Centrica PLC (LSE: CNA), the parent company of British Gas, has reported significant profits for the first half of the year, which has spurred an increase in investment, a raised
The IEA warns that households should brace themselves for a further increase in energy bills.
The International Energy Agency’s head, Fatih Birol, has urged families to prepare for a potential increase in energy bills this winter.
British Gas suggests that consumers should prepare for an extended period of elevated energy costs.
Centrica’s Chief Executive, Chris O’Shea, has warned that energy bills are projected to remain high in the foreseeable future, placing added pressure on households that are already financially burdened.
Centrica increases gas storage capability at Rough by 80%.
Centrica PLC, the parent company of British Gas, has reported a near-doubling of gas storage capacity at Rough, the UK’s most extensive gas storage site.
Germany secures additional US natural gas, distancing itself from Russian resources.
Germany has inked another extended agreement to import a larger quantity of US liquefied natural gas (LNG), shifting away from Russian energy amidst the ongoing Ukrainian conflict.
President Vladimir Putin Says Belarus Got First Russian Nuclear Weapons
President Vladimir Putin announced that Russia has made its initial delivery of tactical nuclear weapons to Belarus. This delivery comes three months after unveiling the plan, which is causing escalating
Russia energy war cost taxpayers £2,500 a second
The energy conflict instigated by Vladimir Putin, following his incursion into Ukraine, resulted in a staggering expense of £2,500 per second for taxpayers as the government endeavoured to mitigate the
China intensifies backing for Putin amid escalating Western sanctions.
Trade between China and Russia surged to a level unseen since the start of Vladimir Putin’s war in Ukraine, according to official figures, as Beijing increases its aid to its
Zelenskiy asserts Ukraine is prepared to initiate a counterattack.
President Volodymyr Zelenskiy announced in an interview that surfaced on Saturday, Ukraine’s readiness to initiate their long-anticipated counteroffensive to reclaim the territories under Russian control.
Energy suppliers have been instructed to ensure that body cameras are worn during visits to prepayment meters.
To safeguard vulnerable customers, the energy regulator has mandated that energy retailers wear body cameras during prepayment meter visits, as part of new measures.
Despite facing criticism, the CEO of British Gas has been awarded a bonus of £3.7 million.
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.
Russia’s oil export revenue sank by 42% in February as sanctions bit
Western nations implemented far-reaching sanctions against Russian crude oil and oil products as a measure to reduce Russia’s oil revenues.