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 Secretary of State of Tourism, Trade and Services, Rita Marques appears to have broken ranks with the government by saying that a package of financial support to help companies pay [...]
The Portuguese petroleum and gas company Galp and Swedish lithium battery company NorthVolt have appointed Manuel de Sousa Martins as the CEO of the companies’ lithium joint-venture Aurora [...]
Portuguese energy, oil and gas company Galp is to pay shareholders 26 cents per share from 20 September. The company had announced that it would pay out the dividends after enjoying robust [...]
EDP lost more retail consumer clients in 2021 to other suppliers than any other supplier in 2021. Two companies in Portugal in particular picked up these lost clients: Goldenergy and Endesa that [...]
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 [...]
The President of the European Commission, Ursula von der Leyen, says she is expecting Sines to supply natural gas to supply short Europe. She also argues that coal could be used temporarily to [...]
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 [...]
Over 70% of Portugal’s building stock is energetically inefficient and nearly all buildings need renovating to meet them according to a study from the environmental association Zero. Zero [...]
Portugal imported its greatest volume of electricity between January and May. It was the equivalent of an entire month of consumption largely because hydropower production fell to historically [...]
