For more than 100 years, we have been laying out a path of innovation. We explore and produce oil and natural gas. We refine and market oil products. We distribute and supply natural gas. We generate and market electricity.

Our activities (2022)



  • average WI production
    127 kboepd average WI production
  • 2P reserves + 2C resources
    2.3 bnboe 2P reserves + 2C resources


  • service stations
    1.475 service stations
  • Electric mobility charging points
    2.382 Electric mobility charging points
  • Oil products sales
    7.4 mton Oil products sales
  • Gas & Power sales
    23,2 TWh Gas & Power sales

Industrial & Energy Management

  • refining emissions reduction (scope 1 & 2 vs 2017)
    - 29 % refining emissions reduction (scope 1 & 2 vs 2017)
  • raw materials processed
    88 mboe raw materials processed
  • Supply & Trading of NG/LNG
    54.6 TWh Supply & Trading of NG/LNG
  • Oil products supply
    15.8 mton Oil products supply

Renewables & New Businesses

  • Gross renewable generation installed capacity
    1.4 GW Gross renewable generation installed capacity
  • Gross renewable capacity in operation and construction & development
    9 GW Gross renewable capacity in operation and construction & development
  • Gross renewable power generation
    1,9 GWh Gross renewable power generation

Our global footprint

Our strategy

As the pace of energy transition accelerates, markets must adapt. Today’s context is of a world that will see a rapid change in the energy outlook and an increase in renewable energy investments and associated technologies to meet the Paris Agreement goals.

Galp’s strategic planning is based on a set of energy beliefs with a common assumption that a deep transformation will impact the energy sector during this decade towards a cleaner future:

  • Social and regulatory pressure accelerating the decarbonisation pace;
  • Growing share of electricity with expected significant increase in electric vehicle sales;
  • Solar and wind becoming a relevant energy source for power generation;
  • Green/blue hydrogen gaining momentum with viable options emerging;
  • European Union setting the strategic ambition to build an integrated lithiumion battery value chain;
  • Significant decrease in oil demand in Europe, leading to a wave of refinery rationalisation;
  • More electrified global energy mix, although oil and gas maintain a crucial role for several years. 

Learn more about Galp’s strategy.