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GalpEnergia


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Top of the Street: Anglo American, Publicis, Wolters Kluwer, Galp

BUZZ-Top of the Street: Anglo American, Publicis, Wolters Kluwer, Galp A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** J.P.Morgan cuts media stocks Publicis PUBP.PA and Wolters Kluwer WLSNc.AS to "neutral" from "overweight" as it says both had extended periods of stock over-performance ** Morgan Stanley downgrades Portuguese Galp GALP.LS to "underweight" from "equal weight" as it sees now the stock as less attractive than peers after shares already incor
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European shares rise on soft U.S. inflation data

UPDATE 2-European shares rise on soft U.S. inflation data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window German inflation confirmed at 2.5% in June DNB up after Q2 beat on higher fees Ambu jumps after it hikes outlook, reports Q3 beat STOXX 600 up 0.6% Updated at 1615 GMT By Shristi Achar A and Shubham Batra July 11 (Reuters) - European shares extended gains on Thursday as more upbeat earning updates and softer-than-expected U.S.
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Diageo, Publicis, Wolters Kluwer NV

EUROPE RESEARCH ROUNDUP-Diageo, Publicis, Wolters Kluwer NV July 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Diageo, Publicis and Wolters Kluwer NV, on Thursday. HIGHLIGHTS * Diageo DGE.L : HSBC cuts target price to 3,300p from 3,500p * Mfe-Mediaforeurope NV MFEB.MI : JP Morgan raises to overweight from neutral * Prosiebensat 1 Media SE PSMGn.DE : JP Morgan raises to overweight from neutral * Publicis PUBP.PA : JP Morgan cuts
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Galp Q2 Working Interest Production Down 1% Vs Q1

CORRECTED-BRIEF-Galp Q2 Working Interest Production Down 1% Vs Q1 Corrects period in the headline July 8 (Reuters) - Galp Energia SGPS SA GALP.LS : Q2 SALES OF OIL PRODUCTS TO CLIENTS UP 11% AT 1.8 MILLION TONNES VERSUS Q1 Q2 WORKING INTEREST PRODUCTION DOWN 1% AT 106,000 BARRELS OF OIL EQUIVALENT PER DAY VERSUS Q1 Q2 REFINING MARGIN DOWN 36% AT $7
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Tempur Sealy International, DOF Group, Galp Energia and JD.com July 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2 000 GMT on Tuesday: ** Private equity firm Vista Equity is in talks to cede control of its company Pluralsight to lenders, according to three people familiar with the matter and fund documents reviewed by Reuters.
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TotalEnergies to exit gas field offshore South Africa in blow to country

TotalEnergies to exit gas field offshore South Africa in blow to country CAPE TOWN, July 2 (Reuters) - French oil major TotalEnergies TTEF.PA has notified South Africa's petroleum regulator that it intends to withdraw from its 11B/12B offshore gas field but has yet to submit a formal request to do so, a source at Petroleum Agency SA said. TotalEnergies discovered the first of two large mainly gas finds in Block 11B/12B offshore the southern coast in 2019, and the withdrawal is a setback for Sout
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Oil majors show interest in Galp's Namibia oil prospect, sources say

UPDATE 1-Oil majors show interest in Galp's Namibia oil prospect, sources say Adds Apache declined to comment By Ron Bousso, Sabrina Valle and Sergio Goncalves 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 major oil discovery offshore Namibia, sources close to the sale process said.
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Over a dozen oil firms show interest in Galp's Namibia oil prospect, sources say

Over a dozen oil firms show interest in Galp's Namibia oil prospect, sources say By Ron Bousso, Sabrina Valle and Sergio Goncalves LONDON, July 2 (Reuters) - Over 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 major oil discovery offshore Namibia, sources close to the sale process said.
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Portugal's Regulator Warns About Fraudulent Adverts Surrounding Investment In Galp Shares

BRIEF-Portugal's Regulator Warns About Fraudulent Adverts Surrounding Investment In Galp Shares June 27 (Reuters) - Portugal's market regulator, Comissao do Mercado de Valores Mobiliarios (CMVM): SAID ON WEDNESDAY, WARNS ABOUT FRAUDULENT ADVERTISEMENTS SURROUNDING INVESTMENT IN GALP ENERGIA SHARES SAYS ADVERTISEMENTS REQUEST PERSONAL DATA FOR ALLEG
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Oil exploration boom in Namibia

FACTBOX-Oil exploration boom in Namibia June 21 (Reuters) - Namibia has become an oil exploration hotspot after several discoveries in recent years along its coast. It has not yet produced any oil or gas, but oil majors such as TotalEnergies TTEF.PA and Shell SHEL.L have made discoveries estimated at 2.6 billion barrels, with production in the southern African country expected from about 2030. There have been discoveries in the Orange Basin and there are other prospective areas, including Luderi
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The duo atop the biggest and most contentious US LNG exporter

