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IN BRIEF: Oracle Power JV signs deal to support green hydrogen project

Wed, 15th Jun 2022 12:49

Oracle Power PLC - London-based power and natural resource project developer with projects focused on Pakistan - Reports that its joint venture, Oracle Energy Ltd, has signed a non-binding memorandum of understanding with Jiangsu Guofu Hydrogen Energy Equipment Co Ltd. The deal seeks to explore hydrogen storage and hydrogen refuelling infrastructure opportunities. These opportunities will then support the commercialisation of Oracle Energy's 400 megawatt green hydrogen project in Pakistan.

Current stock price: 0.28 pence, up 1.1% in London

12-month change: down 43%

By Heather Rydings; heatherrydings@alliancenews.com

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12 Aug 2019 13:14

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16 Jul 2019 14:29

Oracle Power Former CEO Khan Steps Down As Executive Director

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10 Jul 2019 11:20

Oracle Power Withdraws Another GBP50,000 Of Brandon Hill Loan

(Alliance News) - Oracle Power PLC on Wednesday said it has received another GBP50,000 tranche of its loan with Brandon Hill Capital Ltd.The company is currently developing a combined coal

2 Jul 2019 12:20

Oracle Power Pays Registration Fee For Thar Coal Project Application

(Alliance News) - Oracle Power PLC said Tuesday that USD50,000 has been submitted to the Private Power Infrastructure Board in Pakistan as a registration fee for processing the application for a a

18 Jun 2019 12:27

Oracle Power Annual Loss Shrinks But Will Need More Funding In 2019

(Alliance News) - Oracle Power PLC on Tuesday posted a narrowed loss for 2018 after a drop in administrative expenses and finance costs but said it will need more funding in 2019.The pretax

18 Jun 2019 08:58

Oracle Power's losses shrink but more funding required

(Sharecast News) - Oracle Power on Tuesday reported a narrowed full-year loss after clamping down on costs, though admitted that it will require more funding when it exhausts a new short-term working capital loan facility.

5 Jun 2019 09:52

Oracle Power Shares Down After Revised Thar Project Development Plan

LONDON (Alliance News) - Shares in Oracle Power PLC dropped on Wednesday after discussions over the Thar coal project in Pakistan with its Chinese partners have led to a change in how the project

5 Jun 2019 08:36

Oracle Power plans to develop Pakistani power plant in single phase

(Sharecast News) - Energy developer Oracle Power has reached an agreement with Beijing Jingneng Power and PowerChina over how best to proceed with its coal mine and mine mouth power plant in the south-eastern Sindh Province of Pakistan.

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IN BRIEF: Oracle Power JV signs deal to support green hydrogen project

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