British Gas owner doubles boss’s pay to £8m – despite qualms over previous rise : Details of Chris O’Shea’s ballooning package emerge in Centrica’s annual report ...
theguardian.com/business/2024/mar/26/british-gas-owner-doubles-bosss-pay-to-8m-despite-qualms-over-previous-rise
British Gas contacts customers at 3am to ask for feedback: Citing a 'technical issue' for the calls around 3.15am, British Gas has since been slammed ...
metro.co.uk/2024/03/26/british-gas-calls-customers-3am-ask-feedback-20529864/
Households set for big cut to energy bills from Mondaywww.walesonline.co.uk/news/cost-of-living/british-gas-edf-eon-shell-28885696
Millions of UK households can get £550 in cash after clocks go forward: Energy Doctor Steve Buckley, from energy saving app Loop, reckons it’s possible to shave ...
birminghammail.co.uk/news/cost-of-living/millions-uk-households-can-550-28887097
Octopus Energy announces 'heavily reduced rates' for some customers: The Octopus Energy trial has proved electric vehicles (EVs) can balance grid as the National ...
birminghammail.co.uk/news/cost-of-living/octopus-energy-announces-heavily-reduced-28850808
Households with certain energy meters to have extra £129 added onto bills: Warm This Winter has issued a warning to British Gas, OVO, Octopus ...
birminghammail.co.uk/news/cost-of-living/uk-households-certain-energy-meters-28886050
Why the energy price cap has come down for April - to what could be a new normal after Russia's Ukraine invasion
news.sky.com/story/why-the-energy-price-cap-has-come-down-for-april-to-what-could-be-a-new-normal-after-russias-ukraine-invasion-13078563
Quick Glance: Energy Prices Drop: Households Save £238
- The typical energy bill will drop to £1,690 from April, the lowest in two years under the new price cap set by the regulator.
- Lower wholesale prices have led to this decrease and aim to provide some relief for consumers.
- The price cap affects 29 million households in England, Wales, and Scotland, setting limits on gas and electricity prices.
- Despite energy costs remaining above pre-pandemic levels, measures are being taken to assist consumers.
British Gas owner's profits soar to nearly £800m - as boss says poorer customers need more help
news.sky.com/story/british-gas-owners-profits-soar-to-nearly-800m-as-boss-says-poorer-customers-need-more-help-13072130
Centrica records 82% leap in bad debts as energy crisis continues to bite: British gas owner raises dividend by a third as it rewards hundreds of thousands of ...
ft.com/content/2bd71066-7e61-4b9a-9c6f-39b1de01bb63
Paid articlePaid
Energy companies rake in £1bn a week as British families struggle in cost of living crisis
independent.co.uk/news/uk/home-news/energy-companies-profits-cost-of-living-crisis-fuel-b2496666.html
Centrica shows why selling energy is still a size game: Political attempts to open up energy market have failed to change domination of a handful of companies
ft.com/content/001f055a-242d-431e-8e35-d696b951acd3
Paid articlePaid
Energy bills set to fall by almost £300 a year when price cap drops in April: Energy bills for a typical household will fall to £1,635 a year, forecasters ...
inews.co.uk/news/energy-bills-fall-300-price-cap-2909422
Britain's Centrica annual profit drops on lower seasonal demand: British energy supplier Centrica on Thursday reported a drop in annual profit ...
reuters.com/business/energy/britains-centrica-reports-lower-annual-profit-2024-02-15/
Octopus Energy issues warning to customers and says situation's 'so bad': The energy firm's CEO Greg Jackson shared the warning in response to a complaint ...
birminghammail.co.uk/news/cost-of-living/octopus-energy-issues-warning-customers-28539774
Nine ways to get up to £3,700 as Cost of Living payments end: Payments from the Department for Work and Pensions have been revealed including energy bill help.
bristolpost.co.uk/news/uk-world-news/nine-ways-up-3700-youre-9107010
British Gas boss Chris O'Shea: 'I can't justify my pay of £4.5m': Chris O'Shea, chief executive of Centrica, says he does not set his own pay but it is ...
