Fintech PR
How Europe Can Win the Energy War With Russia

FN Media Group Presents Oilprice.com Market Commentary
LONDON, March 8, 2024 /PRNewswire/ — Natural gas is now back in fashion in a very big way and the new mantra is that domestic sources in combination with renewable energy are the only true answer to energy security. Companies mentioned in this release include: Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR), Ecopetrol S.A. (NYSE:EC), Devon Energy Corporation (NYSE:DVN), Chesapeake Energy Corporation (NYSE:CHK), Kinder Morgan, Inc. (NYSE:KMI)
In early February, Germany earmarked $16 billion for the construction of four natural gas power plants to complement a renewable energy expansion push. And Austria has recently made its largest natural gas discovery in four decades—enough to increase its domestic production by 50%.
All of this pinpoints Europe as one of the best and most exciting places to be for new energy opportunities, and that means huge opportunities for companies to come in and develop gas fields that were overlooked by the supermajors, who have taken to chasing bigger things in offshore frontiers.
Below are two companies well-positioned to take advantage of the new energy security atmosphere in Europe:
#1 MCF Energy (MCF.V; MCFNF.QX)
Small-cap MCF Energy, backed by veteran explorer and producer, Ford Nicholson, is convinced that this is the right atmosphere in which to foster European energy security through domestic natural gas production.
Germany and Austria are key venues for this, and MCF is tapping into five key prospects several of which have had wells that have produced or are capable of producing gas from , three previous discoveries.
MCF Energy is the first new public company consolidating major exploration projects in Europe, and it’s the first since Russia invaded Ukraine to offer investors an opportunity to help build domestic natural gas resources in Germany and Austria.
The company is targeting large-scale natural gas exploration and production here, with two drills in the next several months, the first of which has already begun in Austria, in the Welchau prospect near the Austrian Alps.
Strategically located only 18 kilometers from a pipeline, Welchau is adjacent to an up-dip from a discovery that intersected at least a 400-meter gas column previously. According to MCF, all elements are in place here for a significant discovery.
MCF management has indicated an intent to move its drill bit after the well at Welchau within a matter of weeks from Austria into Germany, in the Lech prospect, where it will re-enter a well previously drilled by Mobil (now Exxon) in the ’80s, with proven gas and oil.
Thanks to its 100% acquisition of German Genexco last year, MCF Energy is now ready to drill down for some much-needed domestic energy resources for Germany.
MCF’s second drill, planned for March, is in Bavaria, which is home to the company’s Lech and East Lech concessions, which cover 10 sq km and 100 sq km, respectively. Lech has three previously drilled wells and two discoveries. Adjacent to this, Lech East, in southwest Bavaria, is a large-scale concession covering ~100 square kilometers, with significant 3D seismic and AI showing more potential ahead of MCF Energy’s planned 4.6-million-euro exploration program.
At Lech, MCF will re-enter Mobil’s former Kinsau #1 well, adapting new drilling technology and eventually horizontal wells to stimulate the hydrocarbons that are already known to exist. Mobil established production rates of over 24 MMCF per day of natural gas with associated condensate from the Kinsau #1 in the ’80s. Mobil was exploring for oil so never developed the gas discovery. The second well drilled by Mobil found oil in a deeper zone which produced at about 180 BOPD with associated gas but with low oil prices was also never developed.
This well, being a re-entry of a proven, previously drilled hole could translate into quick cash flow for MCF Energy, and one hit could flare out into multiple development zones for each well.
About a week into a 40-day drill in Austria and only several months away from its first drill into Germany’s proven resources, MCF Energy (MCF.V; MCFNF.QX) is convinced it’s on track for a hit that could give Germany a partial domestic solution to its ongoing energy security problems.
#2 BP Plc
What BP brings to the table is more significant than ever for European energy security. In mid-February, BP (as the key player in the Shah Deniz consortium) flipped the switch on its Shah Deniz 2 gas development in the Caspian Sea with first production.
