Alkane Energy Plc. (ALK.L) announced an update on trading ahead of the year end for the period to 31 December 2009. Trading results for the first 11 months of the year have been very positive with revenue increasing by 22% compared to the same period in 2008. The board expects that its results for the year to 31 December 2009 will be broadly in line with market expectations.
Alkane also announced the appointment of Joseph Darby as a Non-Executive Director of the Company, effective from 1 January 2010.
In addition, Alkane announce a collaboration agreement with TEG Group PLC, which develops and operates organic compositing and energy plants. As partners, Alkane and TEG will jointly bid for a range of anaerobic digestion facilities where TEG will provide waste contract and management services and Alkane will provide gas to power capabilities.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.