Finance News – British Gas
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British Gas owner buys £1.5bn gas terminal in big bet on fossil fuel reliance
The acquisition of a major UK liquefied natural gas facility for £1.5 billion highlights a strategic investment in import infrastructure despite recent declines in national gas con...
Read Full Article →British Gas-owner buys huge LNG terminal for £1.7bn
The acquisition enhances Centrica’s position in the energy market by securing a major liquefied natural gas facility, potentially impacting supply stability and future revenue stre...
Read Full Article →Centrica: British Gas owner’s shares rise after £1.5bn deal revealed
The acquisition of a major LNG terminal through a £1.5 billion partnership has positively impacted Centrica’s stock value, reflecting investor confidence in the company’s expanded...
Read Full Article →Fears UK gas stockpile to drop for winter as British Gas owner plans sell-off
Centrica’s decision to liquidate stored gas at the North Sea facility aims to limit ongoing financial losses, potentially resulting in reduced energy reserves in the UK ahead of th...
Read Full Article →Why does British Gas keep playing dumb over my faulty smart meter?
Many customers face financial uncertainty due to malfunctioning smart meters that hinder accurate billing, leading to estimated charges that may be difficult to dispute with their...
Read Full Article →British Gas owner strikes £20bn gas deal with Norway’s state energy company
Centrica’s decade-long purchase agreement with Norway’s energy firm secures a substantial annual gas supply valued at £20 billion, contributing significantly to the UK’s energy pro...
Read Full Article →Centrica: British gas owner to sell stake in North Sea gas field to Ithaca Energy
Centrica’s agreement to transfer nearly half of its interest in the Cygnus asset to Ithaca Energy is expected to generate approximately £215 million, impacting its overall investme...
Read Full Article →Centrica: Major gas facility to shut without government help
Centrica’s leader emphasized that without financial support from public authorities, the closure of a key energy storage site could lead to significant economic consequences for th...
Read Full Article →British Gas owner suffers shareholder rebellion over CEO pay packet
A significant portion of Centrica’s investors expressed opposition to executive compensation amidst growing concerns over the financial strain faced by consumers dealing with incre...
Read Full Article →Centrica: FTSE 100 British Gas owner suffers huge backlash over CEO pay rise plans
Centrica faces considerable criticism from investors and the public regarding proposed substantial increases in executive compensation, highlighting concerns over governance amid f...
Read Full Article →Centrica: ‘Challenging market conditions’ hit FTSE 100 energy firm
Despite difficult market dynamics in its gas and power division, Centrica anticipates increased losses at its North Sea gas storage unit while maintaining overall profit forecasts...
Read Full Article →British Gas is struggling to accept that my sister is dead
Ongoing billing issues with British Gas following a customer’s death have led to prolonged disputed charges, highlighting potential financial complications for estate management an...
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