Multi-Utilities

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Facts About Brownouts

Inform 71 days ago

In a blackout, the electric power is completely cut-out come the candles and the blankets if it’s the middle of winter. A brownout is less severe; it’s a small and usually temporary interruption of your power service. But while technically small, the ...

Centrica ups stake in takeover target Venture

AP News 92 days ago

UK gas distributor Centrica takes majority 50.3 percent stake in takeover target Venture British gas distributor Centrica Group PLC said Monday it has accumulated a 50.3 percent majority stake in its takeover target, North Sea drilling company Venture Production PLC. Centrica said ...

Centrica tightens grip on Venture

AFP European Edition 92 days ago

Energy firm Centrica said Monday that it now owns or has received acceptances for 50.3 percent of the shares of North Sea gas company Venture Production. Centrica, the owner of domestic energy supplier British Gas, last month launched a 1.3 billion pound ...

GDF Suez buys Australia gas fields stake

AFP Global Edition 98 days ago

French energy giant GDF Suez has bought a 60-percent stake in Australian offshore gas fields held by Australian firm Santos for 200 million dollars (142 million euros), GDF Suez said on Tuesday. GDF Suez will also lead a joint venture with Santos ...

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