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Results for "Galp"

82 stories found

Sedes warns of risks in Galp-Moeve deal
Businessobservador22d ago

Sedes warns of risks in Galp-Moeve deal

Sedes warns that the merger between Galp and Moeve, with Spain holding nine refineries, places Sines under an Iberian group logic, without guarantees of future investment.

Portugal Bank Governor Bought Shares While in Office
Financepublico4mo ago

Portugal Bank Governor Bought Shares While in Office

Álvaro Santos Pereira, the Governor of the Bank of Portugal, reportedly purchased shares in companies such as Galp and JM after assuming his position. This action has raised questions regarding his financial dealings while in office.

Airlines Face Flight Suspensions, Financial Strain Amid Soaring Jet Fuel Costs
WorldAPBBCbloomberg+44wapoThe GuardianFox Newsnrkyle-uutisetcbctagesschaufaz+36 more4mo ago47 sources

Airlines Face Flight Suspensions, Financial Strain Amid Soaring Jet Fuel Costs

Several airlines, including Air Canada and Spirit Airlines, are experiencing significant challenges due to rising jet fuel prices. Air Canada has suspended some flights, while Spirit Airlines is reportedly seeking a bailout to avoid liquidation.

Tamil Nadu CM Vijay's Wife Withdraws Divorce Petition
Politicshindustan-timesindian-expressndtv18d ago3 sources

Tamil Nadu CM Vijay's Wife Withdraws Divorce Petition

Sangeetha, wife of Tamil Nadu Chief Minister Vijay, has withdrawn her divorce petition filed before the family court in Chengalpattu, near Chennai, leading to the closure of the case. The couple's marital status remains intact following the withdrawal.

Leiria Firefighters Lack State Support Six Months After Kristin
Worldobservador29d ago

Leiria Firefighters Lack State Support Six Months After Kristin

Six months after the Kristin event, firefighters in Leiria are still without state support for repairs to their two barracks, relying on donations including 950,000 euros from the Galp Foundation, but still needing 800,000 euros for the estimated 2.1 million euro total cost.

Montenegro Considers Establishing a Sovereign Wealth Fund
Politicspublicoobservador2mo ago2 sources

Montenegro Considers Establishing a Sovereign Wealth Fund

Montenegro is exploring the creation of a sovereign wealth fund, with discussions focusing on its potential benefits as a future financial cushion and its operational model. The fund is expected to advance as the state divests from companies, though its position in Galp is intended to be maintained.

Fuel Ship En Route to Terceira Island, Azores
Worldobservador3mo ago

Fuel Ship En Route to Terceira Island, Azores

A ship carrying fuel is on its way to Terceira Island in the Azores, with the regional government assuring the situation is "controlled and safeguarded" after Galp refused to market a product that failed safety tests.

India's BJP Wins Historic West Bengal State Election
PoliticsAPBBCbloomberg+27NYTFTAl JazeeraDWSCMPNHK Worldaktuality-skdnevnik-bg+19 more3mo ago30 sources

India's BJP Wins Historic West Bengal State Election

Prime Minister Modi's BJP party secured a historic victory in the West Bengal state election, gaining control of the state and ending the Trinamool Congress's long-standing rule.

Galp's Q1 Profit Jumps 41% Driven by Oil Prices
Environmentpublicoobservador4mo ago2 sources

Galp's Q1 Profit Jumps 41% Driven by Oil Prices

Portuguese energy company Galp Energia reported a 41% increase in first-quarter profit, reaching 272 million euros, largely attributed to the surge in oil and natural gas prices. Storms, however, limi

Global Airlines Face Flight Cancellations Amid Jet Fuel Crisis
BusinessReutersBBCbloomberg+42The GuardianNPRAl Jazeeracbccnbchelsingin-sanomatberlingskeFrance 24+34 more4mo ago45 sources

Global Airlines Face Flight Cancellations Amid Jet Fuel Crisis

Airlines worldwide are experiencing widespread flight cancellations and significant financial losses due to a severe jet fuel crisis, with some carriers adjusting operations and fuel sourcing in response. The crisis is impacting various regions, including Europe and the UK.

4 dead, 11 injured after speeding bus hits two vehicles on NH-31 in Bihar’s Bhagalpur
WorldTimes of India6mo ago

4 dead, 11 injured after speeding bus hits two vehicles on NH-31 in Bihar’s Bhagalpur

A speeding bus collided head-on with two smaller vehicles on National Highway 31 in Bihar's Bhagalpur district, resulting in four fatalities, including a six-year-old boy. Eleven others were injured in the tragic accident, which occurred near Bagri Pul. Authorities are investigating the incident and plan to widen the highway to improve safety.

Businesspublico4mo ago

Galp and Moeve Merger Agreement Progresses

Portuguese energy company Galp anticipates finalizing a merger agreement with Spain's Moeve in the coming months, following a 41% profit increase in the first quarter driven by oil prices.

Businesspublico5mo ago

Galp Reports Record Profit in 2025

Portuguese energy company Galp announced its highest-ever profit of 1154 million euros in 2025, with dividends increasing by 4%, driven by production in Brazil and gas trading.