Galp gas supplies agreed with Nigeria fall short
Galp’s largest supplier of natural gas, Nigeria has failed to deliver the amounts agreed in a contract drawn up three years ago, despite efforts from the company, the Portuguese government and [...]
Galp’s largest supplier of natural gas, Nigeria has failed to deliver the amounts agreed in a contract drawn up three years ago, despite efforts from the company, the Portuguese government and [...]
Portugal has begun importing more natural gas from Russia, increasing the volume by 33% after imports fell 62% in 2022. It is now the third main supplier of gas after Nigeria and the United [...]
Portugal oil and gas company Galp opened a 144MW solar energy project involving four solar parks in Alcoutim in the Algarve today. The project, which began in March 2022, is the company’s first [...]
Portugal’s petroleum and gas company Galp practically doubled its profits in 2022, in part thanks to the instability in oil and gas prices that sent energy costs soaring after Russia’s invasion [...]
Portugal’s oil and gas giant Galp has posted a net profit of €608 million to September, 2022, up 86% on the same period in 2021. All segments of the business showed “a strong performance” but the [...]
CaixaBank BPI Equity Research has estimated that the tax on windfall profits made by Portuguese energy company Galp — profits made as a result of the energy crisis rather than from ordinary [...]
Portugal’s business confederation CIP says that the price cap mechanism agreed with Brussels to limit electricity inflation, if sensibly applied, will help companies offset spiralling energy [...]
Portugal’s Prime Minister António Costa has announced that the government will adopt a new raft of measures in September to offset inflation which is currently running at over 8% and affecting [...]
Portugal is “totally against” an EU proposal for member states to cut gas usage until March because it would hamper electricity production through gas-fired plants when the country faces an [...]
Portugal’s petroleum and gas company Galp says it has ambitions to be a leader in green hydrogen by 2030. The statement was made at the Electric Summit in Lisbon on 8 June by the company’s CEO, [...]