United States

Andrei Khalip

Portuguese oil firm Galp girds for belated Brazilian boost

Feb 11 2019

LISBON, Feb 11 Portuguese oil company Galp said on Monday it expects higher crude output, refining margins and efficiency gains to deliver a steep rise in 2020 and beyond as its Brazilian and Angolan operations pump up the volumes.

Police station attacked, cars torched in Portugal protests

Jan 22 2019

SEIXAL, Portugal Unidentified attackers threw petrol bombs at a police station in the Portuguese city of Setubal and torched cars in the capital Lisbon on Tuesday, hours after a protest against alleged racially-motivated police violence ended in clashes.

Portugal's parliament passes deficit-shrinking 2019 budget

Nov 29 2018

Portugal's parliament on Thursday approved in the final reading the minority Socialist government's 2019 budget bill that aims to nearly eliminate the deficit in an election year, further reducing Portugal's debt burden, still one of Europe's heaviest.

Toy maker to offer shares in Portugal tech-led IPO revival

Nov 08 2018

LISBON Portuguese educational toymaker Science4You plans to float shares worth up to 15 million euros ($17 million) next year to stoke further expansion in a fresh sign that small technology firms may revive the country's anemic IPO scene.

Portugal's EDPR expects to beat wind power capacity goal by 2020

Nov 07 2018

LISBON, Nov 7 Portuguese wind energy group EDP Renovaveis said on Wednesday it expected to exceed its 2020 goal for increasing capacity by more than 10 percent.

Portugal parliament approves deficit-busting budget bill in first reading

Oct 30 2018

LISBON Portugal's parliament approved the Socialist government's 2019 budget bill on Tuesday, setting the scene to nearly eliminate the deficit amid projected healthy economic growth and with more income for families.

UPDATE 2-InterCement sells Portugal, Cape Verde units to OYAK for $795 mln

Oct 26 2018

SAO PAULO/LISBON, Oct 26 Turkish conglomerate OYAK has agreed to acquire Brazilian cement firm InterCement's units in Portugal and Cape Verde for around 700 million euros ($795 million), a source close to the matter said on Friday.

Exclusive: Portugal to launch tender of lithium exploration licenses this year

Sep 25 2018

LISBON Portugal intends to launch a tender of lithium exploration licenses by the end of the year under a plan to become Europe's top supplier of the metal used in the batteries that power electric cars.

Portugal seduces parched investors with water: plenty of it

Aug 31 2018

ALQUEVA, Portugal As wildfires scorched California yet again this summer, Jose Dariush Leal da Costa, a Bay Area native with Portuguese roots, was harvesting his first almonds in a sun-drenched, watery oasis in southern Portugal. | Video

Heatwave eases in Europe's hotspot Portugal, wildfire rages

Aug 05 2018

LISBON Temperatures in Portugal, at the crest of a European heatwave, began to ease from near record levels on Sunday, but a forest fire raged for a third day in the south, battled by 800 firefighters and 12 aircraft. | Video

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