With refining spin off, Galp focuses on growing in Brazil, Namibia
ReutersJan 20, 2026 1:38 PM
DAVOS, Jan 20 (Reuters) - Galp GALP.LS will focus on growing its upstream business from oilfields in Brazil and Namibia and may list parts of its newly formed downstream business in a couple of years, Galp's co-chief executive officer Joao Diogo Marques da Silva told Reuters on Tuesday.
The Portuguese energy firm earlier this month announced it was in talks with private equity-backed Moeve to combine their businesses in two new entities - one focusing on retail and another on refining.
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