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Centrica

Centrica 11/05/2012

23:45 : Centrica signals £100 rise in bills - The £4.3m-a-year chief executive of British Gas-owner Centrica yesterday risked the wrath of customers as he warned of steep rises in household energy bills.
21:30 : Centrica chief executive Sam Laidlaw survives the Shareholder Spring - Centrica's investors waved through a multi-million pound pay package for Sam Laidlaw despite profits that halved and a share price 19 per cent lower than five years ago.
20:26 : Centrica shareholders revolt against executive pay - Centrica has become the latest company to feel the force of the "shareholder spring" as more than 16pc of its investors failed to back its executive pay - on the same day it warned household bills were set to rise even further.
Source : telegraph-co-uk
09:08 : British Gas owner Centrica says energy costs rising - LONDON (Reuters) - Centrica warned retail energy costs were rising, even as strength at its upstream oil and gas business helped boost first-quarter trading.
Source : reuters-com
09:01 : Utilities benefit as investors seek havens, but banks and miners drag ... - Water companies among the largest risers as shareholders shy away from riskier assetsInvestors are seeking shelter from the storms blowing through global markets, backing utilities and shunning mining companies and banks.Severn Trent is up 48p at 16.90, ...
Source : guardian-co-uk
09:00 : British Gas owner Centrica warns of higher gas costs - Another round of energy bill price hikes looms after Centrica warns cost of supplying gas has risen by £50 a yearMillions of households face higher energy bills this winter after the owner of British Gas predicted that the cost of supplying ...
Source : guardian-co-uk

Centrica 06/05/2012

20:33 : Unilever and Centrica under fire over executive pay as revolt escalates - Vince Cable, has backed 'shareholder spring' saying it is the 'right way' to deal with executive excessThe "shareholder spring" that has rocked boardrooms over recent days is set to intensify this week, with investors challenging executive pay at bookies ...
Source : guardian-co-uk

Centrica 30/04/2012

12:07 : Greenpeace protesters blockade Centrica HQ over energy bills - Campaigners target Centrica offices in Berkshire, saying 'rip-off' energy bills are due to overuse of expensive, imported gasDozens of campaigners have staged a protest outside energy giant Centrica's head offices, over what they say are ...
Source : guardian-co-uk
11:33 : Energy bills: rip-off protest at Centrica HQ - Dozens of campaigners have staged a protest outside Centrica's head offices over what they say are "rip-off" energy bills fuelled by rising gas prices.
Source : telegraph-co-uk

Centrica 22/04/2012

12:05 : Centrica Threatens To Pull Out Of Nuclear Plant Plan-FT - LONDON -(Dow Jones)- Centrica PLC (CNA.LN), the only U.K. company in the running to build a new generation of atomic power plants in the U.K., said it could scrap its plans because of uncertainty over the government's energy policy, the ...

Centrica 15/04/2012

11:32 : ROGER CARR INTERVIEW: In 1938 Germans could never own our utilities ... ... - If you want to believe that business can be a force for good, listen to Sir Roger Carr. The head of energy giant Centrica and president of the CBI, Carr is the acceptable face of capitalism.

Centrica 01/04/2012

00:18 : Energy giant EDF prepares for nuclear future without Centrica - The French energy giant EDF is working up contingency plans should Centrica walk away from their joint venture to build a new wave of nuclear power stations.

Centrica 30/03/2012

22:01 : Centrica boss Sam Laidlaw's pay lifted to £4.3m by bonuses - Chief executive of British Gas's parent company is also awarded an £848,000 bonus that will vest in three years's timeThe boss of Centrica, the parent company of British Gas, was handed a potential £4.3m last year as long-term performance-related ...
Source : guardian-co-uk
17:35 : British Gas owner Centrica won't give senior directors a bonus - The owner of British Gas, which has come in for criticism for raising energy prices, has suggested its most senior directors have failed after stating that 'executive pay is based on performance'.
Source : telegraph-co-uk

Centrica 21/03/2012

17:49 : Centrica and DONG Energy establish joint venture to co-develop Round 3 ... - Centrica and DONG Energy today announced they have formed a joint venture to co-develop offshore wind farms in the Round 3 Irish Sea Zone, which has a potential capacity of 4.2GW. The transaction will see DONG Energy pay Centrica ...

