BG profits rise sharply

British energy giant BG Group today said higher commodity prices lifted profits by 92% to £1.4bn (€1.7bn) in the second quarter of its financial year.

BG also credited a 2% rise in production volumes, although this figure was impacted by one-off outages in the UK, caused by maintenance work at the Armada field and the Ineos industrial dispute at the Grangemouth refinery.