Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Industry / Portugal

News In Brief: Galp Reduces Capex

June 2009 | Company Brief

News: Portugal's Galp Energia has announced a 17% reduction in its 2009-2013 capital expenditure (capex) programme, cutting planned spending to EUR4.3bn (US$5.9bn) from EUR5.2bn (US$7.1bn).

To read the full article, please choose one of the following options:

Subcribers please log in

Related Insight Articles
Portugal Pharmaceutical Market Forecast

Industry / Portugal It is BMI's view that the slowdown in drug market growth in Portugal in recent years will continue in 2010, with drug sales expected to reach a value of EUR3.64bn (US$5.27bn), equating to growth of...
May 2010
Petrobras Acquires Stakes In Offshore Alentejo Basin

Industry / Portugal Brazil's state-run Petrobras has signed an agreement with the Portuguese government to take a 50% stake in three offshore blocks in the country, according to an April 30 Reuters report.
May 2010
Petrobras Keen To Expand Portuguese Offshore Position

Companies / Portugal Brazil's state-run Petróleo Brasileiro (Petrobras) is reportedly holding talks with Anglo-Irish independent Tullow Oil to acquire a stake in the latter company's exploration blocks offshore...
January 2010
News In Brief: Galp's Profits Fall, But Beat Expectations

Companies / Portugal News: Portugal's oil and gas company Galp Energia has published its financial results for Q1 2009, reporting a 55% fall in adjusted first-quarter net profit but topping market expectations.
May 2009
Portugal To Offer 7% Stake In Galp Energia

Companies / Portugal The Portuguese government has announced plans to sell off its 7% stake in oil and gas company Galp Energia as part of the company's privatisation process.
August 2008
Western Europe InsightWestern Europe Channels Western Europe Countries


All material on this site is protected by international copyright laws and use of this site is subject to our Terms & Conditions.
© 2012 Business Monitor International Ltd
Site powered by WORKSsitebuilder CMS