11 articles
Spanish energy firm Moeve reported a 12-fold Q3 net profit rise to €789 million, driven by refining margins hitting $26.8 per barrel. The company continues its strategic shift toward low-carbon busine
Galp Energia announced the collapse of merger talks with Moeve to combine their refining, chemicals, and fuel retail assets. The deal would have created one of Europe's biggest refiners with 700,000 b
Spanish energy firm Moeve reaffirmed its low-carbon transformation strategy following the collapse of merger talks with Portugal's Galp. The company continues its €8 billion pivot away from oil produc
Galp Energia's planned merger with Spain's Moeve for Iberian downstream businesses faces collapse after shareholder Paula Amorim rejected Moeve's demands. The joint venture covering retail fuel distri
Portugal allows Galp Energia to combine downstream operations with Moeve, conditional on protecting the strategic Sines oil refinery. The transaction merges refining assets and fuel station networks w
Moeve has commenced construction of a 300MW green hydrogen plant in Huelva, Spain, as part of its Onuba project. The facility, backed by EU funding, will supply hydrogen for sustainable aviation fuel
Moeve broke ground on a €1 billion green hydrogen project in Spain, driven by high natural gas prices. The energy firm is pivoting from oil assets to low-carbon solutions, including biofuels and poten
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.
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.
Moeve reported Q3 chemical sales declines with narrowed phenol margins; phenol and acetone sales dropped 11% YoY while solvent sales increased 3%.
ChemBrief