Galp pulls out of lithium refinery in Setúbal - The Portugal News
3 days ago — “Galp has decided not to proceed with the construction of the Aurora project,” said the group. “Initially a 50/50 partnership between Galp and Northvolt, the latter communicated to Galp at the beginning of 2024 its decision to stop investing in Aurora”.. Since then, “Galp has sought to identify new international partners, but without success”, they said, recalling that “Aurora ...
Galp cancels plans for Aurora Lithium Refinery in Portugal
19 hours ago — Portuguese energy company Galp has officially canceled its €1 billion Aurora lithium refinery project in Setúbal, citing a lack of funding and the inability to secure a new international partner. The refinery was poised to process 35,000 tonnes of battery-grade lithium hydroxide annually after 2026.
Galp drops plans to build Aurora lithium refinery in Portugal
3 days ago — Galp was left alone in early 2024, when Northvolt said it would not invest in the 50-50 joint venture set up in November 2021 to build a lithium processing plant in Setubal, on Portugal's coast. The project's investment was estimated at more than 1 billion euros ($1.05 billion).
Galp Pulls the Plug on Lithium Plant Plans in Portugal
3 days ago — Galp said it will not proceed with its Portuguese Aurora project after being unable to find new international partners. ... Dow Jones Newswires is a market-moving financial and business news ...
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Oil majors show interest in Galp's Namibia oil prospect, sources …
LONDON, July 2 (Reuters) - More than 12 oil companies, including Exxon, Shell and Brazil's national oil company, have expressed interest in buying a 40% stake in Galp Energia's (GALP.LS)...
Press Releases - Galp Energia
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Exclusive: Galp seeks to sell stake in Namibia oilfield after …
Apr 22, 2024 — Portuguese oil company Galp Energia has launched the sale of half of its stake in an exploration block offshore Namibia where it has made a major oil discovery, three industry sources familiar...
Galp | Media - Galp Energia
Institutional | 7th February Galp and Powin to build large-scale energy storage system in Portugal The 5MW/20MWh system will help Galp to adapt its solar power production profile to its energy needs.
Portugal's Galp says field off Namibia could contain 10 billion …
Apr 21, 2024 — Portuguese oil company Galp Energia said on Sunday it had concluded the first phase of exploration in the Mopane field off the coast of Namibia and estimated it could have at least 10 billion...