Centrica profits surge amid rising gas prices
24th Feb 2022 08:02
(Sharecast News) - UK energy supplier Centrica on Thursday more than doubled annual profits driven by its North Sea oil and gas business amid surging commodity prices.
Read moreWe should have been tougher on suppliers - Ofgem
8th Feb 2022 12:48
(Sharecast News) - Ofgem has accepted it should have toughed up financial oversight of the energy market much earlier, a week after it announced household bills would spike by 54% this year.
Read moreCentrica pension cash used to buy stake in Israel's NSO - report
17th Jan 2022 09:50
(Sharecast News) - Centrica's pension cash has been used to buy a stake in controversial Israeli firm NSO Group through a private equity fund, it was alleged on Monday.
Read moreCentrica's Norwegian sale marks 'major progress' in transformation efforts
8th Dec 2021 07:37
(Sharecast News) - Electric services company Centrica has made "major progress" in its strategic transformation efforts with the sale of its entire Norwegian portfolio and its Statfjord field asset on Wednesday.
Read moreBritish Gas to take on customers from collapsed Neon Reef, Social Energy
22nd Nov 2021 14:36
(Sharecast News) - British Gas said on Monday that it will take on customers from collapsed energy companies Neon Reef and Social Energy after they stopped trading las week.
Read moreCentrica postpones capital markets event
13th Oct 2021 08:39
(Sharecast News) - Electric services company Centrica said on Wednesday that it had decided to postpone its capital markets event scheduled for 16 November.
Read morePush for 'net zero' emissions could have significant impact on inflation, Capital Economics says
28th Sep 2021 10:47
(Sharecast News) - The global push towards "net-zero" emissions could have significant implications for the inflation outlook depending on how quickly those changes are implemented, economists said.
Read moreRedundancies 'likely' at People's Energy, says administrator
27th Sep 2021 14:26
(Sharecast News) - Administrators have been appointed to gas and electricity supplier People's Energy after it collapsed in the wake of soaring wholesale gas prices, with redundancies 'likely', officials said on Monday.
Read moreCentrica takes on 350,000 new customers as People's Energy collapses
20th Sep 2021 08:21
(Sharecast News) - British Gas owner Centrica is to take on customers from failed rival People's Energy, the blue chip said on Monday.
Read moreBritons face soaring energy prices after Ofgem lifts cap
6th Aug 2021 07:58
(Sharecast News) - Britons face soaring energy prices from October after energy regulator Ofgem said it was lifting the cap on default tariffs by 12-13% just as the colder months approach.
Read moreBritons face soaring energy prices after Ofgem lifts cap
6th Aug 2021 07:58
(Sharecast News) - Britons face soaring energy prices from October after energy regulator Ofgem said it was lifting the cap on default tariffs by 12-13% just as the colder months approach.
Read moreCentrica profits flat as Covid, strikes offset higher prices
22nd Jul 2021 07:39
(Sharecast News) - Energy supplier Centrica reported flat first-half operating profits as higher commodity prices and stronger demand offset by the impact of Covid-19 and industrial action.
Read moreWednesday broker round-up
7th Jul 2021 14:03
(Sharecast News) - WM Morrison: Berenberg downgrades to hold with a target price of 254p.
Read moreCentrica to sell Peterborough site for £20m
1st Jun 2021 09:34
(Sharecast News) - British Gas owner Centrica has agreed to sell its Peterborough site to Whitetower Holdings UK Limited, an affiliate of Rockland Capital, for £20m.
Read moreCiti upgrades Drax, Centrica
17th May 2021 09:57
(Sharecast News) - Citi upgraded its stance on shares of Drax on Monday to 'buy' from 'neutral' following the recent UK power price rally of more than 20% in the last month.
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