Galp and Moeve Shake Up the Energy Scene
Galp and Moeve are exploring a strategic alliance aimed at restructuring their businesses in the Iberian Peninsula to navigate the growing challenges of the energy transition.
Moeve-Galp, making virtue of necessity
The article discusses the deep economic interconnection between Spain and Portugal, highlighting that in 2024, Portugal imported 33% of its products from Spain, matching purchases from major economies like Germany and France.
Moeve and Galp Revolutionize the Iberian Fuel Market
Spanish company Moeve and Portuguese company Galp plan to merge their businesses in the Iberian Peninsula, a move that could challenge Repsol in the energy market.
Key points of the Moeve-Galp merger: a challenge to Repsol, two brands, and the Atlantic key to hydrogen
The merger between Moeve (formerly Cepsa) and Galp signifies a significant shift in the Iberian oil market, combining their gas stations and industrial businesses while challenging Repsol's historical dominance.
Moeve and Galp negotiate merging their refineries and gas stations in the Iberian Peninsula
Moeve and Galp have reached a non-binding agreement to negotiate the potential integration of their downstream businesses in the Iberian Peninsula to create a stronger competitor in the market.
Moeve (Cepsa) and the Portuguese Galp are negotiating the merger of their gas stations and refineries
Moeve (formerly Cepsa) and the Portuguese company Galp are in advanced negotiations for a merger of their gas stations and refineries, potentially creating a significant player in the Spanish oil market.
Moeve and Galp create a giant of gas stations and refining to compete against Repsol
Moeve and Galp have established a large industrial platform integrating refining, trading, and chemical activities with over 3,500 service stations across the Iberian Peninsula to compete with Repsol.
Moeve and Galp negotiate the integration of their gas stations and refineries
Moeve and Galp are in non-binding talks to integrate their downstream businesses to establish leading energy and mobility platforms in Europe.