Search results
Results from the WOW.Com Content Network
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.
Oil and Pipelines Act 1985 (c. 62) abolishes the British National Oil Corporation, establishes the Oil and Pipelines Agency: 1985 UK oil exports peaked 1986 Advance Petroleum Revenue Tax Act 1986 (c. 68), repayment of advance petroleum revenue tax 1986 Gas Act 1986 (c. 44), privatised the gas industry, established British Gas and Ofgas as regulator
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.
When British Gas plc was floated on the London Stock Exchange on 8 December 1986, it traded at 135 pence per share, valuing British Gas plc at £9 billion. [ 4 ] The privatization of gas supply and the opening up of the market was one of the factors in the UK's ' Dash for Gas ' – the shift from coal-fired to gas-fired power plants in the ...
The North Thames Gas Board ceased to exist and North Thames became a region of the British Gas Corporation. [ 1 ] The Gas Act 1986 [ 15 ] privatised the British gas industry with the assets of the British Gas Corporation transferred to British Gas plc which started trading on 8 December 1986.
This was sparked by the privatisation of the National Coal Board, British Gas and the Central Electricity Generating Board; the introduction of laws facilitating competition within the energy markets; and the availability of cheap gas from the North Sea. In 1990, just 1.09% of all gas consumed in the country was used in electricity generation ...
When British Gas was privatised in 1986, fewer than 600 people were employed in the Cardiff office. In 1998 the Cardiff regional headquarters became the National Sales Centre for Britain. Prior to relocation, 2,400 people were employed at Helmont House, two thirds of which were call centre staff, with a further 800 working in the field. [2]
Notable privatizations in the UK included Britoil (1982), the radioactive-chemicals company Amersham International (1982), British Telecom (1984), Sealink ferries (1984), British Petroleum (gradually privatized between 1979 and 1987), British Aerospace (1985 to 1987), British Gas (1986), Rolls-Royce (1987), Rover Group (formerly British Leyland ...