Bosses at BG Group have decided to give up their bonuses on the back of a sharp decline in the stock late last year, reports The Times. According to the firm's annual report, John Hood, Chairman of the remuneration committee, said that it would be inappropriate to give extra payouts due to the share price fall and BG's expected production growth in 2013.
Royal Dutch Shell to sell last remaining Australian oil refinery
Date: Thursday 04 Apr 2013
Royal Dutch Shell has put its last remaining Australian oil refinery up for sale as part of move to reshape local operations in the face of growing competition from Asia.
FTSE 100 movers: Tullow Oil rises on strong set of results
Date: Wednesday 13 Feb 2013
Oil and gas group Tullow rose strongly today after posting a four per cent rise in annual pre-tax profits on the back for strong sales and output. Pre-tax profits in 2012 totalled 1.11bn dollars, ahead of analysts' expectations.