Latest news
Centrica to invest £1.4billion in UK gas project
Centrica announced it will continue investing £1.4 billion in the Cygnus gas project, one of the North Sea’s biggest discoveries. The company said it would spend the money on its Cygnus gas field in -partnership with GDF Suez of France, creating up to 4,000 new jobs, and adding £ 600 million in tax revenues for the public purse.
read more... 27/07/2012
Centrica: wholesale gas cost could rise by 15% next winter
Millions of households in the UK could face higher energy bills next winter after Centrica, the owner of British Gas said that the gas costs could rise by 15%, while other costs would add another £50 to the cost of supplying energy to the average home probably by the end of the summer.
read more... 11/05/2012
Centrica acquires a biomass heating company Ecoenergy
The British gas company Centrica has recently acquired the Ecoenergy, a leading supplier of biomass heating solutions to the public and private sector. In 2010, Ecoenergy sold 500 projects, characterizing itself as the most accomplished biomass heating company in the UK.
read more... 22/12/2011
Centrica and Qatar sign a strategic alliance on oil and gas projects
The British energy company, Centrica, the owner of British Gas and the state-run oil company Qatar Petroleum International (QPI) have recently teamed up in an effort to collaborate on pursuing international energy investments. On Monday they signed a memorandum of understanding to invest in a set of new or existing oil and gas projects. The deal includes investments in liquefied natural gas, gas power turbines, and gas storage.
read more... 07/12/2011
Centrica to buy Norway gas fields for 1.6 billion dollars
Centrica Plc agreed to purchase from Statoil ASA Norway’s largest oil and Natural Gas Company assets in Norway gas fields for 1.6 billion dollars. The act of transaction implies sale of Statoil stakes in the Kvitebjorn, Heimdal, Valemon, Skrine-Byggve, Fulla, Frigg-Gamma- Delta, Vale and Rind fields.
read more... 21/11/2011