Centrica sells two power stations to shift focus to customer oriented businesses
Centrica has sold two of its combined cycle gas turbine power stations as part of its plans to shift its focus towards its customer oriented businesses.
Centrica
Centrica to miss out on big payday from Rough sale
Centrica won’t have much change left after selling all the spare fuel it keeps at a North Sea gas facility it’s decided to close.
Centrica to close UK’s largest gas storage facility
Centrica is to cease operations at its Rough site – which is the UK’s largest gas storage facility.
Centrica, SSE gain as UK election casts doubt on Theresa May’s price cap plan
The UK biggest utilities advanced after Prime Minister Theresa May’s Conservative Party failed to secure a majority in parliament after Thursday’s election, throwing into doubt her plan to cap household energy prices.
Centrica to focus on North Sea after £240m sale of Canadian assets
Energy giant Centrica today announced the sale of its exploration and production (E&P) business in Canada.
Exclusive: Centrica’s £35m North Sea field revival saves 70 jobs
Energy giant Centrica will safeguard 70 offshore jobs by breathing new life into a North Sea oilfield with a £35million investment.
Neptune boss Sam Laidlaw: ‘This is not the end of the story’
The man heading up the newest player in the North Sea said yesterday the firm had only just started on its asset portfolio.
Sam Laidlaw snaps up North Sea assets in multibillion-pound deal
The oil and gas investment company led by former Centrica boss Sam Laidlaw has struck a deal to buy French-owned assets in the North Sea in a deal worth about £3billion.
E.ON brands Tory energy price cap ‘political’
Gas and electricity giant E.ON has criticised Theresa May’s plan for an energy price cap as political point-scoring and said it could threaten crucial investment in energy.
Centrica in price cap warning ahead of general meeting
Centrica today repeated its warning that government intervention in energy prices would reduce competition and lead to heftier bills for consumers.
Amec wins £60m Centrica deal, secures 200 jobs
Amec Foster Wheeler has won a £60million deal with Centrica for its Morecambe Bay onshore and offshore gas production assets.
Cure for Centrica’s Rough malady starts with $122million pill
The prognosis for Centrica Plc’s business of storing natural gas is getting worse.
Centrica recruits 50 in upstream business as it seeks to maintain production
Centrica is looking to recruit 50 people in Aberdeen as looks to build a “sustainable” exploration and production (E&P) business in the North Sea and its wider European operations.
SNS 2017: Industry calls for decommissioning tax relief reforms ahead of Budget
Industry chiefs have reiterated their calls for reforms of the decommissioning tax relief system ahead of next week’s Budget.
SNS 2017: Centrica casts off bureaucracy in hunt for small pools payout
Centrica has said a project by a group of oil and gas companies to unlock small pools in the southern North Sea is progressing at pace.
Centrica puts off submitting plan for Fogelberg discovery
Centrica has confirmed putting off the submission of a field development plan (FDP) for the Fogelberg discovery in the Norwegian Sea until mid-2019.
Centrica boss warns of industry cost rises as oil recovers
Centrica yesterday warned that costs for exploration and production could start rising as oil prices stabilise.
Centrica looks to bolster E&P business with joint ventures
Centrica said yesterday that it was weighing up partnerships and joint ventures to bolster its exploration and production (E&P) business.
Centrica boss warns against Government intervention in energy prices
British Gas owner Centrica has fuelled further controversy over energy prices after reporting another rise in profits, while boss Iain Conn warned against Government intervention in the sector.
Energy price controversy heats up as Centrica profits rise
British Gas owner Centrica has fuelled further controversy over energy prices after reporting another profit rise at its UK supply business.
Centrica posts profit in 2016, lays off 3,400 staff
Energy and services firm Centrica today revealed that it had returned to profit in 2016.
PSA grants consent for Aker BP field tie back
Norwegian safety body the PSA has granted Aker BP consent to connect the Oda field to the Ula field.
Analyst expects Centrica to pull off positive full-year result
Centrica will meet investors' expectations when the energy and services firm puts out its full-year results tomorrow, a market analyst has predicted.
British Gas freezes prices, ScottishPower goes the other way
British Gas is to extend a price freeze for customers on its standard energy tariff until August, while ScottishPower has announced a 7.8% rise in standard gas and electricity bills.
Fury as British Gas price increase plans reported
Energy campaigners have reacted with fury following speculation British Gas is to ramp up the price of bills by 9%, hammering millions of households.