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Centrica says net profits fall in first half

Centrica PLC, Britain's largest energy supplier, on Thursday reported a 47 percent fall in net profits in the first half of 2008, a day after it announced its retail wing is raising gas and electricity prices.

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Research and Markets: Centrica plc Oil and Gas Assets Report Available Now

- Global Market Direct’s Centrica plc Oil and Gas Assets Report is an essential source for company data and information. The report examines Centrica plc’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy. It provides a unique insight into the company’s major oil and gas assets and their historic performance.

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Marathon to sell Norwegian assets for $416 million

Marathon Oil Corp. said Wednesday it plans to sell some of its stakes in offshore Norwegian acreage Britain's Centrica plc for a total of $416 million. (MRO)

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Industrial Info Resources: Construction on Centrica Energy's 885-Megawatt Combined-Cycle Power Station Reaches Final Stage, an Industrial Info News Alert

CORDOBA, ARGENTINA (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- Centrica Energy (Windsor, England), a subsidiary of Centrica plc (LON: CNA) (Windsor) and owner of British Gas, confirmed that the 885-megawatt Langage Power Station, which is currently under construction near the city of Plymouth, will enter commercial operation in 2009. The company also has recently been...

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British Gas Raises Prices:

The U.K.’s largest energy supplier Centrica PLC Friday raised gas and electricity prices on one of its tariffs that tracks the value of wholesale markets, presaging what industry analysts say is likely to be another round of steep increases in U.K. utility bills. Centrica’s retail arm British Gas put up its market-tracker tariff, which changes every [...]

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Paisley : Centrica PLC Selects Paisley Enterprise GRC(TM) for Financial Controls Management and IT Governance

MINNEAPOLIS, MN (MARKET WIRE) Centrica PLC has chosen Paisley Enterprise GRC(TM) to manage its financial controls compliance and IT governance business processes. Paisley was selected for its market-leading position in integrated governance, risk and compliance and its proven track record delivering best-in class integrated financial controls compliance and IT governance solutions to large enterprise...

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Centrica Energy Deploys Endur for Energy Trading and Risk Management

NEW YORK--(BUSINESS WIRE)--Centrica Energy (CE), the division responsible for managing all upstream assets within Centrica PLC, the FTSE 100 energy company, has implemented Endur,

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British Energy surges on reports rivals want stake

British Energy Group Plc, the U.K.'s biggest nuclear power producer, rose to a record in London trading on reports that companies including Centrica Plc, Electricite de France SA and RWE AG are vying to buy it.

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Great Plains Energy Announces Definitive Agreement for Sale of Strategic Energy

KANSAS CITY, Mo.--(BUSINESS WIRE)--Great Plains Energy Incorporated (NYSE:GXP) today announced the entry into definitive agreements with Direct Energy, a subsidiary of Centrica plc

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Bloomberg: Centrica Hires Shell’s Hanafin to Replace Ulrich as Gas Chief

By Paul Dobson March 31 (Bloomberg) — Centrica Plc, Britain’s biggest energy supplier, hired Mark Hanafin from Royal Dutch Shell Plc to replace Jake Ulrich as managing director for the natural-gas production business and European operations. Ulrich will retire at the end of July after heading the company’s upstream business for 11 years, Windsor, England-based Centrica said [...]

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CNNMoney.com: Centrica plans to buy Shell, Exxon Mobil's North Sea gas fields - report

February 24, 2008: 11:07 AM EST LONDON, Feb. 24, 2008 (Thomson Financial delivered by Newstex) — Centrica PLC, the owner of British Gas, is plotting an offer worth up to 600 mln usd for a clutch of North Sea gas fields owned by Royal Dutch Shell PLC (NYSE:RDS A) and Exxon Mobil (NYSE:XOM) Corp, the Sunday [...]

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Centrica buys stake in fuel cell firm

LONDON (Reuters) - British Gas-owner Centrica Plc said on Monday it had agreed to buy a 10 percent stake in fuel cell firm Ceres Power , lifting Ceres shares nearly 30 percent.

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UK Company to Develop LNG in Country

Centrica Plc, the parent company of British Gas, StatoilHydro and Consolidated Contractors Company has signed a Memorandum of Understanding, MOU for participation in a consortium to assess the feasibility of developing LNG projects in Nigeria.