Portugal’s electricity imports hit a new record in May with 4,402 GWh on the previous record of 4,203 GWh in May 2008, according to power grid operator REN. Hydroelectric power production for the [...]
Portugal’s Minister of the Economy, António Costa e Silva says the government may “resuscitate” the exploration of natural gas reserves off the coast of the Algarve. The former oil company boss [...]
Portugal will be the first country in the world to produce green ammonia on an industrial scale from 2026 according to the CEO of Madoqua Renewables Rogaciano Rebelo. To the end of 2026 the [...]
Lhoist and TotalEnergies have signed renewable energy contracts (PPAs) to install solar farms which will be developed at three Lhoist parks in Spain and Portugal. This partnership arose following [...]
Energy company REN saw its results for the first quarter of 2022 improve by 32.6% although its renewable energy business took a hit because of the drought which saw production below 50%. The [...]
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 [...]
