The UK’s grid operator asked three reserve coal units to be ready to supply power and consumers to curb demand on Tuesday, as it tries for a second consecutive day to plug the gap left by a dearth of wind generation.
Centrica (LON: CNA) has announced the appointment of its new chief financial officer, alongside a trading update suggesting earnings will exceed the top end of analyst estimates.
Westminster’s efforts to bolster energy security and guarantee supplies ahead of winter have been given a big shot in the arm.
Wood (LON: WG) has been picked to carry out project management work on the UK’s biggest - and recently reopened - gas storage site.
Having resumed dividend payments earlier this year, Centrica (LON:CNA) will now launch a sizable shareholder buyback programme on the back of continued robust results.
Centrica (LON:CNA) and Equinor have signed a co-operation agreement to explore the development of a hydrogen production hub at Easington in East Yorkshire.
Centrica (LON:CNA) has confirmed the reopening of the Rough gas storage facility, boosting the UK’s storage capacity by half ahead of an uncertain winter.
Centrica Business Solutions is ready to start injecting hydrogen into its existing gas-peaking plant at Brigg, Lincolnshire as part of a UK first trial with HiiROC.
Renewable energy generators have hit out at a new UK Government bill which they said would impose a “windfall tax” on the sector and “skew investment towards fossil fuels”.
With gas prices now more than five times the cost of a barrel of North Sea benchmark Brent Blend, the outlook for energy across Europe including the UK, is shocking.
It’s a couple of months since I suggested the energy crisis would be as big as Covid and thereby demand the same scale of response. It wasn’t a very fashionable thought but perceptions have moved rapidly – everywhere, except where it matters most, in government.
Centrica (LON: CNA) has been given the go-ahead by the industry regulator to reopen the Rough gas storage site off the coast of England.
Centrica’s application to reopen the Rough gas storage facility was welcomed by energy observers, but some have raised questions over the site’s safety and effectiveness.
As the energy price cap surges, a leading petroeconomist has painted a gloomy picture as the UK faces up to the prospect of winter without adequate energy supplies.
Energy group Centrica said it will donate 10% of the profits made by its British Gas retail arm to vulnerable customers, though only a fraction of bill payers are likely to benefit.
Conservative party leadership candidate, Liz Truss, is facing questions on her involvement in the closure of the Rough gas storage facility off the coast of East Yorkshire.
North Sea operator Spirit Energy has launched a consultation on redundancies in Aberdeen.
Nicola Sturgeon is to convene a summit between energy supply companies and consumer groups later in August to discuss what support can be offered to those struggling to pay soaring bills.
Centrica is aiming to start filling up the Rough gas storage facility in "little more than a fortnight".
Centrica has signed up to purchase LNG from a new US supplier, working on an ambitious offshore project, in a move backed by Secretary of State for Business and Energy Secretary Kwasi Kwarteng.
Centrica resumed dividend payments for the first time since the start of the pandemic as profits from selling oil and natural gas rose six-fold.
The UK’s biggest natural gas storage site has taken a step closer to reopening after the authority that governs the North Sea gave an initial go-ahead.
Shares in UK utilities climbed after the government said it wouldn’t extend a windfall tax to power generators.
The UK plans to announce in the coming days whether it will extend a windfall tax to electricity generators -- a difficult task as the government tries to help consumers struggling with inflation while also supporting renewable energy.
Equinor and Centrica have signed an agreement which will see the Norwegian company deliver an additional 1 billion cubic metres (bcm) of gas supplies to the UK in time for this winter.