Latest news and stories about refinery in Portugal for expats and residents.
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The Minister of Economy and Territorial Cohesion said today that it would be better if the Sines refinery remained under control from Portugal, but he recognised that the negotiations between Galp and Moeve are taking place between two private companies.
Galp is preparing a partnership with Spain's Moeve involving petrol stations, energy and Portugal's only refinery. What is at stake in this deal? Analysis by journalist Ana Suspiro.
Galp will be a minority shareholder in the company that will own the Sines refinery. Decisions will be negotiated so the Portuguese side carries greater weight. Managers say the government was informed of a merger that preserves the Galp brand.
