Coro Energy PLC - South East Asia-focused energy - Says it intends to appoint current chief executive officer of Oracle Power PLC Naheed Memon as a non-executive director. Says Memon has extensive experience in both the public and private sector in Pakistan and internationally. Read More
(Alliance News) - Coro Energy PLC on Tuesday announced legal proceedings against an Italian contractor regarding damages after production was ceased at the Bezzecca gas field in Italy. Read More
(Alliance News) - Coro Energy PLC on Friday said that it has restructured its arrangements with partners in the Philippines to up its dividend entitlements, as it prepares to further develop projects in the region. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Coro Energy PLC on Friday entered a three-month period of exclusivity with the shareholders of KIMY Trading & Service Joint Stock Co to acquire its leased rooftop solar portfolio in Vietnam. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(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
(Alliance News) - Coro Energy PLC on Friday reported a jump in revenue from its Italy-based operations despite a drop in gas production. Read More
Coro Energy PLC - London-based gas explorer - Says the Philippines Department of Energy has endorsed its first 100 megawatt wind project. Says the area of interest is its onshore Oslob Wind Power Project in Oslob, Cebu, which covers a 4,617 hectare area. Adds that the area has now been authorised to proceed with the filing of a wind energy service contract application. The company expects to file the application, which reserves the area of interest, to the Philippines Department of Energy prior to the end of November 2022. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Coro Energy PLC on Friday announced a narrowed interim loss amid surging revenue. Read More
(Alliance News) - Coro Energy PLC and Empyrean Energy PLC said Friday its partners on the Mako gas project in Indonesia have approved an updated plan of development. Read More
Coro Energy PLC - London-based gas explorer - Completes installation of three-megawatt rooftop solar pilot project in Vietnam, which consists of 4,500 solar panels covering an area of 16,120 square metres. Read More
Coro Energy PLC - London-based gas explorer - Signs an option agreement with an unnamed operator in Italy, who will buy the company's Italian gas asset portfolio. Says the operator will pay up to EUR7.5 million for the portfolio, of which EUR6.0 million would be paid in cash at or before completion. Coro says the portfolio was relaunched earlier this year following gas price rises, and that it has delivered "significant free cash flows". Read More
Coro Energy PLC - London-based gas explorer - Says its Italian portfolio grew gas production by 69% to 1.6 million standard cubic meter in the second quarter of 2022 from 945,100 scm in the previous quarter. Revenue amounted to EUR1.6 million in the period, up 86% from EUR859,900, quarter-on-quarter. Revenue for the first half totals EUR2.4 million, while production totals 2.6 million scm. Says the production increase in the second quarter reflects a restart of production in March, as well as "various production enhancement initiatives." Read More
Coro Energy PLC - London-based gas explorer - In 2021, narrows pretax loss to USD6.5 million from GBP8 million the previous year. Total assets at December 31 fall to USD30.4 million from USD31.2 million. Notes a recovery in oil and gas prices during the year, but adds that investor sentiment towards junior oil and gas companies "lagged somewhat". Production from its Italian gas fields generate USD200,000 in gross profit, swinging from a USD200,000 loss in 2020. Read More
Coro Energy PLC - London-based gas explorer - Produces an average of 18,500 standard cubic metres of gas per day since the resumption of production at its Sillaro, Rapagnano, and Casa Tiberi projects in Italy on June 6. Revenue for the month of May totals EUR583,000. Company is gradually increasing production at Sillaro and is confident of sustaining increased production at the site despite high temperatures anticipated in the summer. Also expects production increases at Rapagnano following reperforation in summer. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More