Serica Energy Share News (SQZ)

Britain's Hunt sets out plans to reduce energy consumption by 15% by 2030

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt on Thursday said he wanted the country to become more energy efficient, outlining a new goal to reduce energy consumption by 15% over the next eight years to save money.

UK's Hunt increases energy windfall tax

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said on Thursday the government would increase a windfall tax on oil and gas firms and extend it to power generation firms as he seeks to raise money to plug a hole in the public finances.

LONDON BROKER RATINGS: Redburn likes Flutter; RBC cuts Smiths

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Surging gas prices help lift Serica Energy

(Sharecast News) - Serica Energy reported a first-half operating cash flow of £312m on Tuesday, up from £72.8m a year ago, after adjustments for hedge security.

Serica Energy reports huge profit jump as gas prices surge

(Alliance News) - Serica Energy PLC on Tuesday reported a huge increase in profit as it benefited from high gas prices.

UK earnings, trading statements calendar - next 7 days

Serica hits six-week delay at North Eigg well

(Sharecast News) - Serica Energy updated the market on the North Eigg exploration well on Wednesday, reporting that drilling operations had encountered delays.

Serica's North Eigg well hit by six-week delay and GBP3 million cost

(Alliance News) - Serica Energy PLC on Wednesday said its drilling operations on the North Eigg exploration well in the North Sea has encountered delays, which will cost the company GBP3 million.

Kistos, Serica Energy abandon attempts to combine

(Sharecast News) - Kistos and Serica both walked away from their various attempts to combine late on Tuesday, after negotiations to reach a deal collapsed.

Serica and Kistos rule out takeover offers after rebuffed approaches

(Alliance News) - Serica Energy PLC and Kistos PLC on Tuesday said they do not intend to make offers for each other after both rejected approaches from the other.

Banks, commodities lift UK's FTSE 100

July 25 (Reuters) - Britain's FTSE 100 rose on Monday, supported by banks and commodity stocks in a choppy session, with data showing Britain's industrial output slowed but tentative signs of price pressures coming off their peak.

Serica Energy rejects revised takeover proposal by Kistos

(Alliance News) - Serica Energy PLC and Kistos PLC on Monday both confirmed that Kistos had sent Serica a revised non-binding proposal regarding a potential takeover that was unanimously rejected by Serica's board.

Serica board rejects revised offer from Kistos

(Sharecast News) - Kistos announced a revised proposal for Serica Energy on Monday, after its first offer was rejected by the Serica board on 1 June.

IN BRIEF: Serica Energy boosted by "exceptionally strong" commodities

Serica Energy PLC - London-based oil & gas company - Says commodity prices have been "exceptionally strong" since the start of 2022 with a resulting positive impact on income. July gas price to date stands at 191.8 pence per therm, up compared to 124.8 pence in June. "The 2022 year-to-date gas price has averaged 177p/therm which is significantly higher than the 2021 full year average of around 113p/therm," it notes.

Serica Energy upbeat on 2022 progress to date

(Sharecast News) - Upstream oil and gas company Serica Energy said in an update on Wednesday that production performance in 2022 was benefitting from its "significant investment" in the Rhum R3 well reintervention, the Columbus development project and now the LWIV campaign.