v3.25.1
Basis of Presentation and Summary of Material Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Basis of Presentation and Summary of Material Accounting Policies  
Schedule of sets out exchange rates for the translation of the Euro and U.S. dollar

    

EUR

    

US$

Closing rate at December 31, 2024

 

1.4928

 

1.4389

Average rate for the year 2024

1.4818

1.3698

Closing rate at December 31, 2023

1.4626

1.3226

Average rate for the year 2023

 

1.4597

 

1.3497

Closing rate at December 31, 2022

 

1.4458

 

1.3544

Average rate for the year 2022

 

1.3696

 

1.3013

Schedule of estimated useful lives and methods of property, plant and equipment

    

Lives

    

Method

Processing plant and equipment

 

5 to 20 years

 

straight-line

Refinery and power plants

 

20 to 30 years

 

straight-line

Office equipment and other

 

3 to 10 years

 

straight-line

Office premises

 

2 to 10 years

 

straight-line