BG Group PLC (LSE: BG.) is an integrated oil and gas company which has its headquarters in Reading, Berkshire, England. The Company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
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. Latt...
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BG Group PLC (LSE: BG.) is an integrated oil and gas company which has its headquarters in Reading, Berkshire, England. The Company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
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 New York Stock Exchange after expressing concerns over the tougher rules and high costs associated with the Sarbanes-Oxley Act. Instead its...
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