Cheniere Energy, Inc. LNG has announced a significant development in its business strategy through a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Galp Trading S.A ...

Portugal's Galp Energia has mandated Bank of America to prepare a sale of its 10% stake in a multibillion-dollar natural gas project in Mozambique's Rovuma basin, the Negocios newspaper said on ...

Galp Energia SGPS SA engages in the exploration and production of oil and gas. It operates through the following segments: Exploration and Production; ...

The Portuguese energy company said it will own a 30% stake in the blocks alongside Brazil's Petrobras, which will own 70% and be the operator. The concessions in the Pelotas basin were granted by the ...

It was a week when oil prices rose while natural gas futures fell marginally. The headlines revolved around hydrocarbon finds by Portugal’s Galp Energia GLPEY and U.K.’s Harbour Energy HBRIY.

Galp has announced a new significant light oil and gas-condensate discovery offshore Namibia, further solidifying the region's status as a major exploration hotspot. ... Natural Gas • 47 mins: 3 ...

GLPEY and PBR clinch three offshore blocks in Brazil's Pelotas Basin amid environmental backlash over ANP's latest auction round.

The oil was sold at an average price of $81.20 per barrel thanks to Galp’s exposure to Brent pricing, while the average realized natural gas price was $32.6 per boe.

The United Arab Emirates’ main oil company agreed to buy a 10% stake in a natural gas project in Mozambique, its second major deal this week as it seeks to expand the business globally.

Namibia should radically boost Galp’s value. Of the 10bn barrels, not all will be oil; some will be less valuable natural gas. Even then, Galp will probably only extract a third of that ...