BG Group

BG Group plc

Former type	Public limited company
Industry	Oil and gas
Fate	Acquired by Royal Dutch Shell
Founded	1997 (Demerger of Centrica) 2000 (Demerger of Lattice Group from BG Group)
Defunct	15 February 2016
Headquarters	Reading, United Kingdom
Products	Crude oil, natural gas, petrochemicals
Revenue	US$19.289 billion (2014)
Operating income	US$6.155 billion (2014)
Net income	US$(1.044) billion (2014)
Number of employees	5,200 (2015)
Website	www.bg-group.com

BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement. The sale was completed on 15 February 2016. Prior to the takeover, BG Group was listed on the (BG.L) and was a constituent of the FTSE 100 Index.

Prior to its acquisition by Shell, BG Group had operations in 25 countries across Africa, Asia, Australasia, Europe, North America and South America and produced around 680,000 barrels of oil equivalent per day. It had a major Liquefied Natural Gas (LNG) business and was the largest supplier of LNG to the United States. As at 31 December 2009 it had total proven commercial reserves of 2.6 billion barrels (410,000,000 m³) of oil equivalent.

The company was created in 1997 when British Gas plc divested Centrica and became BG plc, which was reorganised in 1999 as BG Group plc.

On 23 October 2000, a further demerger separated the company into Lattice Group and BG Group. Lattice took ownership of Transco (the gas transporter for the UK), Advantica (gas engineering and consultancy specialist) along with the property and transport companies and BG Group took ownership of gas fields and other assets. In 2002, Lattice merged with National Grid Company to become National Grid Transco which was renamed National Grid in 2005.

In September 2007, BG Group delisted its ADRs from the . Instead its shares began trading on the US over-the-counter market.