Natural gas explorer is looking for partners

Deals

Canadian energy giant Falcon Oil and Gas is looking for a partner for its natural gas research in Hungary, as the step following the completion of the first phase of the venture, explained György Szabó, CEO of Falcon’s Hungarian subsidiary TXM Oil and Gas Research Kft.

Falcon Oil and Gas is in talks with MOL, ExxonMobil, Conoco, RWE and with other smaller companies, along with Austrian ÖMV, who also signed the confidentiality agreement but with whom they are currently not in talks with, said Szabó, adding that MOL was even offered a position in the Board. The plans of the Canadian group include the introduction of its shares to the Budapest Stock Exchange. (Gazdasági Rádió)

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.