TRADING UPDATES: Afentra extends deadline; Gama Aviation wins contract
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read moreTue, 18th Jun 2019 08:58
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more(Sharecast News) - Natural resources project developer Oracle Power announced the appointment of Thyssenkrupp Uhde, an "international leader" in engineering, procurement, construction, and service of chemical plants, to lead the technical and commercial feasibility study for the green hydrogen and ammonia project being developed by the company's joint venture Oracle Energy.
Read more(Sharecast News) - Natural resources project developer Oracle Power reported a first-half loss after tax of £0.36m on Friday, widening from £0.3m year-on-year.
Read more(Alliance News) - Oracle Power PLC on Friday reported a widened pretax loss as its variety of different projects progresses.
Read moreOracle Power PLC - Cambridge, England-based power and natural resource project developer with focus on Pakistan - Oracle Power's joint venture company, Oracle Energy, has been issued with a letter of intent from the Directorate of Alternative Energy in Sindh province in Pakistan. The letter of intent relates to the establishment of a 1,200 megawatt hybrid solar, wind and green hydrogen power project. The issuance of the letter of intent follows confirmation of the receipt of a USD600,000 bank guarantee on behalf of Oracle Energy.
Read more(Alliance News) - Oracle Power PLC on Tuesday announced its nomination to develop a strategy to register carbon credits within Pakistan.
Read moreOracle Power PLC - Cambridge, England-based power and natural resource project developer with projects focused on Pakistan - Receives formal approval from the Directorate of Alternative Energy in Sindh, Pakistan for a letter of intent to establish a 1,200 megawatt hybrid solar, wind and green hydrogen power project.
Read moreOracle Power PLC - Cambridge, England-based power and natural resource project developer with projects focused on Pakistan - Says it has advanced further funds with Kaheel Energy FZE for their joint venture company Oracle Energy Ltd, to be used on the green hydrogen project in Pakistan. On August 15, Oracle and Kaheel Energy subscribed for further equity in the joint venture at a price of 10 Pakistani Rupees per share for a total of about GBP1.5 million. Says the JV is being funded on a 70:30 basis by Kaheel Energy and Oracle respectively. HH Private Office's contribution was about GBP1.0 million and Oracle Power's GBP450,000.
Read more(Alliance News) - Oracle Power PLC announced on Friday that it raised GBP500,000 through a placing of 181.8 million shares at a price of 0.275 pence per share.
Read moreOracle Power PLC- Cambridge, England-based power and natural resource project developer with projects focused on Pakistan - Confirms a Letter of Intent will be issued from the Directorate of Alternative Energy of the Government of Sindh regarding a hydrogen power project in Pakistan.
Read moreOracle Power PLC - Cambridge, England-based power and natural resource project developer with projects focused on Pakistan - Says the second quarter of 2022 has "built on and consolidated" the developments made in the first quarter. Notes further excellent results at the Northern Zone Gold Project in Western Australia, with gold recoveries of up to 95% after 24 hours. Continues to advance projects in Pakistan with the signing of two memoranda of understanding, representing an "important step" towards realising its 400 megawatt green hydrogen project.
Read moreOracle Power PLC - Cambridge-based power and natural resource project developer with projects focused on Pakistan - Alongside Kaheel Energy FZE, advances a further GBP390,000 to progress the development of its green hydrogen project in Pakistan, run by joint venture company Oracle Energy Ltd.
Read moreOracle Power PLC - Cambridge-based power and natural resource project developer with projects focused on Pakistan - Signs non-binding memorandum of understanding with Nuvera Fuel Cells LLC to bring green hydrogen fuel cells to the industrial vehicle market in Pakistan.
Read moreOracle Power PLC - Cambridge-based power and natural resource project developer with projects focused on Pakistan - Pretax loss in 2021 narrows to GBP881,879 from GBP1.0 million in 2020, as administrative expenses fall 13% to GBP881,973 from GBP1.0 million. Generates no revenue, unchanged from the year before. Remains "committed" to all its projects. Expects to add value through achieving key milestones.
Read moreOracle 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.
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