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Centrica resumes talks to sell North Sea venture

Bloomberg Centrica Plc, the biggest supplier of energy to UK homes, has resumed talks over a potential sale of its North Sea oil and gas venture after putting the plans on hold earlier this year. The London-listed company is in discussions with “a number of parties” regarding a sale of its controlling stake in Spirit Energy Ltd “but hasn’t restarted ...

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IEA chief sees ‘disturbing’ signal for climate target

Bloomberg Global efforts to reduce wasted energy have faced a major setback in 2020, sidelining a relatively simple way of slashing emissions and hitting climate goals. That’s the conclusion from an International Energy Agency report, which recorded the weakest improvement in efficiency since 2010, as investments into technologies that can cut emissions have slowed amid the economic turmoil brought on ...

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LG Chem recalls home battery systems in US

Bloomberg LG Chem Ltd is voluntarily recalling some models of its home energy storage batteries in the US over concerns they could overheat and start fires. The South Korean industrial giant is working with the US Consumer Product Safety Commission on the recall after the company received reports of five fires with its battery systems that caused limited property damage ...

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