Galp and Moeve announced on Jan. 8, 2026 that they plan to merge their downstream operations, creating a 710,000 b/d refining ...

By Dmitry Zhdannikov DAVOS, Switzerland, Jan 20 (Reuters) - Portuguese energy firm Galp will focus on growing its upstream ...

The two companies, China Resources Gas (CR Gas) and China Resources Power (CR Power), said in a joint statement on Friday that the proposed merger would consolidate the “upstream energy resources, ...

Upstream operations focus on oil exploration and extraction; downstream operations process crude into products. Effective energy chains require balance between upstream production and downstream ...

After a hot start to the year, U.S. upstream mergers and acquisitions slid into a slump in the third quarter, with deal value dropping to $9.7 billion, marking the third straight quarterly decline.

Portugal’s energy giant Galp and the owners of Spanish refiner Moeve have agreed to advance discussions on a potential merger of their downstream portfolios to create two separate major Iberian ...

The co-chief executive of Galp, Joao diogo marques da Silva, said on Tuesday that the company will "focus" on growing its ...

Kuwait’s merger of two state-owned oil companies is close to completion nearly two years after a landmark plan to restructure the country’s hydrocarbon sector was officially endorsed. Intended to cut ...