Alkane Energy plc (ALK.L) announced a 12 month tolling contract with energy supply company GDF SUEZ Energy UK. Under the tolling contract Alkane will assign 7MW of excess capacity to GDF SUEZ, provided by its sites at Markham and Shirebrook. The agreement will generate revenues for Alkane of approximately £300 thousand.
Under the tolling contract, Alkane will effectively rent the capacity to GDF SUEZ in return for a standard fee. Using natural gas as the fuel, GDF SUEZ will determine the engine running regime and be responsible for the running costs of the production.
In addition Alkane has entered into a 12 month sales agreement with GDF SUEZ for output of circa 2MW from our CMM reserves at Shirebrook.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.