Star Energy agrees to sell loss-making Croatian geothermal subsidiary

24th Apr 2026 14:29

(Sharecast News) - Star Energy Group agreed on Thursday to sell its loss-making Croatian geothermal subsidiary, IGeoPen, to fellow investor Enna Geo in a transaction that would release €5.2m of restricted cash and sharpen the AIM-traded energy company's focus on its profitable UK onshore operations.

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Star Energy reports lower-than-expected 2025 production

25th Feb 2026 12:34

(Sharecast News) - Star Energy Group reported lower-than-expected 2025 production on Wednesday, but said it strengthened cost discipline and liquidity as it prepares for modest output growth in 2026.

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Star Energy on track to meet full-year production guidance

19th Jun 2025 15:07

(Sharecast News) - Star Energy confirmed on Thursday that it remains on track to meet its full-year production guidance of around 2,000 barrels of oil equivalent per day, as it continued to optimise its UK oil and gas operations while expanding its geothermal energy platform.

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Star Energy enters geothermal heating partnership with Veolia

6th May 2025 12:20

(Sharecast News) - Star Energy announced on Tuesday that it has entered into a memorandum of understanding with French infrastructure conglomerate Veolia to jointly develop large-scale geothermal heating projects in the UK, targeting the decarbonisation of heat supply for district heating schemes, commercial properties, hospitals, education campuses and industrial processes.

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Star Energy increases A14 stake to 71pc

3rd Jan 2025 13:15

(Sharecast News) - Star Energy Group announced on Friday that it has increased its ownership stake in A14 Energy to 71%, through the acquisition of an additional 20% of the company's issued share capital from joint venture partner Peninsula International.

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Star Energy on track to meet full-year production goal

14th Dec 2023 13:08

(Sharecast News) - Star Energy said in a trading update on Thursday that it was on course to meet its full-year production goal of 2,090 barrels of oil equivalent per day (boepd).

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Star Energy mobilises drill rig to Ernestinovo

12th Dec 2023 15:52

(Sharecast News) - Star Energy announced the mobilisation of a drill rig to its recently constructed well pad on the Ernestinovo Licence in eastern Croatia on Tuesday.

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Star Energy wins two geothermal licences in Croatia

4th Oct 2023 14:22

(Sharecast News) - Star Energy announced on Wednesday that its Croatian subsidiary has been awarded two geothermal licences by the Croatian Hydrocarbon Agency, further extending its geothermal exploration endeavours in the region.

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Star Energy buys majority stake in Croatian project developer

29th Aug 2023 14:00

(Sharecast News) - Star Energy announced the acquisition of a 51% stake in A14 Energy on Tuesday, through its subsidiary GT Energy Croatia (GTEC), for total cash consideration of €1.3m.

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Supply chain crunch could prove a boon for Starcom

22nd Oct 2021 09:48

(Sharecast News) - Wireless tracking and protection technology company Starcom reiterated in a trading update on Friday that there were "strong signals" that business was starting to revive, as it had a "strong pipeline" of potential new business.

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Starcom results 'stable' despite pandemic challenges

27th Aug 2021 13:16

(Sharecast News) - Wireless internet-of-things (IoT) technology company Starcom reported a 3% fall in revenues in its first half on Friday, to $2.27m.

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Starcom swings to a FY loss as both margins and revenues contract

10th Feb 2021 09:00

(Sharecast News) - Asset tracking solutions provider Starcom said on Wednesday that it had swung to a loss in 2020 as both margins and revenues contracted during the year.

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Starcom revenues 'significantly' hit by Covid-19

15th Oct 2020 10:38

(Sharecast News) - Internet-of-Things solutions provider Starcom said on Thursday that revenues had been "hit significantly" by the Covid-19 pandemic.

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Starcom inks supply and support agreement with US shipping service

19th Feb 2020 08:43

(Sharecast News) - Internet-of-things solutions developer Starcom has entered into a new three year supply and support agreement with US shipping service CubeMonk.

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Starcom reports significant year-on-year growth

3rd Feb 2020 10:56

(Sharecast News) - Media agency Starcom expects full-year results to show a year-on-year improvement thanks to some significant revenue growth throughout the period.

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