While the upstream division performed better, along with the rebound in oil prices, these are “really tough times” in refining. The disposal in natural gas infrastructure, announced today and expected to close in Q1 21, will offset the solar acquisition and help the group keep its leverage under control.
26 Oct 2020
Q3: upstream rebounds
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Q3: upstream rebounds
Galp Energia, SGPS S.A. Class B (GALP:LIS) | 0 0 0.0%
- Published:
26 Oct 2020 -
Author:
Kevin VO -
Pages:
2
While the upstream division performed better, along with the rebound in oil prices, these are “really tough times” in refining. The disposal in natural gas infrastructure, announced today and expected to close in Q1 21, will offset the solar acquisition and help the group keep its leverage under control.