BG Group PLC reported a fourth-quarter loss of $1.08 billion as it wrote down its U.S. shale-gas business and assets in Egypt. Despite the loss, the oil-and-gas company predicted it still would meet a target to be cash-flow positive next year. Production in Brazil is ramping up, capital expenditures are expected to decline and the first exports of liquefied natural gas from the Queensland Curtis project in Australia are expected for this year’s fourth quarter, the U.K.-based company said Tuesday. “Clearly we also have to address the near-term challenges we face in Egypt and deliver our plans consistently and effectively,” Chief Executive Chris Finalyson said. The U.K.’s third-largest natural-gas producer warned last week that profit would be lower in the past quarter as instability in Egypt hit production and exports. BG also cautioned that low natural-gas prices in the U.S. made production from shale assets in the country […]