• EuroGas Inc., Vienna, Austria, has acquired a 58.5% interest in Medusa Oil & Gas, a subsidiary of Ramco Energy Plc and committed to a $12-million exploration program on Medusa's concessions in the Polish Carpathians during 2002. • Tyumen Oil Co., Moscow, and Itera have agreed to establish a joint venture based on the assets of the gas-producing company Rospan, which is in bankruptcy. Itera will have a 56% interest and Tyumen Oil, 44%. • Equatorial Energy Inc., Calgary, did not close the sale of its Indonesian assets as previously announced. The company is continuing negotiations. -Crystal Cleveland-Kappes
Recommended Reading
GOP House Members Lobby for Canceled New York Pipeline Project
2024-12-06 - Republican representatives penned a letter to New York Governor Hochul, expressing criticism of the opposition to the Northern Access Pipeline.
Appeals Court Rules in Favor of FERC-Permitted Indiana NatGas Line
2025-01-08 - “As night follows day, an environmental challenge follows the approval of a natural gas pipeline,” a Court of Appeals, D.C. Circuit panel said in ruling in favor of a Boardwalk Pipeline expansion project.
Analysts: DOE’s LNG Study Will Result in Few Policy Changes
2024-12-18 - However, the Department of Energy’s most recent report will likely be used in lawsuits against ongoing and future LNG export facilities.
Goldman Sachs’ $150MM Claim Against Energy Transfer Dismissed
2025-01-30 - Goldman Sachs and a group of Canadian investors had brought the suit related to ET’s Revolution pipeline.
Electrigen, Hyliion to Partner on Methane Emissions Reduction Project
2025-01-22 - ElectriGen and Hyliion Holdings Corp.’s methane emissions reduction project has been awarded $6 million by the Department of Energy. Hyliion’s Karno generators can use wellhead gas to produce low-emission electricity.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.