Shell Plc (SHEL)

[Timothy Smith]

@Our growth assets in Brazil and Australia continued to ramp up, with production in each more than doubling year-on-year. We also started up the Knarr FPSO in Norway, however we produced fewer barrels in the UK than expected due to shut-ins.

"Our LNG business performed strongly. We delivered more cargoes and in our North American gas marketing business we demonstrated our ability to move swiftly to capture the benefits of the rise in US gas prices due to cold weather."

Mr Lund said BG Group would continue to operate independently until completion of the deal, which is expected in 2016.

http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/11591382/BG-Group-reports-fall-in-profits-as-oil-price-drop-bites.html