Coro Energy resumes gas production at Sillaro in Italy
Coro expects to generate in excess of €5mln per annum of free cash flow from its Italian portfolio
Company
LON:CORO
Coro Energy PLC is a South East Asian focused energy company with a growth strategy centred on low-carbon energy investments, supported by a high-quality gas asset. The company's regional growth strategy is underpinned by a 15% interest in the Duyung PSC, containing the 495 Bcf (2C gross) Mako gas field, located offshore Indonesia. Coro also has interests in proposed solar and wind projects in the Philippines.
111 stories · page 5 of 6
Coro expects to generate in excess of €5mln per annum of free cash flow from its Italian portfolio
The company sees ‘solid’ near-term cash flows supporting its growth plans in South East Asia.
Regulatory approvals were required by February 26 and are yet to be granted by the Italian authorities.
The company will be able to own up to 85% of new rooftop solar projects through the agreement
With an exciting portfolio of clean energy projects the company says it is "well placed"
“This transaction enables Coro to secure access to a significant portfolio in Vietnam which should see cash generative projects with short development cycles,” the broker said in a note.
Archive
Market Update: Monday 12 July 2021 Coro Energy (AIM:CORO): Coro enters in the Vietnamese renewables space Helium One (AIM:HE1): Further Helium gas shows detected during drilling SDX Energy (AIM:SDX): 1H 2021 trading update underlines robust
“We are delighted to continue rapidly building our clean energy portfolio alongside the progress we are making on our utility scale projects in the Philippines," said Mark Hood
Archive
The rumour merchants on Opec stability were out in force yesterday as so-called experts were quick to talk of an Opec+ break-up. Their concerns, which tended to go from No deal = no new oil yesterday to No deal = a free for all today. But t
The new tie-up validates Coro's initial buy-in to ion and likely underpins a significant uplift in the value of that investment, according to chief executive Mark Hood
ion Ventures is teaming up with the GLIL Infrastructure Fund
The company is looking forward to multiple value catalysts in the coming period.
The company is focused on its energy transition strategy in South East Asia
“We have an exciting, blended portfolio of energy assets, with our operated renewable energy portfolio sitting alongside our investments in the non-operated Duyung PSC and ion Ventures," James Parsons said.
"This is an exciting time for Coro Energy," said chief executive Mark Hood.
Company Q&A - Coro Energy chairman James Parsons provides insights into the company, energy transition and 'ESG energy'.
Oil Price News Shell will halve the crude oil processing capacity of its largest wholly owned refinery in the world, Pulau Bukom in Singapore, as part of its ambition to be a net-zero emissions business by 2050 Pulau Bukom hosts the largest
Archive
Oil price It looked like the rally was going to be better than it was yesterday, when I signed off the blog I noted a gain of ‘over a dollar’ as the markets assessed tariffs and the Opec+ meeting. Indeed the Saudi mantra for ‘deeper cuts’ l
"We are very pleased with the flow test results announced today and the appraisal results overall from this drilling campaign," said Coro chief executive James Menzies.