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Current tag: Energy industry

Ofgem directives to lower energy fare may make 3.4m customers overpay by £55m

Written on:April 22, 2013
Burning on a gas stove in the kitchen

ABB acquires Power-One for £656m to expand into solar inverters market

Written on:April 22, 2013
ABB acquires Power-One

Npower tax avoidance shocks MPs as Paul Massara defends £766m profits

Written on:April 17, 2013
Npower avoids tax

Centrica, Qatar sign £650m joint venture to acquire Canada’s Suncor Energy

Written on:April 15, 2013
Gas pipelines

General Electric to acquire Lufkin for £2.17bn to boost energy business

Written on:April 8, 2013
GE to acquire Lufkin

SSE pays largest fine of £10.5m for mis-selling energy to customers

Written on:April 3, 2013
SSE pays hefty fine

Centrica signs £10bn gas import deal with Cheniere to boost UK gas reserves

Written on:March 25, 2013
Centrica signs gas import deal

BP announces share buyback worth £5.26bn to return shareholders’ money

Written on:March 22, 2013
BP office in Canada

Vattenfall to slash 2,500 jobs to reduce costs by £470m

Written on:March 7, 2013
Vattenfall axes jobs

British Gas to create 1,000 skilled jobs for unemployed youth in UK

Written on:February 25, 2013
British Gas creates jobs