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Citi analyst Kate O’Sullivan reiterated a Buy rating on GALP Energia SGPS (0B67 – Research Report) today and set a price target of €24.50. The company’s shares closed yesterday at €15.97.

Galp Energia, a Portuguese integrated energy firm, recently announced a discovery of oil and gas in Namibia's Orange Basin under its Petroleum Exploration License 83, which was successfully ...

Update January 6 at 9:06 a.m. EDT. Adds response from Galp. Galp Energia is investigating an alleged personal relationship between Chief Executive Filipe Silva and a manager with the Portuguese ...

Galp Energia SGPS SA’s ethics committee is investigating an anonymous tip about an alleged personal relationship between Chief Executive Officer Filipe Silva and a manager at the Portuguese oil ...

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Galp Energia has completed another successful appraisal well on its huge Mopane oil and gas discovery offshore Namibia, and is about to spud only the second exploration well on its prolific Orange ...

Galp Energia SGPS SA has drilled and logged the Mopane-2A well, the fourth well in block PEL83 in Namibia’s Orange basin. Galp Energia SGPS SA has drilled and logged the Mopane-2A well, the ...

Galp, together with its partners NAMCOR and Custos, has found more light oil and gas condensate in a well at PEL83 license offshore Namibia. The partners drilled and logged the Mopane-2A well (well #4 ...

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BofA upgraded Galp Energia (GLPEY) to Buy from Neutral with a price target of EUR 22, up from EUR 20.50. The firm, which says positive data points are boosting confidence in the “world-class ...