This massive project, offshore Azerbaijan, currently has a production capacity of around 79 million standard cubic meters of gas per day (29 billion per year).
Late last year, Azerbaijan said it was on target to double gas exports to Europe by 2027, having exported over 8 billion cubic meters of gas to Europe in 2021, and with 12 billion cubic meters targeted for 2023.
Last summer, BP signed a long-term LNG supply deal with Austria’s OMV (OMV) in bid said to help improve European energy security in the aftermath of Russia’s 2022 invasion of Ukraine.
BP is banking on being a key player in the European energy security game, now, and the only thing dampening this outlook right now is the Biden Administration’s move in January to pause new LNG projects in the U.S.
Bonus: 5 More Companies Looking To Capitalize on the Energy Bull Market
Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR), widely known as Petrobras, stands as Brazil’s flagship in the global energy landscape, chiefly engaging in the exploration, production, and distribution of oil and natural gas. Notably, Petrobras has pivoted towards leveraging its vast oil reserves and cutting-edge deep-water exploration capabilities to assert a stronger presence on the international stage, including potential markets in Europe.
Moreover, the company’s strategic investments in offshore pre-salt oil fields, which yield low-sulfur content crude, align well with Europe’s stringent environmental standards, potentially giving Petrobras an edge in European markets.
Ecopetrol S.A. (NYSE:EC), Colombia’s national oil company, has expanded its operational horizon beyond the Americas, eyeing the global stage with its diversified portfolio of energy assets. As Europe grapples with energy security and seeks to diversify its energy imports, Ecopetrol’s potential as a supplier of crude oil and derivative products to European markets becomes increasingly significant.
Ecopetrol’s strategic initiatives, such as exploring new reserves and enhancing its refining capabilities, position the company to respond adeptly to the rising demand in Europe for cleaner fuels and reliable energy sources.
Devon Energy Corporation (NYSE:DVN), a leading American oil and natural gas exploration and production company, primarily operates within North America’s most prolific basins. However, the evolving dynamics of the global energy market, particularly Europe’s increasing reliance on LNG and the quest for diversified energy sources could position Devon as a beneficiary of heightened demand and favorable pricing, especially for its LNG and natural gas products.
As Europe accelerates its transition towards greener energy sources amidst geopolitical tensions affecting traditional supply lines, Devon’s potential to export LNG to European markets could see a significant uptick.
Chesapeake Energy Corporation (NYSE:CHK), re-emerging as a leaner and more focused entity, has positioned itself as a key player in the United States’ natural gas and oil sectors, particularly in the Marcellus Shale and Haynesville formations. With Europe’s intensified search for alternative energy sources to diversify away from Russian gas, Chesapeake’s role as a significant natural gas producer positions it advantageously to capitalize on this demand surge.
Chesapeake’s strategic focus on technological innovation and operational efficiency enhances its ability to respond swiftly to international market demands. As European nations increasingly turn to LNG to ensure energy security and transition towards greener fuels, Chesapeake could see an expansion in its international footprint through potential exports or partnerships with European energy firms.
Kinder Morgan, Inc. (NYSE:KMI) stands as one of the largest energy infrastructure companies in North America, with a vast network of pipelines and terminals that could play a pivotal role in meeting Europe’s increasing demand for natural gas and LNG. As Europe seeks to secure stable and diversified energy supplies, Kinder Morgan’s infrastructure and operations in LNG export terminals, notably the Elba Island LNG facility, are well-poised to support this demand.
The heightened interest in LNG as a bridge fuel in Europe, amid the transition to renewable energy, underscores the potential for Kinder Morgan to strengthen its presence in the global LNG market.
