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Oracle Power (ORCP) Share News

EARNINGS SUMMARY: Belluscura loss widens; Civitas Social ups payout

29th Jun 2023 13:17

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

IN BRIEF: Oracle Power teams up with Global Green Growth Institute

26th Jun 2023 10:33

Oracle Power PLC - London-based, Pakistan-focused energy projects developer - Enters memorandum of understanding with Seoul-headquartered Global Green Growth Institute, valid for next five years. GGGI will provide Oracle with opportunities to engage with industry stakeholders, to facilitate development and finance green energy projects. Both parties will share knowledge and best practices to promote renewable energy sources in GGGI member and partner countries. GGGI, led by former United Nations Secretary General Ban Ki-moon, aims to promote sustainable development in developing and emerging Asian countries and help them achieve Net Zero goals by 2050. Read More

IN BRIEF: Oracle Power raises funds for green project with Dubai royal

22nd Jun 2023 10:52

Oracle Power PLC - Pakistan-focused energy projects developer - Raises GBP363,000 through placing 323.0 million shares and a subscription for 40.0 million shares, both at 0.1 pence per share. Proceeds will primarily support the advancement of Oracle's green hydrogen project through its joint venture with Sheikh Ahmed Dalmook Al Maktoum and for general working capital purposes. Al Maktoum is Oracle Power's largest investor and has a 70% share in the JV. Trading in London of the fundraising shares is expected to start on or around June 27. Read More

AIM WINNERS & LOSERS: Biome wins contract; Oracle raises GBP363,000

22nd Jun 2023 10:17

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More

LONDON MARKET OPEN: FTSE 100 struggles ahead of anticipated BoE hike

22nd Jun 2023 08:57

(Alliance News) - Stock prices in London opened lower on Thursday, ahead of the Bank of England's interest rate decision at midday, which is expected to result in the central bank's 13th consecutive hike. Read More

Oracle Power inks deal to develop commercial side of Pakistan project

5th Jun 2023 12:41

(Alliance News) - Oracle Power PLC on Monday said that its subsidiary has signed an agreement to develop commercial avenues for a green hydrogen project in Pakistan. Read More

IN BRIEF: Oracle Power aims to add solar and wind to hydrogen project

30th May 2023 18:01

Oracle Power PLC - Pakistan-focused developer of energy projects - Updates on green hydrogen project development. Notes the project steering committee has already held its first meeting. Adds project has taken another major step forward in relation to the completion of the bankable feasibility studies for the 1.2 gigawatt hybrid power grid interconnection and storage architecture for the project. Consultants have been commissioned and funded to conduct power studies, and establish the feasibility of integrating solar and wind energy technologies into the project. The hybrid power study encompassing 700 megawatt solar and 500 megawatt wind power, is expected to be completed by the third quarter. Read More

IN BRIEF: Oracle Power signs deal for Thar power plant in Pakistan

16th May 2023 17:26

Oracle Power PLC - Pakistan-focused developer of energy projects - Signs memorandum of understanding for the off-take and development of its 1.32 gigawatt Thar coal fired power plant in the Sindh Province, Pakistan. Read More

TRADING UPDATES: Rainbow Rare Earths raises GBP7.5 million in placing

9th May 2023 14:45

(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

TRADING UPDATES: Yourgene Health sees revenue above market forecasts

27th Apr 2023 17:35

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

Oracle Power progresses Pakistan project with PowerChina agreement

19th Apr 2023 13:57

(Alliance News) - Oracle Power PLC on Wednesday said that it has signed a cooperation agreement with PowerChina International Group Ltd to develop a one gigawatt solar-based power production plant in Pakistan. Read More

Oracle Power registers land lease with Sindh government in Pakistan

20th Mar 2023 11:09

(Alliance News) - Oracle Power PLC on Monday said the award of its recently acquired land lease has now been registered in the government of Sindh's land registry. Read More

Oracle Power signs green hydrogen project accord with Chinese partner

7th Mar 2023 12:05

(Alliance News) - Oracle Power PLC on Tuesday said it signed a memorandum of understanding with China Electric Power & Technology Co Ltd to potentially develop a green hydrogen project in Pakistan. Read More

IN BRIEF: Coro Energy to appoint Oracle Power CEO as non-exec director

6th Mar 2023 14:32

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

Oracle Power joins Dii Desert Energy to harness emission-free energy

24th Feb 2023 13:07

(Alliance News) - Oracle Power PLC on Friday said it has joined the Dii Desert Energy organisation as an associate partner. Read More

Oracle Power advances its Green Hydrogen project in Pakistan

6th Feb 2023 13:04

(Alliance News) - Oracle Power PLC on Monday said it raised GBP500,000 through a placing to help support its green hydrogen project in Pakistan, for which it also announced a potential supply and delivery agreement. Read More

TRADING UPDATES: Anglo Asian Mining reports mineral resource estimate

19th Dec 2022 17:19

(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

TRADING UPDATES: First Tin gets grant; Shanta Gold hails drill results

28th Nov 2022 21:39

(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

TRADING UPDATES: Aeorema reinstates payout; Resolute upsizes fundraise

14th Nov 2022 19:52

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

IN BRIEF: Oracle Power JV inks deal to collaborate on hydrogen project

26th Oct 2022 11:52

Oracle Power PLC - Cambridge, England-based power and natural resource project developer with focus on Pakistan - Says joint venture company Oracle Energy Ltd signs a non-binding memorandum of understanding with Blue Carbon LLC to collaborate on a decarbonisation roadmap to complement Oracle Energy's green hydrogen project in Pakistan. Read More

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