Utility shares rise as UK spares firms from windfall tax
Shares in UK utilities climbed after the government said it wouldn’t extend a windfall tax to power generators.
Centrica
UK to set out plans next week on electricity generator windfall tax
The UK plans to announce in the coming days whether it will extend a windfall tax to electricity generators -- a difficult task as the government tries to help consumers struggling with inflation while also supporting renewable energy.
Equinor signs winter gas supply deal with Centrica for 4.5 million UK homes
Equinor and Centrica have signed an agreement which will see the Norwegian company deliver an additional 1 billion cubic metres (bcm) of gas supplies to the UK in time for this winter.
Rough: Centrica applies to reopen UK’s largest gas storage facility
Centrica has submitted an application to reopen Rough, Britain’s largest gas storage facility, as the country seeks solutions to a harsh winter ahead.
Centrica ‘will not challenge windfall tax’
British Gas owner Centrica will not launch a legal bid to challenge the Government's new windfall tax, its chairman said on Tuesday.
Centrica completes sale of Spirit’s Norwegian assets
Centrica has concluded the sale of the majority of Spirit Energy’s Norwegian assets to Sval Energi, and its interests in the Statfjord field to Equinor, as it focuses on UK gas production and energy transition projects.
Rough: Britain’s largest gas storage site to reopen ‘within months’
Rough, the UK’s largest gas storage site which controversially closed in 2017, is to “reopen within months” according to a report.
Millions face fuel poverty, energy bosses warn
As many as four in 10 people in Britain could fall into fuel poverty in October, energy bosses warned, as they called for more support from the Treasury for vulnerable households.
Firm seeks to sell North Sea discoveries ‘left behind’ by ConocoPhillips
An outfit of North Sea experts is seeking to sell off discoveries which it says ConocoPhillips should “never have relinquished”.
Centrica acquires Aberdeen battery storage project
Utilities firm Centrica has acquired an Aberdeen battery storage project that could “unlock wind energy potential” in the North Sea.
Centrica to exit Russian gas supply deals
Energy group Centrica has said it will exit its gas supply deals with Russian firms, including state-owned major Gazprom.
Centrica profits double on commodity prices and Direct Energy sale
Spirit Energy owner Centrica has announced bumper 2021 profits on the back of soaring energy prices, and the offloading of several upstream assets.
Equinor enters UK hydrogen project into cluster contest, signs deals with Ineos, Centrica and others
Equinor has formally entered its flagship hydrogen project into the second phase of a key UK Government funding competition.
Amber Rudd joining board of Scottish Gas owner Centrica
Former energy minister and home secretary Amber Rudd is joining the board of Scottish Gas owner Centrica.
We don’t want a bailout says boss behind British Gas
The boss of the UK’s biggest energy supplier has said it does not want a bailout from the Government as households prepare for a 50% spike in their bills.
Centrica continues hunt for North Sea exit after Spirit Energy Norway sale
British Gas owner Centrica has said it will continue its strategy to exit the UK North Sea after announcing a deal to sell Spirit Energy Norway for £800million.
Shell, Centrica and others strike deal to buy green power from giant Dogger Bank C wind farm
Shell, Centrica and others have struck deals to buy green energy from a planned North Sea wind farm.
UK energy firms seek bailout as government talks run on
UK energy companies are seeking a massive government bailout as a surge in gas and electricity prices threatens to push suppliers out of business.
Spirit Energy owners to put Norwegian business up for sale
The owners of Spirit Energy will put the exploration and production company’s Norwegian business up for sale separately.
Covid sees 16 workers removed from Centrica Rough North Sea platform
Centrica has removed 16 workers from its Rough platform in the North Sea following a positive Covid case.
Sadness at sudden death of oil industry entrepreneur Bruce Dingwall
Tributes have been paid to Bruce Dingwall, a North Sea leading light who died suddenly yesterday, aged 61.
Centrica ‘simplifying’ Spirit Energy sales process
Utilities firm Centrica said today that it was simplifying the sales process for its upstream exploration and production (E&P) business, Spirit Energy.
Centrica in talks with UK to develop hydrogen storage at Rough
Centrica is in talks with the UK government about plans to convert its disused Rough natural gas storage site off the coast of northeast England to store hydrogen.
Centrica restates intention to offload Spirit Energy
Utilities firm Centrica confirmed today that its "intention remains" to sell its 69% shareholding in exploration from production firm Spirit Energy.
Centrica CEO was sent ‘package of excrement’ in British Gas row
Chris O'Shea, the CEO of British Gas owner Centrica, has said his family was sent a package of excrement amid a bitter engineers' dispute.