Edition:
United Kingdom

Sergio Goncalves

Portugal plans solar power licensing auction by mid-year

2:22pm GMT

LISBON, Feb 22 Portugal will launch its first big auction of solar power capacity in June or July, offering 1,750 megawatts as it seeks to boost emission-free electricity production, Environment and Energy Transition Minister Joao Matos Fernandes told Reuters.

Exclusive: Portugal government sees Elliott's plan for EDP Brazil as 'unfortunate'

15 Feb 2019

LISBON Activist investor Elliott's plan for EDP-Energias de Portugal to sell its Brazilian operations is unfortunate as it would mean leaving a fast-growing market, Portuguese Environment and Energy Transition Minister João Matos Fernandes said on Friday.

Portugal's economy: an express train at risk of derailing

15 Feb 2019

LISBON The passengers on a night train chugging along Portugal's northern coast last month got the fright of their lives when the 40-year-old locomotive's diesel engine literally fell off.

UPDATE 2-Elliott proposes 'superior' plan for Portuguese utility EDP

14 Feb 2019

* Proposes sale of Brazil operation, Iberian thermal holdings

Portugal promises no visas for Britons in any no-deal Brexit

17 Jan 2019

LISBON Britons living in Portugal will keep their residency rights and tourists won't need a visa even in the event of a no-deal Brexit, and Lisbon hopes Britain would offer the same benefits to Portuguese citizens, Economy Minister Pedro Siza Vieira said.

Portugal promises no visas for Britons in any no-deal Brexit

17 Jan 2019

LISBON Britons living in Portugal will keep their residency rights and tourists won't need a visa even in the event of a no-deal Brexit, and Lisbon hopes Britain would offer the same benefits to Portuguese citizens, Economy Minister Pedro Siza Vieira said.

INTERVIEW-Portugal vows no visas for Britons in no-deal Brexit -minister

17 Jan 2019

LISBON, Jan 17 Britons living in Portugal will keep their residency rights and tourists won't need a visa even in the event of a no-deal Brexit, and Lisbon hopes Britain would offer the same benefits to Portuguese citizens, Economy Minister Pedro Siza Vieira said.

Portugal's tourism boom halted by Brexit, airport problems

14 Jan 2019

LISBON Portugal's long-running tourism boom is set to move decisively into reverse in 2019 due to capacity constraints at Lisbon airport and a drop in British visitors because of a Brexit-hit pound, Portugal's biggest hotel group told Reuters.

UPDATE 1-Portugal sees first lithium licensing tender in 2019, wants refinery

18 Dec 2018

LISBON, Dec 18 Portugal expects to launch a tender for lithium exploration licences next year, the new secretary of state for energy said on Tuesday, confirming the general outlines of a plan devised under his predecessor, although with a slight delay.

Ex-CFO of failed bank BES sues Bank of Portugal, KPMG for $4.9 billion

14 Dec 2018

LISBON Banco Espirito Santo's former finance director is suing the Bank of Portugal and KPMG, demanding they pay the state 4.3 billion euros ($4.9 billion) for allegedly falsifying its accounts before the bank's 2014 collapse.

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