bbc.com/news/business-68029653
My wife died three years ago but British Gas won’t stop pestering her: I explained the situation and was given an apology on the phone but kept receiving letters ...
theguardian.com/money/2024/jan/16/my-wife-died-three-years-ago-but-british-gas-wont-stop-pestering-her
Star baker closes two shops as 'crippling' energy costs multiply by five: 'What's incredibly frustrating and really important is that companies like ...
walesonline.co.uk/whats-on/food-drink-news/alex-gooch-forced-close-two-28400031
Frozen pipes, energy bills, and keeping warm: Here’s your cold weather guide: Everything you need to know to protect yourself from cold and heating costs this ...
independent.co.uk/news/uk/home-news/thawing-frozen-pipes-british-gas-heating-bills-b2481280.html
More than 2m UK prepay meter users to be cut off from gas or electric this winter
theguardian.com/money/2024/jan/23/uk-prepay-meter-users-cut-off-gas-electric-this-winter
Why can’t British Gas install a smart meter that works?: We’ve been waiting more than two years for all of our problems to be solved
theguardian.com/money/2023/dec/06/why-cant-british-gas-install-a-smart-meter-that-works
Energy firm confirms half-price electricity at Xmas and into 2024: It has also said that its scheme offering half-price electricity on Sundays will now run into ...
walesonline.co.uk/news/cost-of-living/british-gas-giving-customers-half-28208548
British Gas, Ovo, EDF, Octopus customers urged to take action as Price Cap rises: Energy bills are due to rise on January 1
walesonline.co.uk/news/wales-news/british-gas-ovo-edf-octopus-28364421
Quick Glance: Energy Costs: Check Your Meter Before Ofgem Price Cap Rises
- Before the new year, take gas and electricity meter readings.
- Ofgem sets a maximum price for standard tariffs every three months.
- On 1 January, a new energy price cap comes into force, about 5% higher than current prices on average.
- Households paying on receipt of a bill will see prices rise to £2,058 a year for a typical home.
Are energy bills going down this winter?: Energy prices are falling – but not for much longer
theweek.com/business/personal-finance/958826/will-energy-bills-go-down-next-year
Couple who didn't pay gas bill for 18 years hit with £11,000 fee: Lee Haynes and partner Jo Woodley said they did 'everything' to try to work out who ...
bristolpost.co.uk/news/uk-world-news/couple-hit-11000-bill-18-8857020
Scots British Gas boss warns households they may rack up energy debt over Xmas: While watchdog Ofgem has lowered its energy price cap during the year ...
dailyrecord.co.uk/news/scottish-news/boss-british-gas-fears-customers-31468736
TC Energy receives FERC approval for Virginia Reliability Project: The U.S. Federal Energy Regulatory Commission (FERC) approved TC Energy's (TRP ...
reuters.com/business/energy/tc-energy-receives-ferc-approval-virginia-reliability-project-2023-11-20/
Enbridge to sell Alliance, Aux Sable stakes to Pembina Pipeline for $3.1 billion: Enbridge is selling its stakes in the Alliance pipeline and Aux Sable gas ...
financialpost.com/commodities/energy/oil-gas/enbridge-sell-alliance-aux-sable-stakes-pembina-pipeline
British Gas giving £250 in free credit to thousands of customers: Customers do not need to contact the firm themselves to receive the help
walesonline.co.uk/news/uk-news/british-gas-giving-250-free-28085338
Shell Q3 profit drops to $6.2 billion, group boosts buybacks: Shell (SHEL.L) reported on Thursday a 34% annual drop in third-quarter profit to $6 ...
reuters.com/business/energy/shell-reports-62-bln-third-quarter-profit-increases-buybacks-2023-11-02/
TC Energy looking at JVs in Mexico, Canada in divestment push: TC Energy (TRP.TO) is open to joint ventures in Mexico and Canada as part of the pipeline ...
reuters.com/business/energy/tc-energy-beats-third-quarter-profit-estimates-higher-transport-volumes-2023-11-08/
New UK law will slash energy bills for British Gas, OVO, EDF, Octopus customers: The changes in permitted development rights aim to simplify the process ...
birminghammail.co.uk/news/midlands-news/new-uk-law-slash-energy-28206209
Octopus lines up Zopa founder to chair electric vehicles arm: Giles Andrews, who also chairs Carwow, is to take on the chairmanship of Octopus EV months after it ...
news.sky.com/story/octopus-lines-up-zopa-founder-to-chair-electric-vehicles-arm-12991633
Gas has been piped to British homes for 50 years.