Centrica 24/02/2012

00:02 : Centrica demands a £60m tax break in next month's Budget - Chief executive Sam Laidlaw is one of a number of oil and gas executives who are lobbying George Osborne to introduce tax relief on the depreciation of older North Sea oil and gas fields.

Centrica 23/02/2012

12:57 : Centrica faces calls for cuts to British Gas bills as wholesale profits ... - A leap in Centrica's wholesale profits has sparked calls for cuts to household bills, as fuel campaigners claim that cost as well as mild weather has led to people turning down or switching off their energy supply.
10:26 : British Gas profits keep energy market reform on the agenda - Centrica was still able to make a profit of around £50 a household from its residential unit British Gas, despite a fall in the average billCentrica has defended household energy prices as the group reported annual pre-tax profits of £2.4bn, ...
Source : guardian-co-uk
09:04 : Mild weather hits Centrica profits - Energy giant Centrica today said mild spring and autumn weather had fuelled a 30% slide in profits at its residential arm British Gas to £522 million last year.
09:04 : £2.5bn profit forecast for energy giant Centrica - British Gas owner Centrica will announce bumper profits today with analysts predicting they'll climb 4 per cent to £2.5bn. But as senior bosses at the firm celebrate their massive bonuses, fuel poverty campaigners say it's time to call ...

Centrica 22/02/2012

23:40 : British Gas-owning energy giant Centrica in U-turn over North Sea tax - After months of threatening to boycott the North Sea over UK tax rates, Centrica has performed a U-turn after it increased its stake in British waters.
10:56 : Centrica buys North Sea oil and gas fields for £246m - British Gas-owner announces acquisition on eve of annual results, where forecast profits of £2.5bn are expected to reignite debate over household billsCentrica, the owner of British Gas, has boosted its presence in North Sea exploration with a £246m ...
Source : guardian-co-uk

Centrica 20/02/2012

16:20 : Centrica seeks clarification ahead of plans for closer nuclear ties with ... - Centrica is seeking clarification from the Government on key financing issues before making decisions about whether to continue its nuclear power partnership with EDF and build four new nuclear plants in Britain.
Source : telegraph-co-uk

Centrica 19/02/2012

01:31 : British Gas owner stokes profit anger - The backlash against the “big six” energy providers will intensify this week when British Gas-owner Centrica announces a profit leap in the face of growing fuel poverty and high utility bills.

Centrica 31/01/2012

01:08 : Centrica signs oil and gas deal with Conoco - Centrica has accelerated its push into oil and gas production by striking a $223m (£142m) deal with ConocoPhillips that will nearly double its interest in a key North Sea field.

Centrica 13/01/2012

13:46 : British Gas and SSE to cut energy bills - LONDON (Reuters) - Two of Britain's biggest utilities, Centrica and SSE, said on Thursday they would cut energy prices, a day after EDF Energy became the first of the UK's 'big six' energy suppliers to bring down tariffs.
Source : reuters-com

Centrica 12/01/2012

13:31 : British Gas and SSE to cut power bills - LONDON (Reuters) - Two of Britain's biggest utilities, Centrica and SSE, said on Thursday they would cut energy prices, a day after EDF Energy became the first of the UK's 'big six' energy suppliers to bring down tariffs.
Source : reuters-com
12:29 : Energy company price rises since 2010 - Centrica, the owner of British Gas, announced a cut in electricity tariffs and SSE in gas tariffs today, following a similar cut by EDF Energy yesterday, after mild weather and economic slowdown led to a decline in underlying Wholesale ...
Source : telegraph-co-uk

Centrica 11/01/2012

08:48 : EDF Energy cuts gas bills by 5% - Move comes after company raised tariffs by over 15% in NovemberOne of the UK's biggest energy suppliers has announced a cut in its tariffs.EDF Energy increased its gas bills by 15.4% in November but said it would now cut them by 5% after a 9.2% decline ...
Source : guardian-co-uk

Centrica 06/12/2011

18:24 : Bonuses and executive pay at Big Six UK energy firms under fire - • Centrica chief awarded shares worth £2m on top of £2m salary • SSE boss awarded £1.2m salary plus shares worth about £4mThe Big Six energy companies have walked into a political storm over executive pay amid revelations that their bosses ...
Source : guardian-co-uk
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