Galp | Press releases

Galp acquires strategic stake in new Brazilian oil block with Statoil and ExxonMobil - Galp informs that its Brazilian subsidiary, Petrogal Brasil, together with Statoil Brasil Óleo e Gás Ltd. (Statoil) and ExxonMobil Exploração Brasil Ltda. (ExxonMobil) were awarded the Carcará North area pursuant to the 2nd Production Sharing Bidding Round, which took place today. Petrogal Brasil will hold a 20% interest in this area, while Statoil, the operator, and ExxonMobil will have 40% each.

Galp Energia is the best company in the world in the Oil & Gas sector on the ‘Global 100 Most Sustainable Corporations in the World’ list - Galp Energia was considered the 16th most sustainable company in the world by the Canadian Corporate Knights in its annual sustainability ranking: the Global 100 Most Sustainable Corporations in the World. It is the first company of the Oil & Gas sector in the ranking, alongside Statoil, in a total of 7 companies of the sector. Since 2013, the company has jumped 40 positions in the absolute ranking, having reached its best result ever this year.

Galp Energia included in CDP's The Climate 'A' List and Climate Disclosure Leadership Index (CDLI) - Galp Energia has been recognized as a global leader for its actions and strategies in response to climate change and has been awarded a position on The Climate ‘A’ List by CDP – Driving sustainable economies. The Company has also been included for the fourth consecutive year in the Iberian Climate Disclosure Leadership Index (CDLI), having achieved the highest possible score of 100 points.

Carcará North well confirms extension of Carcará discovery in pre-salt Santos basin - Galp Energia informs about the results obtained during the drilling of the second well in Carcará (Block BM-S-8), which has confirmed the potential of light oil and the extension to the north of the Carcará discovery in the pre-salt Santos basin.

Galp Energia’s first quarter of 2015 results - Galp Energia releases today the first quarter of 2015 results with the following highlights

Galp Energia's fourth quarter of 2014 results - Galp Energia releases today the fourth quarter of 2014 results with the following highlights

Galp Energia notified of €9.2 m fine from the Portuguese Competition Authority concerning the LPG business - Galp Energia informs that it has been notified of a decision from the Portuguese Competition Authority for the payment of a fine concerning an alleged practice restrictive to competition as a result of restrictions to inbound sales by bottled gas (LPG) distributors, an activity included in its Refining & Marketing (R&M) business.

Declaration of Commerciality for the Iara area, in the pre-salt Santos basin - Galp Energia, partner in the consortium for the development of Block BM-S-11, informs that Petroleo Brasileiro S.A. (Petrobras), the operator, has submitted the Declaration of Commerciality (DoC) for the oil and gas accumulations in the Iara and Entorno de Iara areas (Transfer of Rights area, 100% operated by Petrobras) to the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP).

Galp Energia and ENI entered into an agreement to explore hydrocarbon opportunities in frontier exploration offshore Portugal - Galp Energia announces that it has entered into a farm-down agreement with Eni, covering three offshore concession areas in Portugal according to which Eni acquires, on a promoted basis, a 70% interest and operatorship, while Galp Energia retains the remaining 30% interest.

Galp Energia included in CDP - Climate Disclosure Leadership Index (CDLI) - Galp Energia has been included in the Climate Disclosure Leadership Index (CDLI) for the third consecutive year, where it has been recognised as the best Iberian company in the energy sector, achieving the highest score possible, with a total score of 100 points.

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