Read why switching off the gas grid will be a headache econ.st/3FeFPIJ 👇
Tokyo Gas and Octopus Energy’s generation arm have launched a fund to invest in the development, construction, and operational stage of offshore wind farms and ... Show more
New prepayment meter rules in place for energy customers: Energy regulator Ofgem enforced the rules on Wednesday, November 8.
gazettelive.co.uk/news/teesside-news/new-rules-place-british-gas-28072943
£13k 'turn off' warning issued to British Gas, Ovo, Octopus, EDF customers : Experts have warned UK households who turn off their heating could be hit by a £13 ...
birminghammail.co.uk/news/midlands-news/13000-turn-off-warning-issued-28029696
Octopus Energy: the UK start-up outgrowing its roots : Founder Greg Jackson puts expansion above profits even as Shell deal turns it into second-biggest ...
ft.com/content/9aef2708-4893-417d-ab65-d82d60961c19
Paid articlePaid
Energy regulator Ofgem said they were among six that fell short of the target for 2022 by more than a million smart meters.
FULL STORY: trib.al/pJ7PRZC
£30 warning issued to energy customers over new prepayment meter rules: A district judge has given Scottish Power permission to enter homes to fit prepayment ...
birminghammail.co.uk/news/midlands-news/30-warning-issued-energy-customers-27942976
Everything you need to know about smart meters with millions yet to switch: Nearly a third of households admit to checking their in home display at least once a ...
chroniclelive.co.uk/news/cost-of-living/everything-you-need-know-smart-27920016
Varcoe: Oilpatch survey finds 88% of producers see higher output in 2024, expect improved outlook
calgaryherald.com/business/oilpatch-survey-canadian-producers-expect-improved-outlook
A cry for help! Energy providers play the villain in dramas to chill the blood: And the cast is always the same … the firms are the predators, while householders ...
theguardian.com/money/2023/oct/04/a-cry-for-help-energy-providers-play-the-villain-in-dramas-to-chill-the-blood
‘Your old meter may catch fire’: British Gas investigated over marketing: British Gas is being investigated for sending “marketing” emails to customers warning ...
thetimes.co.uk/article/british-gas-smart-meter-fire-investigation-g7s7mzr3x
Paid articlePaid
Cheniere Energy cuts intake at 2 US LNG plants by 1 bln cubic feet/day: The largest U.S. liquefied natural gas (LNG) producer, Cheniere Energy (LNG.A) ...
reuters.com/business/energy/cheniere-energy-cuts-intake-2-us-lng-plants-by-1-bln-cubic-feetday-2023-09-26/
Cost of living sees homeowners rethink green upgrades despite widespread support for net zero
inews.co.uk/news/environment/cost-of-living-crisis-homeowners-rethink-green-upgrades-net-zero-2630582
Santos to divest half of working interest in 148 leases at Alaska North Slope (Sept 19)
reuters.com/business/energy/santos-farm-down-50-working-interest-148-leases-alaskas-pikka-project-2023-09-19/
Enbridge dives as market frets over financial hit from $14 bln Dominion deal: Enbridge Inc (ENB.TO) shares tumbled nearly 7% to their lowest in more than four ...
reuters.com/business/energy/enbridge-slumps-surprise-14-bln-bid-gas-powered-utilities-2023-09-06/
Britain’s energy regulator toughens rules on forced pre-pay meters: British energy regulator Ofgem on Wednesday announced tougher rules for energy suppliers ...
reuters.com/business/energy/britains-energy-regulator-toughens-rules-forced-pre-pay-meters-2023-09-13/
Shell to sell home energy business in UK, Germany to Octopus Energy: Shell (SHEL.L) said on Friday it would sell its home energy business in the UK and Germany ...
reuters.com/markets/deals/shell-sell-energy-business-uk-germany-octopus-energy-2023-09-01/
Quick Glance: Shell to Sell Home Energy Business in UK and Germany to Octopus Energy
- Shell to sell its home energy business in the UK and Germany to Octopus Energy as part of a partnership for EV charging.
