Oil and Gas

Portugal paid 45% more for Russian imports in March 2022 – mostly fuels — compared to the same period in 2019. The main reason was an increase in prices, but the figures from Portugal’s [...]

The Government has reduced fuel duty for consumers and has asked motorists to check their receipts at petrol stations carefully to ensure that the discount has been passed on in the price they [...]

The price of fuel in Portugal is set to go up again next week with diesel and petrol costing 18 cents and 9 cents more respectively. It dashes hopes that energy prices which had fallen this week [...]

The Portuguese energy company Galp says it has “fully” reflected the drop in fuel prices and that its profit margin has not gone up. This was after the government had said that the price of [...]

Prices of electricity and gas will increase by 3% in April. The announcement was made by the energy regulator ERSE on Tuesday and will affect families that are in the regulated market. The [...]

Petroleum reliant Portugal will see ships laden with Russian fuel products dock at its main port of Sines this week. Expresso reports that in addition to the cargos of liquified gas delivered on [...]

Given the unprecedented increase in fuel prices, the Portuguese Government has decided to reduce the fuel tax ISP (Tax on Petroleum Products) on a weekly basis, but only in line with increases in [...]

The price of a litre of diesel will be 14 cents higher from today, while petrol will cost an additional 8 cents. It means a litre of 95 will cost €1.912 per litre and diesel €1.81 per litre, the [...]

Consumers have seen fuel prices skyrocket 11.1% and gas 7.2% over the past two years according to data from the National Statistics Institute (INE). “Rising energy and fuel prices” are the two [...]

The Portuguese-Sino construction company Mota-Engil has won contracts worth US$162.4 in Uganda. The company which operates on four continents, made the announcement via the Portuguese stock [...]