By. Josh Owens
**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
Forward-Looking Statements
This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that large oil and gas companies will continue to focus on offshore natural gas resources; that domestic onshore natural gas assets in Europe will provide a more affordable energy source than offshore resources; that demand for natural gas will continue to increase in Europe and Germany; that Russia will not supply the majority of natural gas in Germany and Europe; that natural gas will continue to be utilized as a main energy source in Germany and other European countries and demand for natural gas, and in particular domestic natural gas, will continue and increase in the future; that MCF Energy Ltd. (the “Company”) can replicate the previous success of its key investors and management in developing and selling valuable energy assets; that the natural gas projects of the Company will be successfully tested and developed; that the Company can develop and supply a safe, domestic source of energy to European countries; that natural gas will be reclassified as sustainable energy which will support the development of the Company’s assets; that imports of liquified natural gas will not be sustainable for Europe and that European countries will need to rely on domestic sources of natural gas; that the Company expects to obtain significant attention due to its upcoming drilling plans combined with Europe desperate for domestic natural gas supply; that the upcoming drilling on the Company’s projects will be successful; that the Company’s projects will contain commercial amounts of natural gas; that the Company can finance ongoing operations and development; that the Company can achieve its business plans and objectives as anticipated. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that large oil and gas companies will start focusing on the development of domestic natural gas resources; that the natural gas resources of competitors will be more successful or obtain a greater share of market supply; that offshore liquified natural gas assets will be favored over domestic resources for various reasons; that alternative technologies will replace natural gas as a mainstream energy source in Europe and elsewhere; that demand for natural gas will not continue to increase as expected for various reasons, including climate change and emerging technologies; that political changes will result in Russia or other countries providing natural gas supplies in future; that the Company may fail to replicate the previous success of its key investors and management in developing and selling valuable energy assets; that the natural gas projects of the Company may fail to be successfully tested and developed; that the Company’s projects may not contain commercial amounts of natural gas; that the Company may be unable to develop and supply a safe, domestic source of energy to European countries; that natural gas may not be reclassified as sustainable energy or may be replaced by other energy sources; that the upcoming drilling on the Company’s projects may be unsuccessful or may be less positive than expected; that the Company’s projects may not contain commercial amounts of natural gas; that the Company may be unable to finance its ongoing operations and development; that the Company can achieve its business plans and objectives as anticipated; that the Company may be unable to finance its ongoing operations and development; that the business of the Company may be unsuccessful for various reasons. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.
DISCLAIMERS
This communication is for entertainment purposes only. Never invest purely based on our communication. We have not been compensated by MCF Energy Ltd. for this article but may in the future be compensated to conduct investor awareness advertising and marketing for MCF Energy Ltd. While the opinions expressed in this article are based on information believed to be accurate and reliable, such information in our communications and on our website has not been independently verified and is not guaranteed to be correct. The content of this article is based solely on our opinions which are based on very limited analysis and we are not professional analysts or advisors.
SHARE OWNERSHIP. The owner of Oilprice.com owns shares of MCF Energy Ltd. and therefore has an incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of MCF Energy Ltd. in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. Accordingly, our views and opinions in this article are subject to bias, and why we stress that you should conduct your own extensive due diligence regarding the Company as well as seek the advice of your professional financial advisor or a registered broker-dealer before you consider investing in any securities of the Company or otherwise.
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Fintech PR
Trackunit announces investment from Goldman Sachs Alternatives

AALBORG, Denmark, Feb. 10, 2025 /PRNewswire/ — Trackunit, a global leader in software and contech solutions for the construction industry, has today announced it has attracted investment from Goldman Sachs Alternatives.
The investment will mark the next chapter in Trackunit’s ambitious growth journey and will see current majority stakeholder Hg, a leading investor in European and transatlantic software and service businesses, continue to reinvest in the construction technology company’s future.
Goldman Sachs Alternatives previously owned Trackunit from 2015 until 2021 when Hg acquired the business.
