Bord Gáis parent's profits more than treble in 2022 Bord Gáis and British Gas owner Centrica has seen its profits soar to more than £3 billion for 2022 amid rocketing energy prices that have … Business • 16 Feb
Centrica signs £7 billion LNG deal with US supplier Centrica has signed a £7 billion agreement with US-based Delfin Midstream to buy liquefied natural gas (LNG) from 2026, Britain's largest energy supplier said today. Business • 09 Aug 22
Bord Gáis Energy reports 74% rise in operating profits Bord Gáis Energy saw its adjusted operating profits rise by 74% in the first half of the year, as its parent company Centrica also reported … Business • 28 Jul 22
Centrica says cost savings plan on track British utility Centrica said today it is on track to achieve cost savings of more than £100m this year despite difficult trading conditions. Business • 10 May 21
Centrica to sell North American energy business British Gas owner Centrica said today it will sell its North American subsidiary Direct Energy for $3.63 billion in cash as it reported a profit … Business • 24 Jul 20
UK energy firm Centrica axes 5,000 jobs on virus impact UK energy provider Centrica said today it will axe 5,000 jobs, or almost one fifth of its workforce, as it responds to both the coronavirus … Business • 11 Jun 20
Centrica profits plunge on UK energy price cap Profits at British utility Centrica slumped 35% last year, hit by a government price cap on some energy bills and the impact of lower natural … Business • 13 Feb 20
UK retail energy woes weigh on E.ON, Centrica E.ON and Centrica, two of the UK's so-called "big six" energy providers, today warned of a toughening retail market, raising the chance of cost cuts … Business • 13 May 19
Centrica warns UK energy price cap will hit performance Bord Gáis Energy owner Centrica has warned that its financial performance in 2019 will be hit by the UK energy regulator's default tariff price cap. Business • 21 Feb 19
Centrica to challenge UK household energy price cap Centrica, the owner of Britain's largest energy supplier British Gas, said it is seeking a judicial review of the way UK regulator Ofgem has calculated … Business • 21 Dec 18
Centrica slides as customers leave, energy output slips Shares in Centrica tumbled 9% today after the UK energy supplier reported losing customers, lower nuclear power generation and a fall in output at its … Business • 22 Nov 18
Centrica affirms 2018 targets as chill boosts demand Bord Gáis Energy and British Gas owner Centrica stuck to its financial targets for the year, citing higher energy demand after a cold end to … Business • 14 May 18
Centrica raises cost savings target, to cut 4,000 jobs Energy supplier Centrica, which issued a profit warning in November, has today raised its cost savings target by £500m and said it would cut about … Business • 22 Feb 18
Centrica loses 823,000 customers, shares dive Centrica has today reported a loss of 823,000 energy customers in the four months to October 31, sending its shares plunging by over 20% at … Business • 23 Nov 17
Centrica boss urges UK to rethink price cap plan Centrica, Britain's biggest energy provider, has urged the UK government to be more imaginative in its approach to restructuring the market. Business • 05 Oct 17
Warm weather & low energy prices hit Centrica's margins UK energy supplier Centrica has warned that warm weather and weaker commodity prices in the first quarter had hurt its margins at its energy supply … Business • 08 May 17
Bord Gáis Energy's annual pre-tax profits up 53% Bord Gáis Energy made a pre-tax profit of £46m for its British parent company last year, up 53% on the figure for 2015. Business • 23 Feb 17
Centrica set to bid for NI energy firm Viridian Centrica, the largest energy supplier to UK homes, is preparing a bid for Northern Irish power company Viridian Group, according to people with knowledge of … Business • 14 Jan 16
Bord Gáis Energy adds €32.7m to Centrica profits Bord Gáis Energy contributed £23m (€32.7m) to the bottom line of its new parent company Centrica in the first six months of the year. Business • 30 Jul 15
Profits at Bord Gáis owner Centrica fall 35% Annual profits at gas firm Centrica have fallen 35% to £1.75bn (€2.4bn) in a "very difficult year" for the company, it said today. Business • 19 Feb 15
Centrica fined for missing efficiency targets Britain's energy regulator Ofgem has fined energy supplier Centrica £11.1m for failing to meet energy efficiency obligations by a 2012 deadline. Business • 04 Dec 14
Centrica lowers earnings forecast due to weather Britain's largest energy supplier, Centrica, said it expects full-year adjusted earnings per share to be lower than expected at 19-20 pence. Business • 20 Nov 14
Winter weather hits profits at Britain's Centrica British utility Centrica saw operating profit fall 35% in the first half of the year as a mild winter in Britain led to reduced energy … Business • 31 Jul 14
British Gas pays compensation to misled customers British Gashas paid around 4,000 customers and a charity £1m for misleading savings promises on its energy tariffs, regulator Ofgem said today. Business • 04 Jul 14
Europe clears Centrica's deal for Bord Gáis The European Commission has cleared Centrica's €1.1 billion takeover of Bord Gáis Energy, the retail arm of Bord Gáis. Business • 16 Jun 14
