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

Zonal pricing: Ed Miliband stresses he is 'not in favour of a postcode lottery on bills'

Zonal pricing: Ed Miliband stresses he is 'not in favour of a postcode lottery on bills'

But Energy Security and Net Zero Secretary emphasises 'no decision' has yet been made on zonal pricing proposals

Michael Holder
clock 24 April 2025 • 4 min read
Ed Miliband calls for 'hard headed' clean power push to deliver UK energy security

Ed Miliband calls for 'hard headed' clean power push to deliver UK energy security

Energy Security and Net Zero Secretary shares King Charles' message calling for 'shared learning between nations' on clean power transition at opening of two-day London Energy Security Summit

Stuart Stone
clock 24 April 2025 • 4 min read
Xi vows China will 'not slow down its climate actions'

Xi vows China will 'not slow down its climate actions'

Chinese leader confirms country will submit updated national climate action plan this year, as UN Secretary General insists the world’s decarbonisation efforts are 'moving forward - full-speed ahead'

James Murray
clock 24 April 2025 • 5 min read