Centrica PLC (CNA.L)
29 Mar 2017
March 24 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
LONDON/FRANKFURT European utilities are losing billions of euros from gas storage facilities, potentially triggering site closures and divestments in a market suffering from oversupply and weak demand.
LONDON, Feb 20 * British energy supplier Centrica said on Monday it has created a new venture called Centrica Innovations (CI) to identify and accelerate new technologies. * CI will deliver a new venture fund to invest in start-ups. Up 100 million pounds ($125 million) will be invested over the next five years. * CI will complement Centrica's existing business. It will identify and invest in technologies and ideas to deliver new products and services to its customers. * Europe's bigg
* British gas today announces that it will extend its price freeze for its customers on its standard energy tariff until august. Source text for Eikon: Further company coverage: (Bengaluru Newsroom)
LONDON Britain's Centrica has created a new global division to focus on end-consumers in a strategy shift away from its core energy production business that will also merge its British and North American segments, the company said on Wednesday.
Jan 24 Centrica-owned British Gas has to pay 9.5 million pounds ($11.9 million) in compensation to customers who faced billing problems after the household energy supplier upgraded its system in 2014, UK energy market regulator Ofgem said on Tuesday.
* Centrica Plc-British Gas Business - statement on Ofgem announcement
LONDON, Jan 13 Britain's Centrica has completed its withdrawal from wind power generation with the sale of a 50 percent stake in the Lincs offshore wind farm to the Green Investment Bank and its offshore wind fund, the companies said on Friday.
* Centrica announces sale of its remaining wind farm joint venture
LONDON Centrica , Britain's largest energy supplier, lifted its annual profit forecast on Thursday after its trading division reaped the benefits of big price swings in the European power market and it managed to save more money than expected.