- Returns in the British energy retail sector have been under pressure due to rising wholesale costs and price caps imposed by regulator Ofgem.
- The acquisition is expected to make Octopus the second-largest energy supplier in Britain with approximately 6.5 million customers.
- The transaction is expected to be completed in the fourth quarter of 2023, pending regulatory approval.
£1k warning to anyone who's British Gas, OVO, E On, Bulb, SSE customer: More than a quarter (27%) of people are behind with at least one bill ...
birminghammail.co.uk/news/midlands-news/1700-warning-anyone-whos-british-27740768
British Gas profits soar by 889% (but not for the reason you might think): Centrica plans to raise its interim dividend by 33% but cautions that its underlying ...
news.sky.com/story/british-gas-profits-soar-by-889-but-not-for-the-reason-you-might-think-12928285
Something is truly rotten at the heart of Ofgem and it is time for a complete overhaul
cityam.com/something-is-truly-rotten-at-the-heart-of-ofgem-and-it-is-time-for-a-complete-overhaul/
The parent company of British Gas has revealed half-year profits for its UK household supply arm are up by almost 900%.
Sky's correspondent Paul Kelso reports ... Show more
British Gas have announced their profits have soared by a staggering 889% to a record £969m. While households struggle to pay their bills. Let that sink in.
Former oil executive Mark McAllister lined up to be next Ofgem chair: Government choice of energy regulator boss criticised as ‘putting the fox in charge of the ...
theguardian.com/business/2023/sep/06/former-oil-executive-mark-mcallister-lined-up-to-be-next-ofgem-chair
British Gas sends £382 demand for a bill I don’t owe: I’ve received a legal letter demanding a £382 ‘debt’ though I had switched to Bulb
theguardian.com/money/2023/aug/08/british-gas-sends-382-demand-for-a-bill-i-dont-owe
The UK has doubled down on oil drilling—and claimed it's all part of its net-zero plan
qz.com/uk-drilling-oil-gas-north-sea-climate-crisis-net-zero-1850691483
Paid articlePaid
TC Energy to spin off oil pipeline business, focus on natural gas: North American pipeline company TC Energy (TRP.TO), which has been looking to sell assets and ...
reuters.com/business/energy/tc-energy-spin-off-oil-pipeline-business-2023-07-27/
5 Top Energy Stocks In Play As Oil Prices Hold Above $80 Per Barrel: Energy stocks, including ExxonMobil, may be poised to have a moment in 2023 with U.S ...
investors.com/news/energy-stocks-lead-the-way-as-oil-prices-hold-above-80-per-barrel/
TC Energy to sell 40% in Columbia gas transmission systems for $4 bln: Canada's TC Energy (TRP.TO), best known for its Keystone oil pipeline ...
reuters.com/markets/deals/tc-energy-sell-40-interest-columbia-gas-columbia-gulf-pipelines-c52-bln-2023-07-24/
Energy price cap could be ditched to make gas and electricity bills even cheaper: Millions will pay more this winter despite the cap being lowered due to the end ...
inews.co.uk/news/politics/energy-price-cap-ditched-companies-gas-electricity-prices-2571211
Nigeria must embrace renewable energy, says NBCC: The Nigeria-British Chamber of Commerce has said Nigeria’s transition to renewable energy is “no longer a ...
punchng.com/nigeria-must-embrace-renewable-energy-says-nbcc/
UK may not have enough gas to power the country in winter, Centrica's Chris O'Shea says
news.sky.com/story/uk-gas-storage-materially-behind-european-neighbours-centricas-chris-oshea-says-12922851
Scot overcharged by British Gas for 7 years and forced to shell out thousands: Ada Daly was paying more than double what she should have been charged due to a ...
