Spirit Energy’s production levels have been “slightly below expectations” so far this year, one of its co-owners said.
British Gas owner Centrica lost more than 100,000 accounts in the first four months of the year as increased competition continues to see customers desert bigger energy firms.
Centrica chairman Rick Haythornthwaite has today announced his intention to step down from his post within the next 12 months.
Centrica is trialling new technology which could “revolutionise” the way people buy and sell energy.
National Grid has issued a deficit warning over UK gas supplies in the face of the freezing conditions. Here are answers to some key questions.
City analyst John Musk said there were “very few negatives” in Centrica’s results.
Centrica’s storage business said today that it expects to produce more than 50billion cubic feet (bcf) of gas from the Rough field this year.
Centrica said today that it was prepared to drop its stake in Spirit Energy to below 50% if the “right value-creating opportunity” comes along.
Thousands of UK jobs are at risk as British Gas owner Centrica looks to axe a further 4,000 roles under a ramped-up efficiency programme following a 17% drop in annual profits.
As Centrica Plc prepares to unveil figures for a year when its share price fell by a record, investors and analysts are divided over whether the British utility will cut its dividend.
Spirit Energy has arrived at the ball and is looking for someone new to hook up with.
Spirit Energy expects to bring another 50billion cubic feet of gas on stream at one of its North Sea fields after sanctioning a £75million investment in a new well.
Planning applications have been submitted to Kilkenny County Council in Ireland for a new 100MW battery system from Centrica.
About 70 North Sea jobs have been safeguarded by a £35million investment in an oil field whose days looked numbered as recently as one year ago.
British Gas owner Centrica has admitted it has not done enough to contact its customers on rip-off tariffs and encourage them to switch to cheaper deals.
A new entrant to the North Sea makes its bow today.
Centrica has picked CHC as its helicopter service provider for a drilling campaign in the Norwegian Sea.
A helicopter has been given a clean bill of health following claims that one of its doors opened mid-flight.
As Centrica released its trading update yesterday it revealed the loss of almost a million British Gas customers.
Centrica plunged the most in 20 years as earnings are expected to fall below market consensus after a disappointing performance by its energy supply business.
Centrica is headed for its worst year as investor skepticism over the utility’s strategy and the political turmoil plaguing U.K. energy suppliers shows no sign of ending.
British Gas owner Centrica is scrapping standard gas and electricity tariffs (SVT) for new customers ahead of Government plans to impose a price cap on the costly energy products.
The London-based company, Renewables Consulting Group (RGC), add depth to operation with the acquisition of Simon Redfrern.
The new oil and gas operator to be formed in a joint venture between Bayerngas Norge and Centrica’s exploration and production (E&P) business will be called Spirit Energy.
Russian oil giant Gazprom has replaced ExxonMobil at the summit of S&P Global Platts’ top 250 global energy company rankings.