Centrica doubles down on plan to 'refocus' portfolio on cleaner technologies

Madeleine Cuff
clock • 3 min read

CEO Ian Conn confirms he is to step down, as he hails clean energy reforms as a success and reveals plans to sell oil and gas production arm and step up EV activities

Centrica, the owner of energy supply giant British Gas, is to quit oil and gas production and switch its chief executive, as it struggles to maintain its share price and refocus its business on low carbon...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Study: Smart heat pump trial sees homes slash electricity use by a third

Study: Smart heat pump trial sees homes slash electricity use by a third

EXCLUSIVE: OVO and Nesta trial of 58 London homes fitted with smart, automated heat pumps achieves significant reduction in electricity use and energy bills

Michael Holder
clock 24 October 2025 • 3 min read
How the government can maximise benefits for UK communities through the Local Power Plan

How the government can maximise benefits for UK communities through the Local Power Plan

Partner Insight: Ahead of the publication of the Local Power Plan, Stew Horne - group head of sector intelligence & external affairs at the Energy Saving Trust - sets out how the government can ensure communities across the UK reap the benefits of clean...

Stew Horne, Energy Saving Trust
clock 23 October 2025 • 6 min read
Fatih Birol: Age of electricity is here, but dark geopolitical shadow looms over energy sector

Fatih Birol: Age of electricity is here, but dark geopolitical shadow looms over energy sector

IEA executive director reflects on the emergence of electricity as the world's 'dominant energy source', even as the consensus on climate action comes under fire

Stuart Stone
clock 23 October 2025 • 4 min read