FTSE 100 close: British Gas owner propels to top of London index after record profit July 27, 2023 London’s FTSE 100 bumped higher today after a manic morning of company earnings gave a lift to market sentiment. The capital’s premier index added 0.21 per cent to reach 7,692.77 points, while the domestically-focused mid-cap FTSE 250, which is more aligned with the health of the UK economy, climbed 0.45 per cent to 19,273.37 points. [...]
British Gas rakes in almost £1bn as Centrica unveils near ten-fold earnings increase July 27, 2023 British Gas has posted record profits, fuelled by Ofgem's lucrative allowances in the energy price cap, totalling nearly a billion pounds.
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.