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As of on the Euronext Lisbon ∙ Minimum 15 minute delay
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Galp Agrees To Sell 75.01% Of Its Stake In GGND To Allianz Capital Partners For 368 Mln Euros
Galp Sees No Material Impairment Changes As Of End-September
Galp Q3 Adjusted Net Result Turns To Loss Of 23 Mln Euros YoY
Galp Energia SGPS SA (Galp) is a Portugal-based holding company engaged in the oil and gas industry. Galp’s activities are divided into three business segments: Exploration and Production; Refining and Marketing, and Gas and Power. In the Exploration and Production segment, the Company explores, develops and produces oil and natural gas, operating in approximately 40 projects worldwide. In the Refining and Distribution area, Galp Energia SGPS SA is active in the operation of oil and gas refineries for the production of gasoline, as well as in the marketing of petroleum. The Company operates two refineries in Portugal. In the Gas and Power segment, Galp Energia SGPS SA is mainly engaged in the distribution and marketing of natural gas, as well as in the generation and sale of electricity.
Oil & Gas - Integrated
Rua Tomas da Fonseca - Torre A
Paula Fernanda Ramos Amorim
Chairman of the Board
Carlos Nuno Gomes da Silva
Chief Executive Officer, Vice Chairman of the Board of Directors
Miguel Jose Pereira Athayde Marques
Non-Executive Vice Chairman of the Board, Lead Independent Director
Filipe Quintin Crisostomo Silva
Chief Financial Officer, Executive Director
Carlos Manuel Costa Pina
Executive Director, Chief Operating Officer - New Energies
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Portugal's Galp Energia temporarily suspended fuel production at its smallest oil refinery at Matosinhos due to unstable national and international markets shaken by the coronavirus pandemic, a Galp spokesman said on Tuesday.
Portugal's Galp Energia (GALP.LS) partially resumed production at its Sines refinery on Tuesday, the company said, after a lack of storage space for unused fuel amid a drastic drop in demand because of the coronavirus outbreak brought it to a halt.
Portugal's Galp Energia said on Monday the collapse in demand caused by the coronavirus pandemic was set to further impact its performance in the second quarter as it slashed its planned investment for this year by about half.
Portugal's Galp Energia said on Monday the collapse in demand caused by the coronavirus pandemic was set to further impact its performance in the second quarter as it slashed its investment plan by about a half this year.
* SAYS UNCERTAIN RECOVERY PROFILE FROM Q3 2020 ONWARDS. PREPARED TO ADAPT QUICKLY IF THAT IS TO HAPPEN SOONER AND STRONGER THAN EXPECTED
Portugal's Galp Energia will suspend output as its largest oil refinery at Sines for a month from May 4 as the drastic drop in demand due to the coronavirus outbreak has left the company out of storage space, a Galp spokesman said on Tuesday.
Portuguese oil company Galp Energia <GALP.LS> said on Tuesday it would kick off its green business by installing renewable energy capacity of 10 gigawatts in the decade ahead, enough to power millions of homes.
The chief executive of Portugal's Galp Energia said on Tuesday a joint stake in the oil company held partly by Isabel dos Santos had not been affected by judicial investigations into alleged corruption by the Angolan billionaire.
Portuguese oil company Galp Energia said on Tuesday it will kick off its green business by installing renewable energy capacity of 10 gigawatts in the decade ahead.
Portuguese oil and gas company Galp Energia <GALP.LS> will buy solar power projects from Spain's ACS <ACS.MC>, envisaging total spending of 2.2 billion euros in the next four years and making Galp the leading solar power producer in Iberia.
* SAID ON FRIDAY THAT THE BANK OF NEW YORK MELLON CORPORATION'S SUBSIDIARIES BNY MELLON IHC, LLC AND MBC INVESTMENTS CORPORATION DECREASED THEIR HOLDINGS IN GALP’S VOTING RIGHTS TO BELOW THE 2% THRESHOLD
* SAID ON THURSDAY THAT THE CONSORTIUM SUBMITTED A DECLARATION OF COMMERCIALITY FOR THE CARCARA DISCOVERY IN THE SANTOS BASIN, OFFSHORE BRAZIL
* SAID ON TUESDAY BANK OF NEW YORK MELLON INCREASED ITS INDIRECT HOLDINGS IN GALP'S VOTING RIGHTS TO 2.01%
Portugal's Galp Energia earmarked between 1 billion euros ($1.11 billion) and 1.2 billion euros in annual investment until 2022 in an increase from up to 1 billion under a previous plan, seeking to expand its natural gas and renewable energy business.
Portugal's Galp Energia , whose cherry-picking in Brazilian oil licensing auctions since the mid-2000s has left it with one of the most enviable portfolios of stakes in offshore oil fields there, says new licences are getting too pricey.
Workers at the largest oil refinery operated by Portugal's Galp Energia started a month-long strike on March 1, cutting output at the Sines facility by 25-30 percent, union leaders said.
Portugal's Galp Energia raised its 2018 pre-tax earnings estimate to 2.3 billion euros ($2.6 billion) from a previous forecast of 1.8-1.9 billion on Monday, as a jump in oil prices and stronger output boosted its third-quarter results.
* SAID ON MONDAY THAT BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED, SUBSIDIARY OF BLACKROCK INC, REACHED 2.01 PERCENT OF VOTING RIGHTS IN GALP
Portuguese oil company Galp Energia expects largely flat pre-tax earnings this year after a 32 percent increase in 2017 as production growth slows.
Portuguese oil company Galp Energia expects largely flat pre-tax earnings this year after a 32 percent increase in 2017 as production growth should slow, although it is still seeking to boost output by more than 50 percent by 2020.
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