Oil and Gas

English company manger Andy Brown is to step down from his position as CEO of Portuguese petroleum, gas and energy company Galp at the end of this year. Brown says that he has successfully [...]

Germany can “count 100% on Portugal for the construction of a gas pipeline, whether natural gas or green hydrogen”. This is according to Portuguese Prime Minister, António Costa who made his [...]

The Port of Sines in the Setúbal district is studying the possibility of turning a multi-use quay into a terminal to ship renewable gases facility in a €20 million investment. “We will undertake [...]

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 [...]

Galp’s refining margin has shot up from US$6.9 to US$22.3 a barrel in the second quarter of 2022. This was despite the energy company producing less petrol according to the company which posted [...]

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 [...]