Category: News

The Hungarian Geothermal Cluster brings together experts from a wide spectrum to develop strategies to utilize the untapped geothermal potential of Hungary. During the inaugural meeting of the Hungarian Geothermal Cluster, Biró Marcell, the president of the Regulatory Authority for Regulatory Activities (SZTFH) announced a five-point strategy to tap the geothermal resources of Hungary. The Hungarian Geothermal Cluster brings together around twenty professional organizations including experts from the broadest spectrum of the profession. It was created with the recognition that knowledge sharing in the detailed issues affecting regulation was necessary to encourage the use of geothermal energy in Hungary. The …

MCF Energy (currently Pinedale Energy) to Acquire Large-Scale Austrian and German Hydrocarbon Assets; Focused on Delivering Domestic Natural Gas for Europe’s Energy Security Highlights: MCF Energy acquires European energy interests, including giant Welchau prospect in Austria to be spudded before Sept 2023; German prospect within a proven gas field Incoming MCF Energy leadership co-founded Europe focused Bankers Petroleum, which grew oil production by 2000% and achieved a peak market capitalization over $2.25 billion, as well as BNK Petroleum, formerly Europe’s largest subsurface landholder of oil and gas leases $8.5 million private placement proposed fully subscribed with commitments from incoming management, …