Synergia Energy Advances in Carbon Reduction and Gas Production

Oilex Ltd (GB:SYN) has released an update.

Synergia Energy Ltd has made strides in carbon reduction by focusing on gas production as a transitional energy source and advancing its carbon capture and sequestration (CCS) projects in the UK and India. The company bolstered its Cambay field development in India through a farm-out agreement with Selan, aiming for increased gas production and self-funded full field development. Synergia Energy is also progressing in its goal to become a significant player in the energy sector’s transition, as evidenced by the continued support from shareholders and stakeholders.

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