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The British gas industry was privatised in 1986 under the provisions of the Gas Act 1986. [10] The Act abolished the British Gas Corporation and established British Gas plc. The 1986 Act also established a licensing regime, a Gas Consumers’ Council, and a regulator for the industry called the Office of Gas Supply (OFGAS). [10]
Gas del Estado (1992) – national gas company partitioned and sold, among others, to the Spanish Gas Natural company Naturgy. Obras Sanitarias de la Nación (water company, 1992–93) - given under concession to the French conglomerate Suez , which operated it under the name Aguas Argentinas; re-nationalized in 2006 as Aguas y Saneamientos ...
It is the trading name of British Gas Services Limited and British Gas New Heating Limited, both subsidiaries of Centrica. [5] Serving around ten million homes in the United Kingdom, British Gas was the largest energy supplier in the country until 2024 when it was overtaken by Octopus Energy. [6] It remains the largest gas supplier.
BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. [ 3 ] [ 4 ] On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement.
Nationalised companies (controlled by HM Government and reporting to the Ministry of Power) Industry: Utilities (energy: gas) Predecessor: 1812 (as the Gas Light and Coke Company and various others) Founded: 1 May 1949 (by the Gas Act 1948) Defunct: 31 December 1972: Fate: Reorganisation under the Gas Act 1972: Successor: British Gas ...
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In 1949, under the Gas Act 1948 the ownership of the company transferred to a government agency, North Thames Gas Board. [6] The various area gas boards were merged into the national British Gas Corporation in 1973. The Gas Act 1986 sold the company to private investors as British Gas plc. [7]
The "passivity" agreement FDIC wants BlackRock to sign is designed to assure bank regulators that the giant money manager will remain a "passive" owner of an FDIC-supervised bank and won’t exert ...