Galp Energia SGPS SA 2009 AR2
The report highlights Galp Energia's performance and strategic progress during the challenging economic environment of 2009. Despite a 55% decrease in replacement-cost net profit to 213 million euros, the company continued its transformational plan, including the refinery conversion projects in Sines and Matosinhos. Key milestones included the start of production at the Tupi field in Brazil and the Tombua-Landana field in Angola. In the Gas & Power segment, Galp Energia agreed to acquire natural gas distribution and marketing assets in Madrid, positioning itself as the second-largest Iberian natural gas operator. The company also established the Galp Energia Foundation to promote social, environmental, and cultural initiatives.
Company: Galp Energia SGPS SA
Sector: Mining & quarrying
Country: Portugal
Year: 2009
Type: AR2
Pages: 224
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Galp Energia SGPS SA
Annual Report And Accounts
The report highlights Galp Energia's performance and strategic progress during the challenging economic environment of 2009. Despite a 55% decrease in replacement-cost net profit to 213 million euros, the company continued its transformational plan, including the refinery conversion projects in Sines and Matosinhos. Key milestones included the start of production at the Tupi field in Brazil and the Tombua-Landana field in Angola. In the Gas & Power segment, Galp Energia agreed to acquire natural gas distribution and marketing assets in Madrid, positioning itself as the second-largest Iberian natural gas operator. The company also established the Galp Energia Foundation to promote social, environmental, and cultural initiatives.
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Document Details
Report Year
2009
Reporting Period
Jan 1, 2009 - Dec 31, 2009
Fiscal Year
2009
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Employees