Overview
Galp Energia, SGPS, S.A. is a Portuguese energy group active across oil and gas production, refining and energy supply, customer-facing fuel and power sales, and renewable electricity. Its businesses are organized into Upstream, Industrial & Midstream, Commercial, and Renewables. Upstream activities are focused mainly on Brazil, Mozambique and Namibia, while its commercial business is centered on Portugal and Spain and extends to certain African countries.[1][2][3][4][5]
Galp states its purpose as “Let’s regenerate the future together,” reflecting its stated direction toward a lower-carbon energy system. It reported €19.5 billion in sales and services rendered in 2025 and describes its workforce as more than 7,000 people across 10 countries.[6][7][8] [1][2][3][4][5][7][6][8]
Products & services
Galp’s petroleum products include gasoline, diesel, fuel oil, jet fuel, lubricants, asphalt and other refined products. Its road-fuel range includes Evologic additive-treated gasoline and diesel; Evologic gasoline is offered in 95- and 98-octane grades. Galp also sells bottled butane and propane, including 12 kg Pluma butane and 10 kg Pluma propane cylinders, and Fórmula automotive lubricants alongside lubricants for industrial, marine and off-road uses.[9][10][11][12][13]
For commercial customers, Galp supplies aviation fuel and marine fuels; it states that its marine products comply with ISO 8217 and MARPOL requirements. Its wider energy offerings include natural gas and electricity supply, photovoltaic systems for self-consumption, and electric-vehicle charging. Its business charging service covers advice, installation, configuration, licensing, operation and maintenance of charging infrastructure, while drivers can locate charging points and pay through the Mundo Galp app.[14][15][16][17][18] [9][10][11][12][13][14][15][16][17][18]
Geographic presence
Galp is headquartered in Lisbon, Portugal. Its principal downstream markets are Portugal and Spain, where it operates fuel retail and EV-charging networks; it reported 1,243 service stations across Iberia at the end of 2025. Its refining operations are centred on Sines, Portugal. Galp also develops solar and battery-storage projects in both Portugal and Spain.[19][20][21][22]
Outside Iberia, Brazil is Galp’s principal oil-production geography, while Namibia is an offshore exploration and appraisal geography. Galp completed the sale of its Mozambique upstream interest in 2025. Its reported sales figures are broken down by business segment rather than by customer country, so a reliable country-by-country revenue share is not available from that disclosure.[23][24][25][7] [21][23][24][7][19][20][22][25]
Business segments
Galp reports four business segments. Upstream explores, develops and produces hydrocarbons. Industrial & Midstream covers refining and logistics, supply and trading of oil, gas and power, and co-generation. Commercial sells fuels, gas, electricity, electric-mobility and non-fuel products to business and consumer customers. Renewables & New businesses covers renewable power generation and other new businesses.[2][3][4][5]
Based on 2025 sales reported for these four segments, Commercial contributed approximately 50%, Industrial & Midstream 36%, Upstream 13%, and Renewables & New businesses less than 1%. Sales shares exclude the “Others” category and are calculated before inter-segment eliminations. On a different measure—each segment’s replacement-cost EBITDA relative to the consolidated total—Upstream contributed approximately 56%, Industrial & Midstream 32%, and Commercial 14%; Renewables & New businesses recorded a small loss. These EBITDA percentages do not sum to 100% because the consolidated figure also includes other activities.[7] [2][3][4][5][7][7][7][7][7][7][7][7][7]
Company history
Galp’s roots include SACOR, a Portuguese oil company founded in 1938, and Petrogal, which was formed in 1976 after the nationalisation of several oil companies. Galp itself was established on 22 April 1999 as a holding company for the Portuguese state’s interests in Petrogal, Gás de Portugal and Transgás. It adopted the name Galp Energia, SGPS, S.A. in 2000 and held its initial public offering in 2006.[26][27][28]
Galp expanded its oil and gas activities internationally, establishing a presence in Brazil in 1999; production from the Tupi/Iracema pre-salt area began in 2010. Offshore Mozambique, it announced the Mamba South gas discovery in 2011. In 2020, Galp expanded into solar power through the acquisition of a majority interest in a portfolio of Spanish projects.[29][30][31][32] [26][27][28][29][30][31][32]
Sources
- Galp Energia, SGPS, S.A. — Full financial report (2025 Y)
- www.galp.com[6]
- www.galp.com[8]
- Galp Energia, SGPS, S.A. — Full financial report (2024 Y)[9][21]
- www.galp.com[10]
- www.galp.com[11]
- www.galp.com[12]
- www.galp.com[13]
- www.galp.com[14]
- www.galp.com[15]
- www.galp.com[16]
- www.galp.com[17]
- www.galp.com[18]
- www.galp.com[19]
- www.galp.com[20]
- www.galp.com[22]
- Galp Energia, SGPS, S.A. — Partial financial report (2025 Y)[23][24]
- www.galp.com[25]
- museudasmarcas.pt[26]
- diariodarepublica.pt[27]
- www.galp.com[28]
- www.galp.com[29]
- www.galp.com[30]
- www.galp.com[31]
- www.galp.com[32]
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