Britain's BG bids $12 bln for Australia's Origin (Reuters)

Reuters - British gas producer BG Group Plc has made a $12.1 billion bid approach to Australian utility and emerging gas player, Origin Energy Ltd , seeking to bolster its position in the Pacific gas market.

Cottee QGC's boss for six more years

QGC managing director Richard Cottee will remain boss for a further six years to oversee the completion of a proposed liquefied natural gas (LNG) development.

Santos CEO John Ellice-Flint steps down

Oil and gas explorer Santos Ltd says the resignation of its chief executive has been thought out and planned to coincide with the company's next growth phase.

Santos revenue up with lower production

Oil and gas producer Santos has reported a lift in revenue despite a drop in half year production due to the suspension of gas processing on Varanus Island.

Oil Search to divest Middle East assets

Oil Search plans to sell a number of its Middle Eastern assets as it focuses on the development of its Papua New Guinea liquefied natural gas project.

Petronas approved for Santos LNG

Malaysia's national oil company, Petronas, has secured Foreign Investment Review Board approval for its $2.5 billion investment in LNG project with Santos.