Traders on the floor of the New York Stock Exchange wait for the Federal Reserve’s decision in relation to its economic stimulus programme.  Photograph: David Karp

Markets on this side of the Atlantic were again held back by concerns over what the US Federal Reserve would choose to do in relation to its economic (...)

Barring last-minute surprises, the British utility will take over Bord Gáis Energy early next year

Talks on the sale of Bord Gáis Energy re-started in earnest early this week when advisers to both the company and its owner, the State, sat down with (...)

Centrica owns British Gas, which has has about 13 million customers

Centrica The British-based multinational supplies gas and electricity to businesses and consumers in Britain through British Gas, which was state owne(...)

Former RBS chief executive Fred Goodwin: big energy companies were warned they were facing a “Fred the Shred” moment

The spectre of Britain’s most reviled company boss, the former RBS chief executive Fred Goodwin, was invoked yesterday by a government minister as he (...)


Library file photo dated 17/01/2007 of a gas hob. PRESS ASSOCIATION photo. British Gas owner Centrica has reported profits of £1.44 billion for 2006. The figure, which was down 5% on the previous year, included profits of £95 million from the company’s residential energy arm after the division made a loss in the first half of the year. See PA story CITY Centrica.
The deal will help Britain secure its energy needs as domestic North Sea supplies dwindle, but at the same time expose the country to growing import dependence. Photograph 
credit should read
: Andrew Milligan/PA Wire

Centrica has signed a £4.4 billion deal with Qatar to import liquefied natural gas (LNG) over 4½ years as Britain’s import dependence reaches record l(...)

Shares in Grafton Group, which has a strong English presence, rose 7 per cent to €7 after the UK Builders Merchants Federation’s monthly sales figures highlighted improved conditions.

A possible ending to the deadlock in Washington lifted shares in both Europe and the US tonight. The Iseq closed the day up 1.6 per cent on the preced(...)

 Ulster Bank Headquarters in Dublin city centre. Photograph: Niall Carson/PA Wire

Ulster Bank has appointed Philip Nolan as chairman, following the decision of Sean Dorgan to step down.Making the announcement yesterday, Chris Sulli(...)

 Neither of the gas interconnectors with Britain, built at a total cost of €600 million, can be used to export gas from here, as when they were built in 1993 and 2003 the Government was focused on securing supplies to meet high projected demand. Photograph: Christopher Furlong/Getty Images

State company Bord Gáis Networks is to investigate whether there is a need to invest €200 million in re-engineering its interconnectors with Br(...)

Handout photo issued by Total of its Elgin PUQ platform, where production has resumed on a North Sea platform almost a year after it was evacuated due to a leak. Photograph: PA

a shortage is just weeks away. Natural gas prices spiked to over £1.50 a thermin London yesterday after technical problems with on(...)

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