Royal Dutch Shell & BG Group $70 Billiion Purchase Deal - LNG

BLOOMBERG ARTICLE http://www.bloomberg.com/news/articles/2015-04-08/shell-will-buy-bg-group-for-70-billion-in-cash-and-shares Royal Dutch Shell Plc Europe’s largest oil co to buy BG Group Plc for abt $70-b making it foremost player in global natural gas Shell deal pushing further into producing, shipping & selling gas view to #China & emerging economies switch from coal + oil {Ben van Beurden = CEO Shell} Shell to increase oil + natural gas reserves by 28% Pioneer of LNG for shipment aboard tankers Shell & rivals anticipate LNG to play increasing role in emerging economies / alternative to dirtier energy sources, eg. coal deal: = share in Brazil’s largest deepwater fields = consolidation Australia gas =  +participation in US emergence LNG exp. Shell / BG deal = new co will be world’s biggest internationl LNG co = TWICE as big as its closest rival Exxon Shell / BG deal requires antitrust {competition law} approvals from regulatory agencies in #Australia, #China, #Brazil + #EU Helge Lund, BG fmr Norway state oil / Statoil ASA = highest paid oil executive in #EU if deal goes down: gets $43-m for 1yr Lund = business management at Norwegian School of Economics = MBA from the INSEAD bus. school France http://en.wikipedia.org/wiki/Helge_Lund As BG Group CEO = basic salary £1.5 million = + bonuses TOTAL est.  £14 million salary per annum http://www.bloomberg.com/news/articles/2015-04-08/shell-will-buy-bg-group-for-70-billion-in-cash-and-shares COMMENT I've no idea how big Exxon is, but this deal will make Shell a monster at TWICE the size of Exxon (which is probably a huge monster itself). Check out that guy's salary, if the deal goes ahead.  That's unbelievable.  LOL