Galp updates on 2Q26 trading and Moeve negotiations
Provisional figures show working interest production up 12% YoY, refining margin up 14% QoQ, and renewable capacity up 39% YoY.
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Latest news in Oil & Gas Refining and Marketing
Company announcements
Booster expands mobile fuel delivery to new US states
Through new regional partnerships, fleets in Idaho, Iowa, Pennsylvania, and Tennessee can now schedule on-site fuel delivery.
Repsol supports Venezuela with aid flights
They sent three flights with rescue equipment, medical personnel and supplies to the affected areas.
Neste invests over 400 million euros in the maintenance shutdown of the Porvoo refinery
The shutdown lasts nine weeks, employs 7,500 people and ensures the safety and competitiveness of the plant.
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Media coverage
Colombia appoints its new Minister of Mines: the impact on Repsol
The appointment of María Nohemí Arboleda as Colombia's Minister of Mines brings calm to Repsol and Spanish investors in the energy sector...
Chevron (CVX) Launches AI Data Center Power Venture And Extends Australia Gas Supply
Chevron (NYSE:CVX) has launched a new business with GE Vernova and Microsoft to supply natural gas...
Galp increases oil production by 12% in the second quarter
According to the operational data update ('trading update'), in the 'upstream' segment (exploration and production), oil represents 88% of production...
Galp sees refining margin soar and admits delay in business with Moeve
Galp's refining margin nearly triples in months after attack on Iran. Portuguese oil company extends deadline for completion of negotiations until the end of...
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