Utilities Sector News

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  • GlaxoSmithKline plc (LON:GSK), Centrica PLC (LON:CNA) and Legal & General Group Plc (LON:LGEN) are the master investor's top high-yield blue chips.

  • British gas prices for instant delivery fell on Friday, pressured by an oversupplied network after Norwegian flows resumed, but contracts for next week firmed as traders expected the supplies to be diverted ...

  • Norway has approved BASF subsidiary Wintershall's plan to develop the Maria oil and gas field in the Norwegian Sea, the government said in a statement on Friday. Operator Wintershall has previously estimated ...

  • (ShareCast News) - GVC is understood to have trumped rival 888 in the £1bn bidding war for online gambling company Bwin.Party. The board of Bwin, which recommended a takeover by 888 in July, is believed ...

  • EDF delays launch of EPR nuclear reactor

    A 154 meter high hoist is used on the construction site of the third European generation Pressurised Water Reactor (EPR) to install a dome on the reactor's building on July 16, 2013, in Flamanville, France...

  • European markets find ECB cheer and Chinese holiday respite

    London's benchmark FTSE 100 index climbed 1.82 percent to close at 6,194.10 points, the CAC 40 in Paris gained 2.17 percent to finish at 4,653.79,, while Frankfurt's DAX 30 jumped 2.68 percent to end at ...

  • EDF's new-generation nuclear reactor delayed again, costs rise Reuters - UK Focus - Thu, Sep 3, 2015 17:40 BST

    Technical problems and tightened safety rules have further delayed French utility EDF's new-generation nuclear reactors and its cost has now ballooned to more than three times initial estimates. The European Pressurised Reactor (EPR) being built in northern France - and which EDF also plans to build in Hinkley Point, …

  • European shares boosted by Draghi's dovish tone Reuters - UK Focus - Thu, Sep 3, 2015 17:21 BST

    European shares rose sharply on Thursday, extending earlier gains as the European Central Bank delivered a dovish message from its first meeting after weeks of market turmoil. Shares rallied as the euro ...

  • Britain's first new nuclear plant in a generation has been delayed and will not start generating power in 2023 as planned, French energy giant EDF admits

  • European stocks enjoy Chinese holiday AFP - Thu, Sep 3, 2015 14:59 BST
    European markets find ECB cheer and Chinese holiday respite

    London's FTSE 100 index of leading shares climbed 1.45 percent to stand at 6,171.44 points, Paris's CAC 40 index jumped 1.8 percent to 4,637.21 and in Frankfurt the DAX 30 soared 2.27 percent to 10,276.17...

  • European shares take lift from Draghi's dovish tone Reuters - UK Focus - Thu, Sep 3, 2015 14:54 BST

    European shares rose sharply on Thursday, extending earlier gains as the European Central Bank delivered a dovish message from its first meeting after weeks of market turmoil. Shares rallied as the euro ...

  • EDF shares slump as Flamanville reactor is delayed again Sharecast - Thu, Sep 3, 2015 14:52 BST

    (ShareCast News) - Shares in EDF slumped after the state-controlled utility said the European pressurised reactor it's building in Normandy will be delayed again, to the fourth quarter of 2018, and raised ...

  • UK GAS-Prompt prices up on Norwegian outages Reuters - UK Focus - Thu, Sep 3, 2015 12:00 BST

    Norwegian gas outages pushed British prompt gas prices up on Thursday, reversing losses seen in early trading and offsetting lower demand for injections. Gas for immediate delivery rose by 1 pence to 41.95 ...

  • European shares bounce, focus on ECB meeting Reuters - UK Focus - Thu, Sep 3, 2015 11:30 BST

    European shares rose sharply on Thursday, tracking strong gains on Wall Street and ahead of a European Central Bank meeting that investors expect will deliver a boost to markets following recent turmoil. At 1011 GMT, the FTSEurofirst 300 index of top European shares was up 1.5 percent at 1,416.09 points after volatile …

  • You could make mega money from investing in Burberry Group plc (LON: BRBY), Centrica PLC (LON: CNA), Imperial Tobacco Group plc (LON: IMT), National Grid plc (LON: NG) and Vodafone Group plc (LON: VOD), ...

  • EasyJet leads European shares higher, focus on ECB Reuters - UK Focus - Thu, Sep 3, 2015 09:13 BST

    European shares rose sharply on Thursday, tracking strong gains on Wall Street and ahead of a European Central Bank meeting that investors expect will deliver a boost to markets following recent turmoil. The market was led higher by British low-cost airline easyJet, which jumped 6.4 percent after raising its full-year …

  • EDF says Flamanville reactor delayed to 2018, cost 10.5 bln Reuters - UK Focus - Thu, Sep 3, 2015 07:32 BST

    French state-controlled utility EDF said on Thursday the EPR nuclear reactor it is building in Flamanville, Normandy, will again be delayed to 2018 and raised the cost estimate to 10.5 billion euros from ...

  • Roland Head explains why Ashtead Group plc, (LON:AHT), Capita PLC (LON:CPI) and SSE PLC (LON:SSE) could be profitable buys in an uncertain market.

