The Lisboeta

"Positive development". Analysts applaud Galp's talks with Moeve and shares rise 2%

Thursday, 8 January 2026RSS
"Positive development". Analysts applaud Galp's talks with Moeve and shares rise 2%

Galp shares rose 2.03% to €14.865 each on Thursday, with analysts viewing positively the start of talks with the Spanish company Moeve (formerly Cepsa) on a possible merger of their downstream portfolios and the creation of two companies to operate on the Iberian Peninsula: one for the retail business and another for ...

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Context & Explainers

Galp is Portugal’s integrated energy company operating in fuel, natural gas, electricity retail, refining and upstream activities, and it supplies households and businesses across the country. For expats, issues at Galp—such as recent billing disruptions—can mean unexpected large utility bills or service problems, so check your account, contact the supplier and keep billing records.