Tag Archives: Chris O’Shea

Centrica Energy Expands into North America with New Office in New York to Support Gas Optimisation and Power Trading

(IN BRIEF) Centrica Energy is opening its first US office in New York, marking the company’s entry into North America’s gas optimisation market. Following its entry into power markets in 2024, Centrica Energy plans to build a comprehensive gas, power, … Read the full press release

Spirit Energy Sells 46.25% Interest in Cygnus Gas Field to Ithaca Energy as Part of Long-Term Energy Transition Strategy

(IN BRIEF) Centrica plc has finalized an agreement for Spirit Energy to sell a 46.25% stake in the Cygnus gas field to Ithaca Energy for £215 million. The sale includes £116 million in headline consideration and £99 million in decommissioning … Read the full press release

Ensuring Energy Continuity: British Gas Welcomes Former Rebel Energy Clients

(IN BRIEF) British Gas is stepping in to secure the energy supply for Rebel Energy customers after the latter ceased trading. Serving around 84,000 domestic and 6,000 non-domestic customers, Rebel Energy’s clientele will now be covered by Ofgem’s Supplier of … Read the full press release

British Gas to Create 400+ Apprenticeship Roles in 2025 to Support Net Zero Goals and Drive Career Diversity

(IN BRIEF) British Gas has announced it will offer over 400 apprenticeship roles in 2025 as part of its effort to accelerate the transition to a net zero future. The apprentices will help with energy efficiency, boiler repairs, and the … Read the full press release

Rough Gas Storage Facility Supports UK’s Winter Energy Needs with Record Fill and Increased Production

(IN BRIEF) Centrica’s Rough gas storage facility in the UK has played a vital role in meeting the country’s energy needs during the November 2024 cold snap, pumping 4.35 Bcf of gas into the National Transmission System, powering up to … Read the full press release

Centrica Acquires Belgian Battery Storage Project to Expand Green Energy Investments

(IN BRIEF) Centrica has acquired the Terhills battery storage project, an 18 MW facility in Belgium, from venture capital firm LRM as part of its strategy to boost green energy investments. The site, operational since 2018, has been optimised by … Read the full press release

British Gas to Hire and Train 300 New Apprentices to Support Net Zero Goals

(IN BRIEF) British Gas is set to hire and train 300 new apprentices to enhance its customer-facing teams and support the UK’s net zero ambitions. The initiative focuses on engineering and customer service roles, with a commitment to diversity and … Read the full press release

British Gas Launches ‘You Pay: We Pay’ Initiative to Combat Fuel Poverty Among Customers

(IN BRIEF) British Gas has introduced a pioneering ‘You Pay: We Pay’ scheme, dedicating £15 million to assist customers struggling with fuel poverty by matching their energy payments over a six-month period. This initiative, launching in June, proactively identifies and … Read the full press release

Centrica and Mitsubishi Power Collaborate on Europe’s First Ammonia-Fired Power Plant in Ireland

(IN BRIEF) Centrica and Mitsubishi Power Europe have joined forces to explore the development of Europe’s inaugural ammonia-fired power generation facility at Bord Gáis Energy’s Whitegate CCGT power station in Cork, Ireland. This groundbreaking project aims to leverage low carbon … Read the full press release

Centrica and Vodafone Sign Major PPA for Five Solar Farms in England

(IN BRIEF) Centrica and Vodafone have signed a Power Purchase Agreement with MYTILINEOS S.A for the output from five solar farms under construction in England, which will generate a total of 216GWh of electricity and displace more than 53,000 tonnes … Read the full press release

Centrica appoints Chris O’Shea as new Group CFO

WINDSOR, 31-Jul-2018 — /EuropaWire/ — After over four years in post, and in line with long-standing succession plans agreed with the Board, Jeff Bell will be standing down as Group CFO at the end of October this year and will … Read the full press release