GALP turns thumb-screws on taxation
Is “trying to ensure Sines doesn’t suffer Matosinhos fate…” GALP’s CEO Filipe Silva has said today that the company was trying to ensure that the Sines refinery “does not suffer
Tax regime could hinder biofuels, green hydrogen projects in Sines – GALP
GALP CEO Filipe Silva warns that the tax regime to which the company is subject in Portugal may be an obstacle to moving forward with large projects, such as those
GALP profits “almost double” to €881 million in 2022
Figure represents year-on-year rise of 66% Portugal’s largest oil company, GALP, recorded profits of €881 million in 2022 – almost double what it made in the previous year, according to
Galp slashes electricity prices by 11%
Portuguese energy giant Galp is to slash electricity bills for its customers by around 11% from the start of 2023 while keeping natural gas bills unchanged for the first quarter
Government stands firm in face of GALP’s hand-wringing
Environment minister Duarte Cordeiro is standing firm today: the government expects GALP to buy gas from other sources if it is not forthcoming from Nigeria – and it won’t accept
Nigerian gas supply doubts: GALP describes “significant losses” in acquiring gas from other sources
Statement follows President Marcelo’s oblique criticism At around 1am this morning, Observador reported that GALP insists that it has already suffered “significant losses” acquiring gas from other sources to make
GALP warns of ‘disruption’ to Portugal’s gas supplies
Main supplier Nigeria admits to “substantial reductions” in quantities agreed For all the government’s talk of ‘trust in Nigeria’ and confidence that long-term contracts for the supply of liquified natural
Climate activists block GALP’s Lisbon HQ
Glue themselves to building’s glass doors Taking a leaf out of the activists’ manual of Extinction Rebellion in UK, a group of climate activists in Lisbon today have glued themselves
GALP pours cold water on government’s ‘gas costs saving’ plan
Allowing return to regulated market is simply “not efficient” The chief executive of Galp has criticised the government’s measure to allow families and small businesses to return to the regulated
Secretary of State and GALP CEO fly to Nigeria ‘to secure gas deliveries’
João Galamba guarantees cheap Nigerian gas will supply all demands of Portuguese households In a new ‘first’, the Portuguese government sent its representative João Galamba (secretary of State for Energy)