Tag: Galp

Petrobras sells 50% stake in Belem Bioenergia Brasil to Galp Bioenergy

Petrobras sells 50% stake in Belem Bioenergia Brasil to Galp Bioenergy

August 10, 2019 |

In Brazil, Petrobras signed a contract to sell its 50% stake in Belem Bioenergia Brasil to Galp Bioenergy BV, which holds the other 50% stake in the company. According to the Petrobras press release, the transaction value is R$ 24.7 million (about $6.3 million), which will be retained by Galp until December 2020 for potential […]

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Galp Energy to launch jatropha biofuels project in Mozambique

Galp Energy to launch jatropha biofuels project in Mozambique

February 8, 2012 |

In Mozambique, Portugal’s Galp Energy plans to set up a second generation biofuel project using its jatropha plantations as feedstock. The company already has set up jatropha in the country with planted area seen reaching 23,000 hectares by 2016 that should produce 30,000 tons of oil annually. The study is half funded by the Fund […]

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