“We are thrilled to partner once again with Trackunit’s leadership team, along with Hg, to build on their success and drive even greater impact for customers globally,” said Michael Bruun, Partner and Global Co-Head of Private Equity at Goldman Sachs Alternatives. “We see significant potential in continuing to scale the business and further embedding digital solutions across the construction ecosystem.”
Trackunit is at the forefront of the digital transformation of the construction sector, offering a verticalized operating data platform, which generates valuable data-driven insights via an industry leading data lake.
“We have built a strong foundation together with Hg, advancing our offerings and working together with customers to eliminate downtime in construction,” said Soeren Brogaard, CEO of Trackunit. “The reinvestment from Hg, alongside the new and proven partnership with Goldman Sachs Alternatives, positions us to scale even faster.
“We remain fully committed to our purpose, and with Goldman Sachs Alternatives’ expertise and global reach, we are excited to accelerate innovation and growth for our customers and partners worldwide.”
Trackunit’s software and IoT connectivity solutions uniquely support the entire construction ecosystem, serving equipment manufacturers, rental companies, contractors and ecosystem tech partners, integrating the off-highway vehicle, connected site, and mobile workforce. Trackunit serves a global diversified customer base spanning the full construction value chain and has approximately 400 employees.
“Trackunit is a prime example of how data-rich software businesses can capitalize on their structural data advantage through AI and continue to expand their customer proposition,” Nick Jordan, Partner and Soren Holt, Director at Hg, said. “Our investment in this business has been about fostering this innovation and scaling a category-leading SaaS business.
“We are pleased to continue supporting Trackunit alongside Goldman Sachs Alternatives, ensuring the company has the resources and expertise to realize its long-term purpose and industry-changing ambitions.”
During Goldman Sachs Alternatives previous ownership period, it leveraged its global network and differentiated value creation capabilities to support meaningful expansion of the company’s product capabilities and operations.
With Goldman Sachs Alternatives and Hg, Trackunit has an ideal shareholder base to continue investing in cutting-edge product development, technology, people and further expansion as part of its mission to eliminate downtime in the construction industry.
The transaction is expected to close in early Summer.
About Trackunit
Trackunit is a global technology company that connects construction through one platform to create a living, evolving ecosystem that delivers data and insights to the off-highway sector. With circa 3.5 million visible assets connected, it uses technology to eliminate downtime, improve safety, and help customers improve the bottom line in a sustainable, cost-effective way.
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For further information, please visit: https://trackunit.com/
About Private Equity at Goldman Sachs Alternatives
Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $500 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, private credit, real estate, infrastructure, hedge funds, and sustainability. Goldman Sachs has over $3 trillion in assets under supervision globally as of December 31, 2024. Established in 1986, Private Equity at Goldman Sachs Alternatives has invested over $75 billion since inception. The business combines a global network of relationships, unique insight across markets, industries and regions, and the worldwide resources of Goldman Sachs to build businesses and accelerate value creation across its portfolios.
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Fintech PR
MIDEUROPA-BACKED DIAGNOSTYKA MAKES ITS WARSAW STOCK EXCHANGE DEBUT

LONDON, Feb. 10, 2025 /PRNewswire/ — MidEuropa, a leading private equity investor with deep roots in Central Europe, announces that its portfolio company, Diagnostyka, a leading provider of medical diagnostic services in Poland, has debuted on the Warsaw Stock Exchange on Friday, February 7, 2025.
The market closing price on the first day of trading puts Diagnostyka’s market capitalisation at over €1 billion. Diagnostyka thus ranks as the second-largest publicly listed healthcare services provider in Central Europe and among the top seven largest listed sector players in Europe.
At the IPO share price of PLN 105, which was at the top of the price range, the share offering raised gross proceeds of just over €400 million for MidEuropa fund investors. The offering attracted significant interest from international and domestic investors. The retail tranche, which represented 5% of the total offering, was also met with strong demand, resulting in an order reduction rate of 94%.
