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Galp Energia Says Targeting A Dividend Per Share Increase Of 10% Per Year Over The 2019-21 Period
Galp Energia Q4 Adjusted Net Profit Up 44% YoY
Galp Energia Signs LNG Supply Agreement With Nigeria LNG
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.
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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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 <GALP.LS> 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.
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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