• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Oil and Gas Market
    Oil and Gas News
    Oil and Gas Stocks
    • Oil and Gas Market
    • Oil and Gas News
    • Oil and Gas Stocks
    market news

    ACCC Concerned about Shell's Proposed Takeover of BG Group

    Kristen Moran
    Sep. 17, 2015 10:52AM PST
    Oil and Gas Investing

    Mining Weekly reported that The Australian Competition and Consumer Commission (ACCC) is concerned about the proposed acquisition of BG Group (LSE:BG) by Royal Dutch Shell (NYSE:RDS.A,LSE:RDSA).

    Mining Weekly reported that The Australian Competition and Consumer Commission (ACCC) is concerned about the proposed acquisition of BG Group (LSE:BG) by Royal Dutch Shell (NYSE:RDS.A,LSE:RDSA).
    As quoted in the market news:

    Earlier this year, Shell launched a $70-billion takeover for liquefied natural gas (LNG) producer BG. The companies’ combined deep-water and integrated gas businesses could potentially each generate between $15-billion and $20-billion in yearly cash flow, while upstream and downstream engines could potentially further generate a combined $15-billion to $20-billion in yearly cash flow.
    Shell currently has a 50% interest in Queensland coal-seam gas producer Arrow Energy, whose gas reserves constitute the largest uncontracted gas reserves in eastern Australia, and that were not aligned with an LNG project.
    The ACCC said in a statement this week that it was concerned that by aligning Shell’s interest in Arrow Energy with BG’s LNG facilities in Queensland, the proposed acquisition could change Shell’s incentives in such a way that it would prioritise supply to BG’s LNG facilities over competing gas users.

    Click here to read the full Mining Weekly report.

    nyse:rds.amarket newsaustraliagas reservesqueenslandliquefied natural gas
    The Conversation (0)

    Go Deeper

    AI Powered
    Oil rig with stock charts overlayed.

    5 Biggest ASX Oil and Gas Stocks of 2025

    Wooden M&A blocks on a keyboard background.

    Rock-Solid Deals: Exploring Australia's Latest Mining M&A

    Latest News

    Angkor Resources Advances Analysis of Andong Bor Drill Core

    Coelacanth Announces Q3 2025 Financial and Operating Results

    VVC - Strategic Exit of Gloria Copper Project in Mexico

    Record Gas Production Milestone Achieved

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES