SSE reports sliding profits and a drop in customer accounts

The company lost 430,000 customers last year as pre-tax profits fell by 6% to £1.45 billion

Cold weather boosted Centrica performance despite slipping customers

The energy giant said it expected to reduce jobs by around 1,000 through 2018

ScottishPower’s renewable earnings soar 29% in first quarter

The company’s latest financial reports suggest this was due to favourable wind conditions and increased capacity

Gazprom tries to reassure Europe with results

Sales were up but income was down for Russian state energy Gazprom according to its full year figures for 2013. Its results signed off by Chairman Alexei Miller yesterday show sales grew 10% to $146.7 billion (£87bn), while income slipped 7% from 2012 to US$ 31.9 billion (£19bn). The energy giant adopted a confident tone […]

BG group announce results

The BG Group have announced their second quarter results with earnings up 27% and cash generation up 11%. The company also said it had paid an increased interim dividend of 10.8 cents per share, up 10%. BG Group, which was formed from the break up of British Gas in 1997, specialises in oil and gas […]

BP back in profit after Deepwater Horizon

BP has “come out of intensive care” today as it announced that it was “on track for recovery after the tragic accident on the Deepwater Horizon” and had returned to profit in the third quarter of the year. Releasing its third quarter figures, BP said its headline replacement cost profit for the third quarter was […]