Finance News – Centrica
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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 →A ‘golden age’ for nuclear power? Sizewell C must hit budget first
The financial outlook of the Sizewell C project is crucial, as significant cost increases could lead to greater expenses for consumers while private investors seek attractive retur...
Read Full Article →UK strikes deal with private investors to build £38bn Sizewell C nuclear power plant
The agreement involving both public and private stakeholders secures essential capital for constructing a large-scale nuclear facility, significantly impacting future energy costs...
Read Full Article →FTSE 100 pay revolts double as race with US rivals heats up
Shareholder opposition to executive compensation among major UK companies surged in early 2025, reflecting growing concerns about rising pay packages amid increased competition wit...
Read Full Article →Former Centrica chief Laidlaw in frame to chair embattled BP
Sam Laidlaw’s potential appointment as BP chairman could influence the company’s strategic decisions and investor confidence amid ongoing financial and operational challenges in th...
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 →Energy boss warns over future of gas storage facility
The head of Centrica highlighted the potential loss of a £2 billion investment in a major UK gas storage site, emphasizing the need for support to secure its future operations.
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-owner Centrica faces backlash against chief’s pay
Centrica is encountering criticism regarding its chief executive's compensation, which raises concerns about executive pay practices in the context of the company's performance and...
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