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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.

Expresso24 Dec

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

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Portugal

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).

Elsewhere

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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Total in Portugal

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

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