Exclusive: Spirit Energy launches, targets further consolidation
A new entrant to the North Sea makes its bow today.
Centrica
CHC to provide copters for Centrica in Norway
Centrica has picked CHC as its helicopter service provider for a drilling campaign in the Norwegian Sea.
Copter returns to service following claims door ‘opened’ during flight
A helicopter has been given a clean bill of health following claims that one of its doors opened mid-flight.
How much trouble is Centrica in?
As Centrica released its trading update yesterday it revealed the loss of almost a million British Gas customers.
Centrica in worst slump for 20 years on full-year profit warning
Centrica plunged the most in 20 years as earnings are expected to fall below market consensus after a disappointing performance by its energy supply business.
Worst year for Centrica leaves investors unimpressed on strategy
Centrica is headed for its worst year as investor skepticism over the utility’s strategy and the political turmoil plaguing U.K. energy suppliers shows no sign of ending.
Updated: Centrica gets rid of standard tariff for new customers
British Gas owner Centrica is scrapping standard gas and electricity tariffs (SVT) for new customers ahead of Government plans to impose a price cap on the costly energy products.
Renewables Consulting Group adds Simon Redfern as director
The London-based company, Renewables Consulting Group (RGC), add depth to operation with the acquisition of Simon Redfrern.
New oil and gas operator to be launched as Spirit Energy
The new oil and gas operator to be formed in a joint venture between Bayerngas Norge and Centrica’s exploration and production (E&P) business will be called Spirit Energy.
Gazprom knocks ExxonMobil off top spot in S&P’s annual rankings
Russian oil giant Gazprom has replaced ExxonMobil at the summit of S&P Global Platts’ top 250 global energy company rankings.
Plexus to supply wellhead technology to Centrica’s Chiswick platform
Plexus Holdings has clinched a deal to supply Centrica with oilfield well equipment for a southern North Sea project.
Centrica gets warning after gas leak on Morecambe Bay complex
The Health and Safety Executive (HSE) has dished out an improvement notice to Centrica following a “significant” leak at the Morecambe Bay complex in the Irish Sea.
ConocoPhillips, Centrica to decommission five North Sea platforms
ConocoPhillips and Centrica have submitted plans for decommissioning a raft of southern North Sea platforms to the UK Government.
Babcock to help Centrica prepare for Rough platforms decommissioning
Centrica has enlisted Babcock International to help it plan the decommissioning of the Rough 47/8A platforms and infrastructure in the southern North Sea.
Europeans abandoning utility companies in droves
Home energy use is finally exciting to people. Unfortunately for the traditional utilities, it’s not because of them.
British Gas hits 3.1million customers with price hike
British Gas has announced it is to hike its electricity tariffs by 12.5% in September in a move affecting 3.1 million customers.
Centrica to raise electricity prices by 12.5%
Centrica this morning confirmed it would raise the price of electricity on the British Gas standard tariff by 12.5%.
Centrica reduces decommissioning liabilities with Bayerngas merger
Centrica will combine its oil business with Bayerngas Norge to create a joint venture (JV) in a move which will freshen up its North Sea portfolio and dilute its decommissioning liabilities.
Centrica, Bayerngas link-up paves way for more M&A activity, analyst says
The joint venture created by Centrica E&P’s link-up with Bayerngas Norge could open the door to further M&A activity, an industry analyst has said.
Centrica agrees to combine oil wing with Bayerngas Norge
Centrica said today that it had signed an agreement to combine its oil and gas business with Bayerngas Norge.
British Gas faces investigation into supplier switch terms
Ofgem has opened an investigation into British Gas following concerns raised about its terms for customers who switch to another supplier.
Centrica to decomission historic North Sea gas fields
One of the North Sea’s oldest discoveries will be decommissioned as part of a multimillion-pound project.
Gazprom smells opportunity as UK’s biggest gas store shuts
Gazprom PJSC is in talks to ramp up natural gas sales in the UK as coal plants are shuttered and the nation’s biggest storage site is closed for good.
UK set up for global gas fight as giant storage site shuts
Already buffeted by political chaos at home and abroad, the U.K. gas market must now operate without its biggest stabilizing force: the giant Rough gas storage facility under the North Sea.
Trade union concerned over decision to close Rough gas storage site
The trade union for energy workers has expressed concern over Centrica’s decision to close the UK’s largest gas storage plant.