Portuguese energy firm Galp filed arbitration against Mozambique over a tax dispute concerning its 10% stake sale in the Area 4 Rovuma Basin oil project to XRG. The case involves disagreements over ca
Portugal's Galp stated it does not anticipate jet fuel shortages despite airline concerns, citing adequate national production and diversified import sourcing. It plans to prioritize supplies from the
Moeve and TAQA have launched a feasibility study for a green hydrogen and ammonia project at Morocco's Jorf Lasfar port following a government selection in 2025.
Corteva and BP launched a 50-50 joint venture, Etlas, to produce crop oil feedstocks for sustainable aviation fuel and renewable diesel. Targeting 1 million tons of annual raw material capacity by the
Galp and Moeve are negotiating a merger of their Iberian downstream operations, creating a new entity focused on refining, petrochemicals, and supply activities across Spain and Portugal.
Moeve plans to establish six biomethane plants in Spain by 2030, starting in Andalusia. The renewable gas will act as a natural gas substitute for chemical plants and support green hydrogen output.
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