British Gas owner Centrica (LON:CSA) is on track to meet full year expectations despite predicting a loss at its storage business which includes the UK's strategic North Sea gas store, Rough.
Well and reservoir management firm Exceed has secured a contract with Centrica Energy Storage for the redevelopment of the Rough gas storage field.
The UK government will launch a consultation with industry on future gas supply and storage requirements as production from the North Sea declines.
A triumvirate of energy firms have teamed up to advance the rollout of low-carbon hydrogen production and storage in the east of England.
Centrica’s application to reopen the Rough gas storage facility was welcomed by energy observers, but some have raised questions over the site’s safety and effectiveness.
Valaris has announced a clutch of contract awards, including decommissioning work with Centrica in the UK.
The GMB union has said that a national hydrogen programme could provide jobs for 100,000 people, as Keir Starmer visits the shuttered Rough storage facility in Yorkshire.
Twelve leading companies and organisations across the Humber have jointly submitted a bid worth around £75 million to accelerate decarbonisation in the UK’s most carbon intensive industrial region.