Diagnostyka, founded by its CEO together with two co-founders 27 years ago, has enjoyed impressive and sustained growth throughout its history. Thanks to a well-executed buy-and-build consolidation strategy, coupled with investments in large-scale and technologically advanced laboratory infrastructure and digitalisation, Diagnostyka has gradually transformed from a regional, founder-led business into a national champion. Its scale and comprehensive scope of service ensure the Company plays a critical role in offering good and expanding access to diagnostic services to the over 20 million patients it serves annually.
Matthew Strassberg, MidEuropa Partner and Head of Healthcare, said: “The significant interest from international and domestic investors in Diagnostyka’s share offering validates the Company’s focused strategy and long-standing track record of consistently strong execution. We feel privileged to have had an opportunity to contribute to the Company’s journey, serving early on as a catalyst for the acceleration of Diagnostyka’s transformation into the clear market leader in the Polish diagnostic healthcare services. During our investment, the Company expanded through over 120 acquisitions, driving consistent revenue growth of 24 per cent per annum, and increasing the number of laboratory tests by a factor of eight. We are confident that Diagnostyka has a great future, and we wish the Company, its founders and the entire management team continued success.”
Dr Jakub Swadzba, CEO and co-Founder of Diagnostyka, commented: “We want to thank MidEuropa for their constructive, value-add support during our 13-year partnership. MidEuropa’s investment, which has lasted nearly half of our Company’s history, has been transformational. As a management team we have grown and evolved with our business and now feel energised and look forward to the new chapter of working with the public market investors.”
The listing of Diagnostyka represents one of the largest IPOs on the Warsaw Stock Exchange in the last five years and among the largest private equity investor exits on the public market. It follows MidEuropa’s successful IPO of e-commerce platform Allegro in 2020, one of the largest IPOs on the Warsaw Stock Exchange to date, as well as the landmark sale of Profi, a leading grocery retailer in Romania to Ahold Delhaize, completed in early 2025. These successful exits evidence MidEuropa’s consistent ability to transform its fast-growing portfolio companies into attractive assets for strategic buyers and public market investors alike.
Rothschild & Co. acted as Independent Financial Advisor; Citigroup Global Markets Limited together with Bank Handlowy w Warszawie S.A., Jefferies GmbH, and Santander Bank Polska S.A. together with Banco Santander, S.A. acted as joint global coordinators; Bank Polska Kasa Opieki S.A. together with Pekao Investment Banking S.A., Trigon Dom Maklerski S.A., and WOOD & Company Financial Services a.s. S.A., Oddział w Polsce acted as joint bookrunners; Santander Bank Polska S.A. acted as co-offering agent in Poland in connection with its offer to retail investors.
Greenberg Traurig Nowakowska-Zimoch Wysokiński sp.k. acted as legal counsel to the Issuer; Baker McKenzie Krzyżowski i Wspólnicy sp.k. acted as legal counsel to the Selling Shareholder; White & Case M. Studniarek i Wspólnicy – Kancelaria Prawna sp.k. acted as legal counsel to the underwriters.
About MidEuropa
MidEuropa is a leading European private equity investor with deep roots in Central Europe and a long-term track record in the region spanning approximately 25 years. Headquartered in London, with offices in Warsaw and Bucharest, MidEuropa adopts a flexible pan-European and global approach to identify winning investments across the healthcare, technology, services and consumer sectors. MidEuropa works collaboratively with talented founders and management teams to support and facilitate sustainable growth through buy & build, organic growth acceleration, digital transformation, sustainability leadership and international expansion, to drive transformative growth and build industry champions. To date, MidEuropa has raised and managed funds of over €6.5 billion, and completed 46 investments and over 270 add-on acquisitions across 20 countries.
