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Galp, Namibia and Petrobras

Petrobras wants a 40% stake in Galp's mega oil block in Namibia, director says

Brazil's Petrobras is expected to seek the entire 40% stake of Namibia's Mopane oil and gas exploration block put up for sale by Portugal's Galp, a director at the state-run oil firm said on Monday.

Crude Oil Prices · 1d

Petrobras Eyes Stakes in African Oil Projects

Brazil's state-controlled oil giant, Petrobras, is exploring new opportunities by seeking stakes in African oil blocks from majors like ExxonMobil, Shell, TotalEnergies, and Equinor

YAHOO!Finance · 17d

ExxonMobil Exits Race to Buy Namibia Oil Block Stake From Galp

XOM withdraws from the race to buy a 40% stake in Namibia's Mopane oil block from Galp, leaving other major energy players to compete for the asset valued at $10 billion.

Nasdaq · 3d

Petrobras Eyes 40% Ownership in Namibia's Mopane Oil Block

Petrobras PBR, a Brazil-based integrated energy company controlled by the government of Brazil, has its eyes set on acquiring the entire 40% stake in the Mopane oil and gas exploration block in Namibia,

Seeking Alpha on MSN · 4d

Petrobras seeking full 40% stake in Galp's Namibia oil block

Petrobras (NYSE:PBR) likely will seek the entire 40% stake of Namibia's Mopane oil and gas exploration block put up for sale by Portugal's Galp Energia (OTCPK:GLPEF) (OTCPK:GLPEY), Reuters reported Monday.

6hon MSN

Portugal stocks higher at close of trade; PSI up 0.54%

Portugal stocks were higher after the close on Friday, as gains in the Financials, Technology and Consumer Goods sectors led ...

15d

Galp-Northvolt lithium refinery project in Portugal faces delay

A plan to build one of Europe's largest battery-grade lithium refineries in Portugal by end-2025 is facing delays due to the ...

stocknews3d

3 LNG Stocks Fueling the Global Energy Market

The oil and gas market showcases a promising outlook driven by improving extraction technologies and surging global ...

Digi Times1d

European battery makers struggle as EV demand cools and investments falter

Europe's homegrown lithium battery sector is grappling with widening losses as electric vehicle (EV) demand slows and ...

Petrobras in Talks with Exxon and Others Over Africa Exploration

Brazil’s state-controlled oil company is in talks to buy stakes in African exploration blocks from companies including ...

3 Refining & Marketing Stocks to Watch Amid a Challenging Environment

In recent quarters, fuel margins for companies in the Zacks Oil and Gas - Refining & Marketing industry have declined, falling significantly below the peak levels seen in 2022. Al ...

naturalgasworld2d

South African LNG plans still uncertain [Global Gas Perspectives]

South Africa could use more gas, that much is clear, and LNG imports appear the most certain path forward. But slow project ...

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