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05.06.25 - 17:54
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British Gas owner strikes £20bn gas deal with Norway′s state energy company (The Guardian)
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Centrica's 10-year agreement with Equinor helps meet almost 10% of the UK's needs – enough to supply 5m homesThe owner of British Gas has struck a £20bn deal with Norway's state energy company to buy enough gas to meet nearly 10% of the UK's needs for the next decade.Under the agreement, Centrica will buy around 5bn cubic meters (bcm) of gas from Equinor – enough to supply 5m UK homes – every year from this winter until 2035 at the prevailing market rate. Continue reading......
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08.05.25 - 19:00
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British Gas owner suffers shareholder rebellion over CEO pay packet (The Guardian)
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Nearly 40% of Centrica investors vote against board's pay plans as energy bill payers struggle with record debtsThe owner of British Gas has suffered a shareholder rebellion after handing its chief executive a multi-million pound pay packet while energy bill payers struggle with record levels of debt.Nearly 40% of Centrica's shareholders voted against the board's pay plans at the energy company's annual investor meeting in Manchester on Thursday, after rising criticism of boss Chris O'Shea's pay during the energy crisis. Continue reading......
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