Centrica, the owner of British Gas, has announced that its CEO, Chris O’Shea, will receive bonuses totalling £3.7 million after the company achieved record profits in 2022.
MPs are set to question the executives of British Gas and Ofgem regarding the pre-payment scandal.
Next week, the executives of Centrica and Ofgem will be summoned to appear before MPs. This comes after British Gas was discovered to have been compelling vulnerable customers to use
Europa Oil & Gas (AIM:EOG) Investor Relations Webinar, at 6.00 p.m. today.
Europa Oil & Gas (Holdings) plc, the AIM quoted UK and Ireland focused oil and gas exploration, development and production company, announces that Will Holland, CFO, will be presenting at
British Gas owner Centrica made record profits last year as energy bills soar
In 2022, Centrica’s adjusted earnings per share rose significantly, increasing eight times to 34.9p from 4.1p in the previous year.
Clontarf Energy PLC (AIM:CLON) JV HoA on Direct Lithium Ion Extraction Technology in Bolivia.
Clontarf Energy plc (AIM: CLON) is pleased to announce a heads of agreement around the potential formation of a 50:50 Joint Venture with US based, OTC Markets traded, technology company,
More gas and electricity suppliers could go bust because households are unable to pay their bills
The industry body warned that more electricity and gas suppliers may go bankrupt because of the rising number of households who are unable to pay their bills.
UK energy suppliers will end prepayment meter installation at vulnerable homes
After damaging reports about how prepayment meters were installed in the homes of vulnerable customers, all UK energy suppliers have pledged that they will stop installing them.
Deltic Energy PLC (AIM:DELT) Pensacola Gas Discovery
Deltic Energy Plc, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, is pleased to announce a
Energy regulator Ofgem orders halt to pre-pay meters being forcibly installed
After an investigation revealed that agents working for British Gas broke into the homes of vulnerable customers to install prepayment meters, the British energy regulator Ofgem ordered all suppliers to
£9bn in customers’ cash hoarded by energy companies
The cash pile exploded over the past year and reached its peak at November’s end when households were facing extreme financial pressure due to the cost of living crisis.
British Gas stops using warrants to force people into prepayment meters
The move is following allegations that third-party agents ignored the vulnerabilities of customers and broke into equipment to install it.