder ache or the back ache...?
...I've also been having a bit of a problem with Pasta...I always seem to put too much in the pan to boil...when I look at the amount I should put in, it never looks enough...so I add more....
...I'm at my wits end....
No problem.
Apr 10th, 2015 - 02:55 am - Link - Report abuse 0Another person lying to make a point. Quite common on here.
A reflection on Brazil and nothing more.
Brasiliero lies, nothing new about that.
Apr 10th, 2015 - 03:14 am - Link - Report abuse 0Meanwhile, “Royal Dutch Shell buys BG Group for £47 Billion. Becomes main foreign oil producer in Brazil”
and he says the EU/USA are 'not important' in Brazil ...
umm... 'main foreign oil producer in Brazil'...
Do I need to say anymore?
really!?!
Shell is getting in at a very interesting time for the pre-salt.
Apr 10th, 2015 - 03:20 am - Link - Report abuse 0@35
Apr 10th, 2015 - 05:56 am - Link - Report abuse 0Yup, just in time to take advantage of the PetroBras mess...
Good Call!
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