Energy Sector

Centrica’s pay deals get the nod despite severe protests

Energy giant's Centrica's controversially high pay packages for executives got approval from its board, despite outcry and severe criticism by twenty protest groups.

General: 
Companies: 

Npower reiterates commitment to resolving billing-related issues

Energy giant Npower has reiterated its commitment to resolving any problems created by the implementation of the company's new billing system.

General: 
Companies: 

IGas-Dart deal to create UK’s biggest shale gas explorer

British shale gas explorer IGas has announced a £117.1 million deal to acquire the Australian prospector behind conflict-ridden plans to drill for coal-bed gas near Falkirk - Dart Energy.

The deal would create the UK's market-leading onshore group, which would have more than one million acres of the United Kingdom under licence.

General: 
Companies: 

Centrica issues second profits warning in six months

British energy supplier Centrica on Thursday issued its second profits warning within the last six months, admitting its profits could be 10 per cent lower than market expectations this year.

Centrica also revealed that nearly 180,000 households in the UK had quit its domestic arm British Gas, while mild winter enabled its remaining customers to cut down on the heating bills.

General: 
Companies: 

Greenpeace condemns Lords committee’s report on fracking

Prominent environment group Greenpeace has accused the House of Lords Economic Affairs Committee of 'cherry-picking' evidence for the report that called on the government to make regulated fracking an 'urgent national priority'.

General: 

Pages

Subscribe to RSS - Energy Sector