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Galp invests $5 million in Verdagy's green hydrogen ground-breaking technology Galp has decided to invest $5 million in Verdagy, a US company that is developing a pioneering scalable electrolysis technology for industrial applications targeting lower cost and critical raw material dependency compared to current electrolysis technologies.
2nd-Quarter 2023 Results Find here all the materials related to the 2nd-Quarter results
Galp to divest from Angolan upstream assets Galp has signed an agreement with SOMOIL - Sociedade Petrolífera Angolana S.A. for the sale of its upstream assets in Angola. Proceeds are expected to reach c.$830 m, already net of capital gain taxes, including c.$655 m to be received until completion and $175 m in contingent payments due in 2024 and 2025 dependent on Brent price.
2022 Full Year Results and Outlook Galp’s 4Q22 results reflect a robust operating performance, capturing the supportive macro environment, namely on Upstream and Industrial activities. All the materials related with the results and the short-term outlook, including the video presentation from Galp’s executives, are available here.
Galp moves to Alcântara in 2023 Galp's headquarters will move to Alcântara Lisbon Offices – ALLO in the new vibrant area of the Portuguese capital. The transition will take place at the end of 2023 and will be a key component in the Company's transformational journey to create a more dynamic workplace.
Galp leads in global sustainability rankings Galp’s sustainability strategy, environmental and social performance and commitments translated at the end of 2022 into leading scores and ratings in some of the most respected global ESG rankings, including the CDP, the Dow Jones Sustainability Indices, the MSCI and Sustainalytics.
Galp’s start-up global contest won by Koolboks’ solar refrigeration project in Africa Nigerian start-up came to Web Sumitt promising "sustainable and affordable refrigeration" on a continent where only 17% of the population has access to cold sources for food preservation. • Start-up the Future program received more than 200 applications from four continents and 54 countries and awarded €50.000 to the winner.
Azores Airlines, Galp, Neste and Carlyle Aviation take off for first flight with sustainable aviation fuel October 24th, the day that will go down in Azores Airlines’ history as the beginning of a new era. The company made its first flight using sustainable aviation fuel (SAF). This milestone is even more significant considering that a few days ago, the SATA group airlines joined the European Union’s Zero Emissions Aviation Alliance, an initiative aimed precisely at decarbonizing the sector by 2050.
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