(Alliance News) - EnergyPathways PLC said it will submit new hydrogen and natural gas storage licence applications in the east Irish Sea for its flagship MESH project. Read More
(Alliance News) - Zenith Energy Ltd on Friday said the Swiss Federal Supreme Court has accepted its application for an annulment award in an arbitration against the Republic of Tunisia. Read More
Zenith Energy Ltd - oil company with interests in Italy, Tunisia and the US - Signs deal to acquire a solar energy development project located in Puglia, Italy. The total consideration for the deal is EUR875,000, including the purchase of associated land. Zenith has purchased two hectares of land for a first battery energy storage system. "Puglia is among Italy's most favourable regions for solar power generation, benefiting from high solar irradiation levels that deliver a superior economic yield for photovoltaic projects," Zenith says. "The Puglia acquisition consolidates the company's presence in Puglia and complements its existing development pipeline in Piedmont and Lazio. Collectively, these three clusters form a strategically significant solar development portfolio across Italy's most attractive renewable energy generation areas." Read More
(Alliance News) - Zenith Energy Ltd on Monday said its UK subsidiaries have filed final submissions in their arbitration claim against the Republic of Tunisia at the International Centre for Settlement of Investment Disputes in Washington. 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) - Zenith Energy Ltd on Monday said it has received conditional approval to list on the Spotlight Stock Market in Sweden. Read More
(Alliance News) - Zenith Energy Ltd on Wednesday said it has acquired an additional agrivoltaic solar energy development project in the Lazio region of Italy. Read More
(Alliance News) - Zenith Energy Ltd on Friday said the agrivoltaic solar energy project it acquired in Piedmont, Italy, has been reclassified as a 10 megawatt peak project, upgraded from 7 MWp of installed capacity. Read More
(Alliance News) - The following is a round-up of updates and earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Zenith Energy Ltd on Monday said it was "outraged" by a tribunal ruling which rejected its North African subsidiary's USD103 million claim against the Tunisian government. Read More
(Alliance News) - EnergyPathways PLC on Monday said it has awarded a key contract for its flagship MESH project to Zenith Energy Ltd, an Aberdeen-based oil and gas company with assets in Africa and Italy. Read More
Zenith Energy Ltd - Oil and gas company focused on assets in Africa and Italy - Completes private placement in Norway and a debt settlement. Notes participation of Chief Executive Officer Andrea Cattaneo, Chief Financial Officer Luca Benedetto and Non-Executive Director Sergey Borovskiy. Raises approximately GBP2.9 million through issuing 30.3 million shares at NOK1.34, about 0.095 pence. Says this represents a 22% discount to closing price on Euronext Growth Oslo on Friday. Says the proceeds will be used for working capital purposes and any potential funding needs in relation to its international legal arbitrations against the Republic of Tunisia. Says that following admission of the shares Cattaneo, Benedetto and Borovskiy will own 11%, 3.1% and 1.3% of firm's share capital respectively. Read More
(Alliance News) - London's FTSE 100 underperformed against European peers in a quiet final Friday of the year, as eyes were on fashion retailers in the wake of the Christmas period. Read More
(Alliance News) - Zenith Energy Ltd on Friday saw shares rise after the company reported a "favourable" decision in an ongoing lawsuit against the Tunisian government. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Zenith Energy Ltd on Friday confirmed that its fully-owned subsidiary Anglo African Oil & Gas Congo SAU has received payment of approximately EUR30,000 following legal action against SMP Energies. Read More
Zenith Energy Ltd - Oil and gas company focused on assets in Africa and Italy - Announces payment of outstanding notes relating to bond offer announced in January. This attracted significant support and investor participation. Zenith says the remaining outstanding notes will be paid as follows: September 25, in the amount of 20% of the remaining outstanding notes, and October 25, payment of the balance of the remaining outstanding notes and accrued interest. Read More
Zenith Energy Ltd - Oil and gas company focused on assets in Africa and Italy - Says output from Robbana and El Bibane concessions in Tunisia has been irregular due to salary payment delays resulting from non-payment of past production as well as "unexplained obstructions in facilitating crude oil liftings from the Tunisian authorities". Says its working to ensure full payment of salaries and expects to resume full production by August 19 at combined rate of 90 barrels of oil per day. Confirms international lifting of crude oil to take place by end of October. Has 11,500 barrels of crude oil in stock. 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