dailyrecord.co.uk/news/scottish-news/scots-gran-overcharged-british-gas-30530436
Q1 results beat, valuations factor in bright prospects for ONGC stock: ONGC: The company guidance is to add over 100,000 square kilometres of exploratory area ...
business-standard.com/markets/stock-market-news/q1-results-beat-valuations-factor-in-bright-prospects-for-ongc-stock-123081400818_1.html
Paid articlePaid
TC Energy will succeed even if its plan to spin off oil pipelines fails : Last week, TC Energy announced a plan to spin off its liquids pipeline business (mainly ...
theglobeandmail.com/business/commentary/article-tc-energy-liquids-pipeline-plan/
Paid articlePaid
British Gas offers half-price electricity on Sundays in summer 2023: New deal open to customers with certain smart meters in a bid to push usage into lower peak ...
thetimes.co.uk/article/seo-british-gas-half-price-electricity-sundays-summer-2023url-5kpw78gc0
Paid articlePaid
British Gas owner Centrica hikes capacity at UK's largest gas storage facility to bolster winter power security
news.sky.com/story/british-gas-owner-centrica-hikes-capacity-at-uks-largest-gas-storage-facility-to-bolster-winter-power-security-12912186
Eni to buy oil and gas company Neptune Energy for $2.6bn: Italian company’s subsidiary, Vår Energi, will acquire Neptune’s Norwegian business for $2.3bn
theguardian.com/business/2023/jun/23/eni-buy-oil-and-gas-company-neptune-energy
Lowered Ofgem price cap will still leave a quarter in fuel poverty, activists warn
theguardian.com/money/2023/jul/01/ofgem-energy-price-cap-great-britain-households-fuel-poverty
Quick Glance: Further Decline Expected in Energy Prices in Coming Months
- Energy consultancy Cornwall Insight predicts that the energy bill price cap will decrease to £1,978.33 from October, down from July's £2,074, but will rise again to £2,004.40 from January, based on Ofgem's current measures.
- Dr. Craig Lowrey, principal consultant at Cornwall Insight, stated, "The decrease in average price cap predictions reflects Ofgem's efforts to align with the changing energy consumption patterns of typical households as consumers respond to high prices, energy efficiency measures, weather conditions, and other influences by reducing their energy usage."
- While predictions for typical households may offer some insights for consumers, households still face the challenge of bills that exceed historical levels.
- Exploring options such as social tariffs, energy efficiency initiatives, and other avenues should be prioritized.
Scott Begbie: Nationalising electricity and gas is the only way forward: We have people in power more interested in protecting the profits of global ...
pressandjournal.co.uk/fp/opinion/6000121/help-with-energy-bills-nationalising-scott-begbie-opinion/
Shell agrees to divest western assets to get approval on Empire deal: Shell Canada will divest some of its western assets to advance its deal to buy gas stations ...
financialpost.com/commodities/energy/oil-gas/shell-divest-western-assets-approval-empire-deal
UK's Centrica and Delfin Midstream sign 15-year US LNG supply deal: British Gas parent firm Centrica (CNA.L) has signed a 15-year liquefied natural gas (LNG) ...
reuters.com/business/energy/uks-centrica-delfin-midstream-sign-lng-supply-deal-2023-07-11/
Vast energy company profits amid cost-of-living crisis cannot be justified – Scotsman comment
scotsman.com/news/opinion/columnists/vast-energy-company-profits-amid-cost-of-living-crisis-cannot-be-justified-scotsman-comment-4235007
Paid articlePaid
FTSE 100 live: British Gas owner propels to top of London index after record profit
cityam.com/ftse-100-live-british-gas-owner-propels-to-top-of-london-index-after-record-profit/
‘Liars and manipulators’: the energy dealmakers overcharging small firms: Former broker reveals how secret commissions are charged to charities ...
theguardian.com/business/2023/jul/25/energy-brokers-small-firms-commissions
Energy bosses slam £25 monthly bill charge that many aren't aware of: The charge is levied for everyone, regardless of how much energy they use
walesonline.co.uk/news/cost-of-living/british-gas-octopus-energy-bosses-27232485
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics