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 [...]

Portugal’s high tax system could make it difficult for the energy company Galp to invest in decarbonising the oil refinery at Sines and develop a lithium refinery. The company says that the [...]

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 energy giant Galp and the US renewables company Powin have signed a partnership agreement to install an energy storage system using large-scale batteries at one of its solar parks in [...]

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 [...]

Galp Energy closed the third quarter of 2023 with a profit of €210 million, up 12% like-for-like on 2022, but below the €258 million posted in Q2 of 2023. The accumulated results for the first [...]