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Pin to quick picksChariot Ltd Share News (CHAR)

Share Price Information for Chariot Ltd (CHAR)

London Stock Exchange
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Share Price: 8.39
Bid: 8.38
Ask: 8.60
Change: -0.26 (-2.97%)
Spread: 0.22 (2.625%)
Open: 8.81
High: 8.81
Low: 8.30
Prev. Close: 8.75
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Air Products, Gunvor plan to build hydrogen terminal in Rotterdam

Tue, 28th Jun 2022 14:41

AMSTERDAM, June 28 (Reuters) - Air Products and Gunvor have signed a joint development agreement to build a green hydrogen import terminal in Rotterdam port by 2026, they said on Tuesday.

Green hydrogen is produced using renewable power and is viewed as important for the transition to cleaner energy.

The agreement, which is not a final investment decision, is the second statement of intention this year to build such a terminal, this one at Gunvor's site in the Europoort industrial area of the port.

The companies' plan is to receive ammonia generated from renewable sources outside the Netherlands and convert it to hydrogen at the site before distributing it into the Netherlands, Germany and Belgium, they said in a joint press release.

They did not disclose possible costs, but said they would seek funding as an "Important Project of Common European Interest", a designation that exempts projects from European Union state aid rules.

In April, Dutch gas network operator Gasunie, storage company Vopak NV and HES International BV said they would develop a similar ammonia terminal at Rotterdam port, also by 2026.

Gasunie has said it is spending 4 billion euros ($4.2 billion) over 7 years to develop Dutch hydrogen infrastructure, including the ACE terminal.

Also in April, the port of Rotterdam and Chariot Ltd said they would cooperate to set up supply chains to import green hydrogen and ammonia to Rotterdam from Mauritania.

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10 Apr 2024 08:32

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(Alliance News) - Energean PLC on Wednesday announced it has completed a partnership deal in Morocco with Chariot Ltd, after receiving clearance from Moroccan authorities.

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10 Apr 2024 07:21

Energean completes farm-of Morocco licences with Chariot

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18 Mar 2024 19:20

TRADING UPDATES: Chariot mulls future of Transitional Power business

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18 Mar 2024 12:49

Chariot to review transitional power division

(Sharecast News) - Chariot announced a strategic review of its transitional power division on Monday, in a move aimed at optimising its operations and maximising shareholder value.

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11 Mar 2024 16:40

IN BRIEF: Chariot completes feasibility study at Nour hydrogen project

Chariot Ltd - Africa-focused transitional energy company - Completes feasibility study at its "Project Nour" large-scale green hydrogen venture in Mauritania. Nour is a 50:50 joint venture between Chariot's subsidiary Chariot Green Hydrogen and TE H2, a company owned by TotalEnergies SE and Eren Group SA. The next steps for the project include the completion of an investment framework, an engineering conceptual study, and offtake negotiations.

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5 Feb 2024 13:16

Chariot gets fresh approval for Loukos drilling campaign

(Sharecast News) - Africa-focussed energy company Chariot announced on Monday that it has successfully secured approval for its environmental impact assessment (EIA) from the Unified Regional Investment Committee for the Loukos drilling campaign.

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31 Jan 2024 18:15

TRADING UPDATES: Creo unveils product in APAC; Unilever hires director

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Chariot eyes Moroccan approvals; first drilling to start this quarter

(Alliance News) - Chariot Ltd on Monday said that it expected several regulatory approvals shortly, as it reported excitement about its opportunities within its power and hydrogen businesses.

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10 Jan 2024 15:16

Director dealings: Chariot CEO raises stake

(Sharecast News) - Chariot revealed on Wednesday that chief executive Adonis Pouroulis had acquired 385,682 ordinary shares in the AIM-listed transitional energy company.

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18 Dec 2023 18:33

EARNINGS AND TRADING: Goldplat profit tumbles despite revenue jump

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Chariot ups stake in Etana Energy to 49pc

(Sharecast News) - Chariot announced an increase in its stake in the South African electricity trading company Etana Energy on Monday in collaboration with H1 Holdings.

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7 Dec 2023 10:51

Energean pairs with Chariot to enter Morocco offshore gas market

(Alliance News) - Energean PLC announced a farm-in agreement with Chariot Ltd on Thursday, the FTSE 250 listing's first foray into Morocco.

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EARNINGS AND TRADING: Kromek wins deals; First Class Metals optimistic

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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19 Sep 2023 11:37

Chariot touts progress despite seeing shares fall on first half losses

(Alliance News) - Chariot Ltd on Tuesday said that it has continued to progress across all workstreams, despite reporting comprehensive losses for the first half of the year.

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