The Lisboeta

João Queirós, of Banco Carregosa: "It doesn't appear that Galp's management has made a mistake that would warrant them being dismissed"

Wednesday, 24 December 2025RSS
João Queirós, of Banco Carregosa: "It doesn't appear that Galp's management has made a mistake that would warrant them being dismissed"

The market reacted badly to Galp's deal with Total in Namibia. Carregosa's head of trading explains what's happening with the oil company's shares and looks ahead to what 2026 will bring.

View full article on Expresso

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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.