Centrica said it "stands ready" to spend £2bn to create the "largest long duration low-carbon energy storage facility in the world".
Centrica has said it could keep its Rough gas storage field running for 40 more years through fresh investment.
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.
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.
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.
With her place as the UK’s next prime minister secure, Liz Truss will soon face a tidal wave of energy policy and security decisions likely to test her campaign promises.
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.
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.
Centrica is aiming to start filling up the Rough gas storage facility in "little more than a fortnight".
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.
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.
Centrica has submitted an application to reopen Rough, Britain’s largest gas storage facility, as the country seeks solutions to a harsh winter ahead.
Rough, the UK’s largest gas storage site which controversially closed in 2017, is to “reopen within months” according to a report.
With a new energy supply strategy for the UK set to be unveiled shortly, Aberdeen University’s John Underhill says gas storage and ‘joined up’ thinking should be prioritised.
MPs have been told that offering new oil and gas licences in the UK North Sea “is not a reasonable response” to the price crisis being triggered by the invasion of Ukraine.
Centrica has removed 16 workers from its Rough platform in the North Sea following a positive Covid case.
Centrica is in talks with the UK government about plans to convert its disused Rough natural gas storage site off the coast of northeast England to store hydrogen.
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 has enlisted Babcock International to help it plan the decommissioning of the Rough 47/8A platforms and infrastructure in the southern North Sea.
Gazprom PJSC is in talks to ramp up natural gas sales in the UK as coal plants are shuttered and the nation’s biggest storage site is closed for good.
The trade union for energy workers has expressed concern over Centrica’s decision to close the UK’s largest gas storage plant.
The closure of Centrica’s Rough storage facility could leave a "big hole" in the UK’s future gas supply, according to an industry analyst.
The prognosis for Centrica Plc’s business of storing natural gas is getting worse.