United Kingdom | Saturday, 6 September 2008

Centrica Articles

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1. British Energy investor wants Centrica merger
British Energy's largest investor, Invesco, wants a merger between the nuclear power generator and utility Centrica, The Sunday Telegraph newspaper reported.
25 Aug 2008
2. Centrica said to be considering British Energy merger
British energy firm Centrica is said to be considering a plan to revive a £22.5 billion merger with British Energy, following the decision by French firm EDF to pull out of a takeover of the nuclear energy company.
04 Aug 2008
3. Centrica says had to raise gas prices as profit falls
British Gas-owner Centrica said on Thursday it had been "absolutely necessary" to raise household gas prices as first half operating profit fell nearly 20 percent to 992 million pounds.
31 Jul 2008
4. Centrica to raise household gas prices 35 percent
British Gas-owner Centrica Plc said on Wednesday it would raise gas and electricity prices for households by 35 percent and 9 percent respectively, citing high wholesale gas prices.
30 Jul 2008
5. Centrica gets 51% stake in SPE
Centrica Plc said on Wednesday that it would be increasing its stake in Belgian energy and supply company SPE to 51 per cent.
23 Jul 2008
6. Centrica buys Norwegian interests
Centrica Plc said on Wednesday that it agreed to acquire interests in a package of non-operated gas and oil assets in Norway for $375 million (£190 million). The agreement will mean Centrica will acquire interests in the Heimdal area of the Norwegian North Sea.
09 Jul 2008
7. Centrica in line with previous guidance
Centrica Plc, the owner of British Gas, said on Thursday that it was continuing to trade in line with its guidance provided on the 12 May.
19 Jun 2008
8. Centrica predicts H1 profit fall
Centrica Plc, the owner of British Gas, said on Monday that it expected operating profit for the first half of 2008 to be "materially lower" than in 2007. Centrica said the drop could largely be attributed to lower profitability in British Gas Residential, "which experienced exceptional conditions" earlier in the year.
12 May 2008
9. Centrica plans new gas storage facility
Centrica Plc, owner of British Gas, has said that it is proposing to create the UK's first offshore gas storage facility for over 25 years.
25 Mar 2008
10. Centrica profits rise 40%
Centrica Plc, the owner of British Gas has reported an increase in operating profits of 40 per cent in 2007 to £1,949 million. The group said that its pre-tax profit from continuing operations was £2,184 million in 2007, up from £130 million the year before.
21 Feb 2008
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