Centrica and Qatar Invest in International Energy
It now seems that British energy company Centrica, and the state-run oil company Qatar, have just recently teamed up. Apparently, these two groups have signed a tentative deal to work together on pursuing international energy investments. This may
by Jason Drew December 7th, 2011
Centrica Buys $1.63 Billion Assets from Statoil
It appears that UK-based Centrica is looking forward to boosting its oil and gas production by a quarter. This news came to light after it was announced that ...
by Samantha Donovan November 22nd, 2011
Centrica Warns Consumers of a Possible Rise in Gas Prices
It now seems that Brits could be looking at an increase in their gas bills, according to a recent warning from Centrica. This rise in gas prices is more than likely due to a rise in gas on the wholesale ...
by Justin Becks May 10th, 2011
RES enters South African wind farm sector
Renewable Energy Systems (RES) has entered into the South African renewable energy sector with its purchase of wind farm projects from South African Renewable Green Energy, a local company based in Cape Town. The projects, now in the early phase ...
by Jason Drew January 21st, 2010
GDF Suez initiated a bid for International Power
GDF Suez, the fifth biggest power producer in Europe, has made a takeover proposal for the FTSE 100-listed International Power, a move which will likely elevate political anxiety over the sale of the vital British energy infrastructure. GDF Suez is 35 per cent partly owned by the French government. It has
by Emma Young January 18th, 2010
Massive wind farms planned in Bristol Channel and Anglesey
Two new wind projects – one site in Bristol Channel and the other nine miles off the Anglesey coast – are among the nine offshore wind farms to be built in the UK. Costing £100 billion, the new wind projects will ...
by Lynnette Adamson January 8th, 2010
Licences for nine UK offshore wind projects awarded
Successful bids for nine UK offshore wind projects have been recently awarded to energy companies. In total, turbines to be installed in the nine zones can produce at least 32GW of energy, a quarter of the country's required electricity. The consortium ...
by Justin Becks January 8th, 2010
Gordon Brown to reveal £100 billion wind project winners
UK Prime Minister Gordon Brown will confirm this week the winners of the auction to construct the country's next giant offshore wind farms to deliver over 25GW of renewable energy. The prime minister is planned to attend the awarding ceremony ...
by Beth Williams January 4th, 2010
Crown Estate to profit £5 billion from wind farms
Crown Estate is expected to earn £5 billion over the following 25 years from new offshore projects in the UK. The massive boost in revenue comes after Crown Estate representatives stunned energy chiefs by tripling the costs for them to ...
by Jason Drew December 29th, 2009
DONG and Siemens buy 50% of Lincs wind project
Siemens and DONG Energy have signed a joint contract to acquire 50 per cent ownership of the wind farm project Lincs, originally developed by the UK-based energy firm Centrica. The combined 50 per cent share of the energy project represents a capital investment of about £375 million. The Lincs offshore wind
by Jenson Brayshaw December 25th, 2009
Energy Companies Say Falling Carbon Prices Could Result in Bigger Energy Bills
It now appears that electricity bills could go up as a result of the weekend's feeble agreement on climate change at Copenhagen. Energy suppliers warn that the price of carbon, paid by heavy polluters such as power plant operators, plummeted ...
by Justin Becks December 24th, 2009
