UK/IRELAND

BG rethinks LNG strategy

BG GROUP, which could be acquired by Shell in early 2016, posted a 65% fall in June quarter profit due to the oil downturn with LNG revenues significantly affected as Queensland Curtis LNG ramps up.

Total earnings in the recent quarter were $US429 million - well down from the $1.21 billion clocked up in corresponding period of last year. Group wide production levels were up 19% year-on-year to...

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