Portuguese companies are concerned after warnings that the price of gas could go up by as much as 30%. The price of gas had already gone up by 18% in the last quarter of 2024 to an average of €44 [...]
Portugal’s oil and gas company Galp had its second best day on the Euronext Lisbon stock market yesterday since 2006 after it announced that it had struck oil off the coast of Namibia. Galp [...]
Portugal’s oil and gas giant Galp has announced that petroleum exploration in Namibia could be profitable for the company. The conclusion comes at the end of the first phase of oil exploration in [...]
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 [...]
The Portuguese energy company Galp posted adjusted profits of €1.2Bn in 2023; an increase of 14% on the €881 million registered in 2022. The company’s adjusted EBITDA fell 8% in like-for-like [...]
Portugal’s petroleum and natural gas company Galp has confirmed this month that it has discovered oil off the coast of Namibia at its Mopane – 1x well. The company had already begun [...]
Energy companies like the Spanish Cespa and the Portuguese Galp have earmarked €250 million for startups to help them in their green energy transition. According to business daily Negócios, [...]
Portugal’s oil and gas giant Galp posted an increase in its oil refining margin of 89% giving it a margin of US$ 14.60 per barrel in the third quarter of 2023. It was a significant increase on [...]
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 energy giant Galp Energia saw petroleum production tumble in the second quarter of the year and its oil refining margins fall by over 50% on the same period because of the falling [...]