Oil and gas in Portugal

Latest news and stories about oil and gas in Portugal for expats and residents.

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Production remained predominantly focused on oil, which accounted for 87% of the total. Natural gas stood out, increasing by 54% year-on-year.

Observador2 Feb

Galp's share price did not rise alongside a sharp jump in the shares of US oil companies.

Diário de Notícias6 Jan

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1939: Portugal and Spain sign the Treaty of Friendship and Non-Aggression (Iberian Pact), establishing formal neutrality between the two Iberian nations on the eve of World War II. This treaty helped maintain Portuguese neutrality throughout the war.
2002: Portuguese legislative elections are held, won by the PSD under José Manuel Durão Barroso, who would later become President of the European Commission (2004–2014).

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1992: White South Africans vote in a referendum to end apartheid, with 68.7% approving President de Klerk's reforms, paving the way for multiracial democracy.

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