Sector View

Sector view: Medium term key for oil groups

By Rory Gallivan

Date: Tuesday 09 Feb 2010

At the end of last week BG Group joined its larger peer Shell in reporting a sharp fall in profits in the fourth quarter.

Earnings for the period fell to £456m from £756m over the same period the previous year as revenue dropped to £2.702bn from £2.989bn.

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