NEWSMAKER-The duo atop the biggest and most contentious US LNG exporter The two industry outsiders upending LNG markets Venture Global LNG has shot up the ranks of gas exporters Customers BP, Shell say the pair flout industry norms By Curtis Williams HOUSTON, June 11 (Reuters) - U.S. liquefied natural gas (LNG) exporter Venture Global LNG this year became one of the country's largest producers of the superchilled gas and the industry's most contentious supplier, facing contract claims by six cus
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US orders Venture Global LNG to provide customers documents about problems

UPDATE 2-US orders Venture Global LNG to provide customers documents about problems Adds Venture Global and Shell's responses, paragraphs 6-8 By Curtis Williams HOUSTON, June 10 (Reuters) - A U .S. regulator on Monday ordered liquefied natural gas developer Venture Global LNG to provide customers with documents about the mechanical problems and startup of a Louisiana plant.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Hargreaves Lansdown, Lagardere, SocGen, European Energy Exchange; updates Anglo American May 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Wednesday: * * A consortium comprising CVC Advisers and the Abu Dhabi Investment Authority said it was considering a possible revised offer for Hargreaves Lansdown HRGV.L after the British investment platform's board rejected a buyout proposal it had made in A
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Biogen, Oaktree Capital Management Updates: Anglo American, Abu Dhabi National Oil Company May 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** Anglo American AAL.L rejected a takeover proposal from BHP Group BHP.AX that valued the company at 29.34 pounds per share.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions May 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** BHP's BHP.AX bid for Anglo American AAL.L underlines the growing appetite for energy transition metals like copper from miners who must become more aggressive to secure new projects or risk missing out, investors and mining CEOs said.
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ADNOC makes fourth gas foray abroad with Mozambique deal

UPDATE 2-ADNOC makes fourth gas foray abroad with Mozambique deal Updates with details, background throughout DUBAI, May 22 (Reuters) - Abu Dhabi National Oil Company (ADNOC) has bought Galp's GALP.LS 10% stake in the Area 4 concession of the multi-billion-dollar natural gas project in Mozambique's Rovuma basin, its fourth international foray into gas.
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Adnoc makes first foray into Mozambique with 10% stake in GALP concession

Adnoc makes first foray into Mozambique with 10% stake in GALP concession DUBAI, May 22 (Reuters) - Abu Dhabi National Oil Company (ADNOC) has acquired a 10% stake in Galp's GALP.LS Area 4 concession of the Rovuma basin in Mozambique, it said on Wednesday, its first foray into the African country. Under the terms of the deal, ADNOC will have access to a share of the liquefied natural gas (LNG) production from the concession, which has a combined capacity of more than 25 million tonnes per annum,
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Galp To Divest Its 10% Stake In Area 4 Mozambique

BRIEF-Galp To Divest Its 10% Stake In Area 4 Mozambique May 22 (Reuters) - Galp Energia SGPS SA GALP.LS : TO DIVEST ITS 10% STAKE IN AREA 4 MOZAMBIQUE SIGNS AGREEMENT WITH ADNOC FOR SALE OF ITS UPSTREAM ASSETS IN MOZAMBIQUE UPON COMPLETION, IT WILL RECEIVE C.$650 M FOR ITS SHARES AND SHAREHOLDER LOANS, ALREADY NET OF CAPITAL GAIN TAXES AS OF TRANSA
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Exxon, Shell Are Said To Weigh Bids For Galp Namibia Stake- Bloomberg News

BRIEF-Exxon, Shell Are Said To Weigh Bids For Galp Namibia Stake- Bloomberg News May 21 (Reuters) - EXXON, SHELL ARE SAID TO WEIGH BIDS FOR GALP NAMIBIA STAKE- BLOOMBERG NEWS TOTAL, EQUINOR ARE ALSO EYEING 40% STAKE IN MOPANE OIL FIELD - BLOOMBERG NEWS Source text: https://tinyurl.com/27eohucg
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Federal regulators sign off Venture Global's repairs at Louisiana plant

UPDATE 1-Federal regulators sign off Venture Global's repairs at Louisiana plant Adds Shell's comments in paragraphs 8-9 HOUSTON, May 14 (Reuters) - U.S. federal regulators said on Tuesday they are satisfied that Venture Global LNG is trying to correct faults at the heat recovery steam generator (HRSG) at its Calcasieu Pass LNG export plant in Louisiana and expects the work to be completed in the timeline promised by the exporter.
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