24 February 2025
24 February 2025
Proceeds from bids and rentals will support both the federal government and New Mexico’s economy.
The transaction will raise Shell's working interest in the Ursa field from 45.39% to a maximum of 61.35%.
This initiative marks Suriname's first major offshore project, aiming to position the country as a significant offshore crude and gas producer.
The project is a collaboration between three companies, with Lewis Energy Group serving as the operator, and TGER and BP Energy holding non-operating stakes.
The facility will process 56,000tpa of manure and 5,000tpa of food waste to produce 1.7mcm of RNG.
The company's total revenues for Q4 were C$12.8bn ($9.03bn).
Products such as biodiesel and bioethanol have gained in popularity due to their sustainability and low contributions to the carbon cycle.
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