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Galp, Portugal and Aurora lithium refinery

Galp abandons Aurora lithium refinery project in Portugal

Additionally, declining lithium prices, attributed to an oversupply from China, further diminished the attractiveness of the project. In the statement Galp said: “Despite signif

Reuters on MSN · 23h

Galp drops plans to build Aurora lithium refinery in Portugal

Portuguese energy company Galp said late on Tuesday it has dropped its plan to build the Aurora lithium refinery after it failed to find a new partner to replace Northvolt, a Swedish maker of batteries for electric vehicles.

portugalresident · 20h

GALP abandons Setúbal lithium refinery project after partner drops out

GALP abandons Setúbal lithium refinery project after partner drops out; Refinery was to have “taken advantage” of Portugal’s lithium reserves

MarketWatch · 1d

Galp Pulls the Plug on Lithium Plant Plans in Portugal

Galp said it will not proceed with its Portuguese Aurora project after being unable to find new international partners. The Portuguese oil-and-gas producer said late Tuesday that it has been looking for new partners to invest in the project since Sweden's Northvolt pulled out in early 2024.

Ship & Bunker8d

Galp Hires New Bunker Trader in Portugal

Energy producer Galp has hired a new bunker trader in Portugal. Rita Correia joined the company's bunker team as of October ...

Reuters1mon

Portugal's Galp core profit falls 22% with less oil output, weaker margins

LISBON, Oct 28 (Reuters) - Portugal's Galp Energia on Monday posted a 22% fall in third-quarter adjusted core profit, hit by lower oil output and a sharp drop in refining margins, but earnings ...

Seeking Alpha15d

Galp Energia's Transformation Journey

Galp said at its Capital Markets Day in 2021 it was Portugal's largest seller of coffee. That's because Galp is pushing to grow its Convenience and Customer Solutions offering. By refreshing ...

10d

GALP Energia SGPS (0B67) Gets a Buy from Jefferies

In a report released on November 15, Giacomo Romeo from Jefferies maintained a Buy rating on GALP Energia SGPS (0B67 – Research Report), ...

Upstream1mon

Galp beats forecasts with double-digit net profit increase

Portugal’s Galp comfortably beat analyst expectations on Monday as the oil major posted a double-digit increase in net profit for the third quarter. The company booked €266 million ($287 ...

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