Centrica PLC (CNA.L)
21 Sep 2018
LONDON The upward trajectory of already unseasonably high British wholesale gas prices is showing no sign of slowing, putting pressure on the energy regulator Ofgem to raise its price cap next year.
LONDON Britain's regulator on Thursday proposed a price cap on default energy bills to save households about a billion pounds ($1.3 billion) a year and aims to implement it in time for winter following a government promise to tackle "rip-off" prices.
Aug 30 British energy providers SSE and Innogy's Npower received provisional approval to merge their retail units from Britain's Competition and Markets Authority (CMA) on Thursday.
LONDON, Aug 29 Centrica's British Gas, Britain's largest energy supplier, has paid 2.65 million pounds ($3.41 million) after it wrongly overcharged some customers, regulator Ofgem said on Wednesday.
LONDON, Aug 8 Centrica will raise its standard energy prices for British Gas customers for the second time this year, it said on Wednesday, blaming rising wholesale costs.
LONDON, Aug 6 British utility Centrica said on Monday it has made a multi-million pound investment in an Israeli start-up that develops software for electric vehicle charging solutions.
LONDON Britain's Centrica, owner of top energy supplier British Gas, said its profits were hit by unseasonably cold weather earlier this year while customers continued to leave.
* High commodity prices boost E&P division (Updates throughout with detail, comment)
LONDON, July 30 Britain's Centrica, owner of top energy supplier British Gas, posted a slight increase in first-half earnings on Tuesday and said it expects to maintain its full year dividend at the current level.
LONDON/TOKYO, June 15 Britain's Centrica and Japan's Tokyo Gas aim to buy liquefied natural gas (LNG) from Anadarko Petroleum's $20 billion project in Mozambique, the first joint procurement deal designed to defuse risks facing the buyers in their respective markets.