Centrica try to muscle in on bid

06 August 2008



Centrica are trying to muscle in on the EdF BE deal, and this may make things politically sweeter.

EdF have had their £12bn bid for British Energy rejected by the shareholders, a couple of major institutions stated that the bid was not high enough. Centrica have now attempted to resurrect a deal which allows them the opportunity to buy directly from the newly merged company. They would also own a small percantage of the company therefore benefiting from any new build projects. read more ...

Energy Companies look set to raise prices  

07 August 2008


All the energy suppliers are bound to increase prices by double digits, but in reality some are keen not to be the price leader as they do not want to grow their supply buinesses in these uncertain times.  read more...

Oil prices fall again below $117  

08 August 2008


World demand is starting to influence the bearish nature of oil traders, and some are beginning to question whether oil could fall below $100.  read more...

British Energy forecast to be back in Dec  

11 August 2008


Market expects to see nukes return in Decemeber.  read more...

Oil prices look set to breach $112  

12 August 2008


Oil falls are causing traders to look to assess if oil will fall below the $100, level.  read more...

British Gas hikes are designed to lose customers  

13 August 2008


BG have grown their business but it has come at a price and this is something which they are keen to address hence the increase in prices.  read more...

Currency moves beginning to effect market.  

14 August 2008


Currency moves has meant that buying $ priced oil and coal will be costing the UK more than in previous months.  read more...

Centrica and BE - A Natural Fit?  

27 August 2008


Invesco – the investment company that owns 15% of British Energy and 5% of Centrica has discussed with the Government the possibility of a merger between the two energy companies.  read more...

Cashing in on the Power Price Highs  

29 August 2008


A number of coal-fired power stations, that opted out of the Large Combustion Plant Directive (LCPD), appear to have exceeded operating expectations to take advantage of high summer power prices  read more...


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