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Centrica

  • British Gas owner Centrica seals £6.2bn US LNG mega deal – that could power five per cent of UK homes

    July 11, 2023

    British Gas owner Centrica has signed a new £6.2bn ($8bn) mega deal with Delta Midstream for 1m tonnes per annum of LNG for 15 years.

  • British Gas owner boosts biggest gas facility storage – and calls for investment changes to ramp it up further

    June 30, 2023

    Centrica has expanded Rough but has called for changes in the investment regime for it to bring the site back to full capacity again.

  • British Gas to stop using third party contractors to fit prepayment meters

    May 4, 2023

    British Gas has announced it will stop using contractors to fit prepayment meters under court warrant - but will still use them.

  • British Gas owner Centrica would STILL have lost Bulb case even without ‘undue delay’, court docs show

    April 3, 2023

    Centrica would have seen its legal challenge over Octopus' deal refused even without the "undue delays," court documents show.

  • Vodafone’s major solar deal with Centrica to boost UK’s green energy industry

    February 21, 2023

    Telecoms giant Vodafone today announced it has signed a 10-year solar power deal with British Gas owner Centrica, which the firms said will significantly ramp up renewable energy production in the UK. The deal, or power purchase agreement, will see the construction of five solar farms across England. The farms, the firms said, will help [...]

  • British Gas owner Centrica posts £3.3bn record profit – more than treble last year’s £948m

    February 16, 2023

    British Gas owner Centrica has unveiled record profits of £3.3bn - powered by soaring energy prices and historic market volatility.

  • Centrica tops up gas storage at Rough site ahead of winter

    November 29, 2022

    The UK has enjoyed a much needed supply boost, after Centrica revealed it has refilled the Rough storage site ahead of winter.

  • Octopus Energy urges Ofgem to enforce hedging to protect the industry

    November 25, 2022

    Octopus Energy has urged the regulator to put more emphasis on hedging to boost the resiliency of domestic suppliers.

  • Ofgem stops short of ringfencing requirements for customer balances

    November 25, 2022

    Ofgem has announced further measures to toughen up energy markets and ensure suppliers are financially resilient.

  • British Gas owner Centrica hands £250m to shareholders as profits surge

    November 10, 2022

    British Gas owner Centrica will hand £250m to shareholders as high wholesale prices put the firm on course for massive profits.

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