Portuguese energy firm Galp will focus on growing its upstream business from oilfields in Brazil and Namibia and may list parts of its newly formed downstream business in a couple of years, its co-chief executive Joao Diogo Marques da Silva told Reuters on Tuesday.
The company said earlier this month it was in talks with private equity-backed Moeve to combine their businesses in two new entities – one focusing on retail and another on refining.
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Galp’s upstream oil and gas production business, wh… [1771 chars]
Source: Reuters | Published: 2026-01-20T14:37:10Z
Credit: Reuters
