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Centrica merges oil and gas businesses with Baverngas Norge

The new company will be the result of the joining of British company Centrica’s exploration and production business with Norwegian Baverngas Norge.

read more... 17/07/2017

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Centrica is closing UK’s largest natural gas storage site

Centrica Storage Ltd (CSL) declared on Tuesday about its intention to stop storage operations at Rough. The energy supplier wants to permanently end Rough's status as a storage facility. Nevertheless, the company plans to produce all recoverable gas from the gas field, which is anticipated at 183 billion cubic feet (bcf).

read more... 20/06/2017

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French company starts UK home energy business

The French company ENGIE is challenging UK’s six largest energy providers - Centrica, SSE , Scottish Power, Npower, E.ON and EDF Energy - by starting a new home energy business, that will propose to its clients the lowest tariffs at the end of fixed term deals.

read more... 12/05/2017

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Centrica plans to increase Morecambe Bay gas output by investing 60 mln pounds

British utility Centrica announced on Wednesday about the intention to spend 60 million pounds ($77 million) to unlock more natural gas reserves in Morecambe Bay gas fields, under the Irish Sea, aiming to reduce a potential shortage next winter, since a continuing outage at Centrica’s older Rough gas storage has increased concerns about the security of supply.

read more... 04/05/2017

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Largest gas storage in UK closed for new supplies for a year

According to an announcement made by Centrica Storage (CSL), UK largest natural gas storage site, Rough, will be closed for new supplies until the end of April 2018.

read more... 13/04/2017

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