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    <title>Business Recorder - Markets - Energy</title>
    <link>https://www.brecorder.com/</link>
    <description>Business Recorder</description>
    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Fri, 14 Aug 2026 04:44:53 +0500</pubDate>
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      <title>British energy group BG says profits firm in 2010</title>
      <link>https://www.brecorder.com/news/2233/british-energy-group-bg-says-profits-firm-in-2010</link>
      <description>&lt;p class="MsoPlainText"&gt;&lt;img style="margin-right: 10px; margin-bottom: 10px; float: left;" src="https://i.brecorder.com/images/stories/bg_logo_400.jpg" width="400" height="222" /&gt;LONDON: British energy producer BG Group said Tuesday that net profits edged higher in 2010, helped by rising revenues and higher commodity prices.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;Earnings after taxation rose nearly one percent to $3.35 billion (2.46 billion euros) last year, compared with $3.32 billion in 2009, BG Group said in a results statement.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;Revenues swelled by 11 percent to $17.36 billion, while total production edged up to 646,000 barrels of oil equivalent per day.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;In the fourth quarter, or three months to December, net profits jumped almost 25 percent to $940 million, compared with the same part of the previous year.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;BG said that its results were "primarily reflecting the impact of higher commodity prices".&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;Production rose slightly, as growth in the United States, Tunisia and Australia was partly offset by lower output in Britain, Egypt and India and planned maintenance activity, particularly in Kazakhstan.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;The London-based company added that it has made "excellent progress on major projects in Australia, Brazil and the USA."&lt;/p&gt;
&lt;p&gt;&lt;center&gt;&lt;b&gt;&lt;i&gt;Copyright AFP (Agence France-Presse), 2011&lt;/i&gt;&lt;/b&gt;&lt;i&gt;&lt;/i&gt;&lt;/center&gt;&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p class="MsoPlainText"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" src="https://i.brecorder.com/images/stories/bg_logo_400.jpg" width="400" height="222" />LONDON: British energy producer BG Group said Tuesday that net profits edged higher in 2010, helped by rising revenues and higher commodity prices.</p>
<p class="MsoPlainText">Earnings after taxation rose nearly one percent to $3.35 billion (2.46 billion euros) last year, compared with $3.32 billion in 2009, BG Group said in a results statement.</p>
<p class="MsoPlainText">Revenues swelled by 11 percent to $17.36 billion, while total production edged up to 646,000 barrels of oil equivalent per day.</p>
<p class="MsoPlainText">In the fourth quarter, or three months to December, net profits jumped almost 25 percent to $940 million, compared with the same part of the previous year.</p>
<p class="MsoPlainText">BG said that its results were "primarily reflecting the impact of higher commodity prices".</p>
<p class="MsoPlainText">Production rose slightly, as growth in the United States, Tunisia and Australia was partly offset by lower output in Britain, Egypt and India and planned maintenance activity, particularly in Kazakhstan.</p>
<p class="MsoPlainText">The London-based company added that it has made "excellent progress on major projects in Australia, Brazil and the USA."</p>
<p><center><b><i>Copyright AFP (Agence France-Presse), 2011</i></b><i></i></center></p>
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      <category>Markets</category>
      <guid>https://www.brecorder.com/news/2233</guid>
      <pubDate>Tue, 08 Feb 2011 08:46:50 +0500</pubDate>
      <author>none@none.com (Syed Murtaza Gheblehzadeh)</author>
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