Energy

Portugal is negotiating an export deal with Germany and Poland to export gas from Sines The idea is to use Sines to store gas from the United States and then reroute it using smaller ships to [...]

Portugal’s minister of Foreign Affairs, João Cravinho said that Portugal doesn’t need Russian gas and could “turn off the tap” on its gas “tomorrow”. Speaking at the end of the informal meeting [...]

National imports of natural liquified gas (LNG) from the United States shot up by 1000% in the first three months of the year. At the same time, LNG imports from Russia were “residual’ when [...]

The Portuguese energy giant EDP closed the first quarter of 2022 with a loss of €76 million which compares to profits of €180 million like-for-like on 2021. “EDP’s financial performance in the [...]

Portuguese energy company Galp posted profits of €155 million for Q1 – six times greater on the like-for-like period in 2021. The result was fuelled partly by an increase in the price of [...]

Portugal is to have the 10 largest green hydrogen and other related energy projects in Southern Europe worth €20Bn over the next two years. This is according to Portugal’s Secretary of State for [...]

Portugal had the 10th highest electricity costs and 13 highest gas costs in the EU according to the energy services regulator ERSR in the second half of 2021. The data was based on statistics [...]

Portuguese industrial chiefs are suspicious that an agreement to offset the rising price of natural gas with caps will keep their energy costs down. Although the agreement to limit inflation in [...]

The CEO of Portuguese energy company Galp, Andy Brown, is concerned about the supply of gas to Portugal and Europe. At a press conference called on Wednesday to share his view on the energy [...]

The Portuguese energy company will join the electricity company EDP which will also increase its domestic charges from 1 May. From Friday, Galp applied higher monthly charges of up to €3 on [...]