Bg Profits Climb to Pounds 2.3 Billion As Gas Prices Surge

Summary


SOARING gas prices, which have seen household energy prices nearly double over the past three years, continue to drive a profits boom at BG, Britain's third largest explorer and producer after BP and Shell.

The group, an offshoot of the formerly state-owned British Gas, said operating profits in the first nine months of this year leapt 53% to Pounds 2.3 billion as the group took advantage of high oil and gas prices and increased production.

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Bg Profits Climb to Pounds 2.3 Billion As Gas Prices Surge

The boom is set ...

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