London stocks rise on China recovery hopes; energy shares fall
China's Premier Li says will take steps to boost demand
*Read moreChina's Premier Li says will take steps to boost demand
*Read moreLONDON, June 26 (Reuters) - Britain's National Grid said on Monday it had hired Shell's former head of merger and acquisitions Katie Jackson to run its low-carbon and renewables ventures business.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read moreBoE hikes rates by 50 bps to 5%
*Read moreUK's stubborn inflation fails to fall in May
*Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read moreLONDON, June 15 (Reuters) - British power generator Drax said on Thursday it is not in negotiations with the National Grid to restart its coal-fired power units to be available as back up electricity generation this winter.
Read moreLONDON, June 15 (Reuters) - Britain's National Grid expects to have enough capacity to meet demand for electricity this winter and will keep exploring additional options amid continued supply risks following Russia's invasion of Ukraine, it said on Thursday.
Read more(Alliance News) - Britain will be at a lower risk of losing power this winter than it was last time, according to a report from the company that runs the grid.
Read moreRetail, films drive modest UK economic growth
*Read moreJune 6 (Reuters) - Britain's energy regulator Ofgem said on Tuesday SSE Generation will pay 9.8 million pounds ($12.2 million) for securing excessive payments from the National Grid Electricity System Operator (ESO) for reducing output at Foyers power station.
Read morePelatro up on middle-east contract win
*Read more(Alliance News) - Energy developers who are falling behind with their projects will have to move back or leave the queue and allow others to connect to the electricity grid faster, National Grid ESO has said.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read moreAngus Energy PLC - UK-based independent onshore oil and gas development company - Says production at Saltfleetby fields reaches steady operating state from B2, A4 and B7T wells. Is now exporting gas to National Grid PLC at an average daily rate of 9.5 million standard cubic feet per day, reaching peak flows of over 10mmscf. Anticipates exceeding a combined average daily rate of 10mmscf. Says winter 2023-2024 pricing is strong, forecasted at GBP1.24 per therm, expects to generate GBP2.5 million in monthly average revenue from Saltfleetby operations.
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