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BG outflanked by £4.5bn Origin tie-up with Conoco

08-Sep-2008
Story Timeline:  86 days

By Roland Gribben BG Group is facing defeat in its bid for Origin Energy after the Australian group countered with an A$9.6bn (£4.5bn) tie-up with ConocoPhillips, the US oil major, for its 'jewel-in-the-crown' business. Origin is hiving off its substantial coal bed methane assets into a joint venture with Conoco to develop a liquefied natural gas (LNG) business that transforms the group's financial prospects at... [read full story]                    

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Latest article on this story:

BG Ends Pursuit of Origin Energy

wsj.com 09-Sep-2008
First article on this story:

ConocoPhillips buys into Origin assets

news.com.au 07-Sep-2008
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