The UK Government has brokered a landmark agreement with Centrica, owner of British Gas, to reopen the Rough gas storage facility. This strategic move aims to bolster the UK's energy security and stabilise household bills for millions.
EDF and Centrica strike a landmark deal with the UK government to extend the operational life of two critical nuclear power stations, averting an energy shortfall and safeguarding jobs. The move is a crucial stopgap for Britain's energy security.
Centrica, the parent company of British Gas, has acquired a £1.5bn gas terminal in a bold move signalling continued reliance on fossil fuels despite the green energy transition.
British energy firms Centrica and National Grid are poised to benefit from soaring gas prices in Europe, with analysts predicting significant profits amid the ongoing energy crisis.
National Grid and Centrica have struck a deal to ensure the UK's energy security by reopening a major gas storage facility, reducing reliance on European imports.
Concerns mount over UK's dwindling gas reserves ahead of winter as British Gas owner Centrica faces criticism for selling off supplies.
Energy regulator Ofgem investigates British Gas owner Centrica after profits soar to £1bn amid the cost-of-living crisis, sparking outrage over 'excessive' earnings.
British Gas owner Centrica considers acquiring a stake in the Sizewell C nuclear power plant, signaling strong interest in UK's energy future.