  • Director/PDMR Shareholding Business Wire - Wed, Sep 2, 2015 15:15 BST

    LONDON--(BUSINESSWIRE)-- 2 September 2015 Centrica plc (‘the Company’) Notification of Transactions of Directors/Persons Discharging Managerial Responsibility Purchase of ordinary shares of 6 14/81 pence ...

  • Drax, Infinis take UK government to court over lost tax exemption Reuters - UK Focus - Wed, Sep 2, 2015 14:44 BST

    Power producers Drax and Infinis Energy (LSE: INFI.L - news) have started legal proceedings against the British government for not providing enough notice when it announced the removal of a climate change tax exemption in July. Drax, whose originally coal-fired power station in North Yorkshire is generating a growing …

  • UK GAS-Prompt prices rise as cool weather boosts demand Reuters - UK Focus - Wed, Sep 2, 2015 10:32 BST

    Prompt natural gas prices in Britain rose on Wednesday morning as cool weather and low wind power output boosted gas demand from power plants. Gas for delivery on Thursday was trading at 40.90 pence per ...

  • Centrica says outage ends at UK's North Morecambe gas sub-terminal Reuters - UK Focus - Wed, Sep 2, 2015 08:24 BST

    An unplanned outage at Centrica's North Morecambe gas terminal in Britain has ended, the company said in a market update on Wednesday. The outage, which started at 1030 a.m. on Tuesday ended at 0148 a.m. ...

  • China fears drive down stocks and oil, fuel turmoil Reuters - Tue, Sep 1, 2015 22:20 BST

    World stock indexes and oil prices slumped on Tuesday as weak Chinese data fueled worries about a slowdown in its economy, the world's second biggest, and sparked more market turmoil. The fall in oil prices ended a three-day rally that had driven crude up more than 20 percent. The moves followed a stormy week that left …

  • Morgan Stanley issues 'full house' buy alert for stocks Telegraph - Tue, Sep 1, 2015 21:02 BST

    All five of the bank's key timing indicators are flashing a green light for the first time since early 2009, suggesting the worst may be over for global equities

  • British day-ahead natural gas prices rise by 5 pct Reuters - UK Focus - Tue, Sep 1, 2015 17:15 BST

    British natural gas prices for day-ahead delivery rose by more than five percent to 40.20 pence per therm on Tuesday. Traders said prices were pushed higher due to expectations of high demand on Wednesday ...

  • As the FTSE 100 falls there are some shares that can still deliver for investors

  • Outage cuts UK's North Morecambe gas sub-terminal flows to zero Reuters - UK Focus - Tue, Sep 1, 2015 13:57 BST

    An unplanned outage at UK's North Morecambe gas sub-terminal cut flows to zero on Tuesday, operator Centrica said. Gas processing capacity was cut due to a "technical process issue" and its duration ...

  • Total Voting Rights Business Wire - Tue, Sep 1, 2015 10:00 BST

    LONDON--(BUSINESSWIRE)-- 1 September 2015 Centrica plc (‘the Company’) Total Voting Rights In conformity with the Disclosure and Transparency Rules (‘the Rules’), we notify the market of the following: ...

  • Yields aren't guaranteed, which is a worry for investors in GlaxoSmithKline (LON: GSK), HSBC Holdings (LON: HSBA), Royal Dutch Shell (LON: RDSB), SSE plc (LON: SSE) And Standard Chartered PLC (LON: STAN)...

  • RWE Innogy near $2 bln UK Galloper wind park deal Reuters - UK Focus - Fri, Aug 28, 2015 10:27 BST

    Germany's RWE (Xetra: 703712 - news) is close to striking a financing deal for its planned 1.3 billion-pound ($2 billion) Galloper UK offshore wind park project, according to one of its executives, as its expansion in renewable energies gathers pace. RWE, Germany's largest power producer, came late to the boom in solar …

  • RWE close to deal for $2 bln UK Galloper wind park Reuters - UK Focus - Fri, Aug 28, 2015 08:13 BST

    Germany's RWE is close to striking a financing deal for its planned 1.3 billion pound Galloper offshore wind park project, according to one of its executives, as the utility's expansion in renewable energies ...

  • BUZZ-Oil and gas producers, services providers: Oil prices rise 7 pct Reuters - UK Focus - Thu, Aug 27, 2015 16:45 BST

    ** U.S.-listed shares of oil and gas producers and services providers rise on Thursday after oil prices rise as much as 7.6 pct, helped by a rally in equity markets and an unexpected fall in U.S. crude ...

  • Is it time to grab the cash from Direct Line Insurance Group PLC (LON: DLG), SSE PLC (LON: SSE) and Aberdeen Asset Management plc (LON: ADN)?

  • Morgan Stanley recommends adding exposure to European stocks Sharecast - Wed, Aug 26, 2015 11:38 BST

    (ShareCast News) - The ongoing weakness in emerging markets and China won't significantly dent the European economy, Morgan Stanley said in its most recent equity strategy note.

  • Igas Energy appoints Julian Tedder as new CFO Sharecast - Wed, Aug 26, 2015 10:43 BST

    (ShareCast News) - Igas Energy has appointed Julian Tedder as chief financial officer and board director of the company with effect from 28 September.

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