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Fintech PR
Justin Sun Explains USDD 2.0 in a Live Stream, Highlights HTX’s Unique Edge

SINGAPORE, Feb. 10, 2025 /PRNewswire/ — On February 5, Justin Sun, Global Advisor of HTX and founder of TRON, joined the leading crypto exchange HTX for an X Spaces session titled “Explore USDD with Justin Sun“. During the session, Sun provided an in-depth explanation of USDD (Decentralized USD) 2.0, the latest version of the USDD stablecoin, and answered audience questions. The session garnered significant interest from the crypto community, with over 12,000 concurrent listeners at its peak.
USDD 2.0: Pegged 1:1 with USD, Backed by Multiple Stability Mechanisms
Launched on January 25, USDD 2.0 is an upgraded decentralized stablecoin on the TRON network.
Sun emphasized that despite the dominance of USDT and USDC, the market still lacks a truly trustless and fully decentralized stablecoin with no censorship and freezing of assets, which is why he championed USDD.
To maintain its 1:1 peg to USD, USDD 2.0 utilizes stability mechanisms, including overcollateralization, a liquidation and auction model, risk management and real-time monitoring, a Peg Stability Module (PSM), and decentralized governance.
The PSM is a critical component. It allows users to quickly swap USDD for other stablecoins at a 1:1 ratio with nearly zero gas fees. This significantly reduces arbitrage risks and promotes price stability, even during market fluctuations.
USDD’s overcollateralization model further enhances its stability and minimizes risks. To mint USDD, users must provide collateral assets like TRX or USDT. Due to TRX’s strong market liquidity and ecosystem support, and USDT’s established stability, the value of the collateral consistently exceeds that of the minted USDD.
As of 8:30 AM UTC on February 6, the total collateral backing USDD was nearly $130 million, representing an overcollateralization ratio of 1.23x.
Sun summarized, “If you are unsure about USDD, just think of it as a mirrored proxy of USDT.”
20% APY on USDD Staking—Backed by Decentralization
Sun emphasized that USDD can be swapped 1:1 for USDT at any time, with no limit, making it as easy to use as USDT on TRON—but with the potential for higher returns.
Currently, Tier T1 of USDD staking offers a 20% APY, fully subsidized by TRON DAO. HTX Earn also offers a limited-time 20% APY bonus for its USDD Flexible product. Since the bonus was introduced, subscribed assets for the product increased nearly tenfold. Users can stake USDD on HTX or JustLend DAO and enjoy a guaranteed 20% yield. Users can also borrow USDD using their USDT holdings and then stake the borrowed USDD for additional potential returns. (Disclaimer: This is not an investment advice.)
According to official data, $1,380,822 USDD tokens have been deposited to the LendSave Vault contract (TDrc3zH9wWufmQJyS7QLxBYH8GS27drW5N).
Addressing community concerns about the security and sustainability of the 20% yield, Sun stated, “Consider the value proposition of a decentralized stablecoin on TRON. There’s $60 billion worth of USDT on TRON. If you believe in a truly decentralized alternative, you understand USDD’s potential value.”
Regarding use cases, Sun explained that USDD is designed to support the functionalities that USDT cannot fully provide on the TRON network. He also announced upcoming partnerships with centralized exchanges. HTX and Poloniex may soon support USDD used as margin in futures trading, and integrates USDD into one-click USDD swaps, and USDD-powered SmartEarn. Discussions are also underway with other crypto institutions regarding further USDD integration.
HTX’s Growth: $HTX Set to Be Listed on Major Regulated Exchange
Sun also announced that $HTX will soon be listed on a major regulated exchange. Efforts are underway to further enhance its utility, giving it a competitive advantage over other centralized exchanges.
He reaffirmed that HTX’s listing strategy focuses on identifying promising projects, with all new token listings based on independent research, and also speed. HTX’s agility has allowed it to stay ahead of the curve in the crypto market over the past two years. Looking ahead, HTX will focus on the AI sector, with potential AI-driven projects in development.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
Contact Details
Ruder Finn Asia
[email protected]
Company Website
https://www.htx.com

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