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.
The man heading up the newest player in the North Sea said yesterday the firm had only just started on its asset portfolio.
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.
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 today repeated its warning that government intervention in energy prices would reduce competition and lead to heftier bills for consumers.
Amec Foster Wheeler has won a £60million deal with Centrica for its Morecambe Bay onshore and offshore gas production assets.
The prognosis for Centrica Plc’s business of storing natural gas is getting worse.
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.
Industry chiefs have reiterated their calls for reforms of the decommissioning tax relief system ahead of next week’s Budget.
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 has confirmed putting off the submission of a field development plan (FDP) for the Fogelberg discovery in the Norwegian Sea until mid-2019.
Centrica yesterday warned that costs for exploration and production could start rising as oil prices stabilise.
Centrica said yesterday that it was weighing up partnerships and joint ventures to bolster its exploration and production (E&P) business.
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.
British Gas owner Centrica has fuelled further controversy over energy prices after reporting another profit rise at its UK supply business.
Energy and services firm Centrica today revealed that it had returned to profit in 2016.
Norwegian safety body the PSA has granted Aker BP consent to connect the Oda field to the Ula field.
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 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.
Energy campaigners have reacted with fury following speculation British Gas is to ramp up the price of bills by 9%, hammering millions of households.
Centrica’s sale of its 50% interest in a wind farm off the coast of Lincolnshire was “credit positive”, according to Moody's.
Centrica has disposed of a 50% stake in the Lincs offshore windfarm.
Centrica has cut 90 jobs from across its European operations.
Cluff Natural Resources (CNR) has announced the appointment of Mark Lappin as non-executive director.
Centrica's job cuts total 3,000 positions, the energy firm today confirmed.
Subsea 7 has won a North Sea deal with Centrica.