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    Galp Energia SGPS SA (GLPEY)

    -Other OTC
    5.39 Up 0.04(0.75%) Dec 19, 1:11PM EST
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    Galp Energia SGPS SA
    Rua Tom
    Lisbon, 1600-209
    Portugal - Map
    Phone: 351 21 724 2500
    Fax: 351 21 724 2965
    Website: http://www.galpenergia.com

    Index Membership:N/A
    Full Time Employees:6,968

    Business Summary 

    Galp Energia, SGPS, S.A. explores for and produces oil and natural gas, and refines and markets oil products worldwide. Its Exploration & Production segment explores for, develops, and produces hydrocarbons in approximately 40 projects worldwide with proved, probable, and possible reserves of 707 million barrels of oil equivalent. The company’s Refining & Marketing segment is engaged in the refining, and retail and wholesale marketing of oil products; operation of oil products storage and transportation infrastructure; and operation of 1,435 service stations in Portugal, Spain, and Africa. Its Gas & Power segment procures, distributes, and markets natural gas; generates and sells electric, thermal, and wind power; and holds interests in 6 cogeneration plants with a total installed capacity of 254 megawatts, and wind farms. The company is also engaged in the research, production, processing, logistics, and marketing of grain, vegetable oil, biofuel products, and their derivatives; study, projection, installation, production, and commercialization of biofuels; treatment and recovery of waste; sale and purchase of equipment; management of equity participations; management, purchase, sale, and resale of real estate; development and operation of marine terminals; and technical management of ships, crews, and supply. In addition, it provides business management and consultancy; information and electronic commerce; on-line commerce management and operation; open investment fund; and marine transport services, as well as sells food products, utensils, presents, newspapers, magazines, records, videos, toys, drinks, tobacco, cosmetics and hygiene products, and travel and vehicle accessory items. The company was formerly known as Galp – Petróleos e Gás de Portugal, SGPS, S.A. and changed its name to Galp Energia, SGPS, S.A. in September 2000. Galp Energia, SGPS, S.A. was founded in 1999 and is headquartered in Lisbon, Portugal.

    Key Statistics

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    Key Executives 
    Mr. Manuel Ferreira De Oliveira , 64
    Vice Chairman, Chief Exec. Officer and Chief Operating Officer
    Dr. Luís Maria Viana Palha da Silva ,
    Vice Chairman, Deputy Chief Exec. Officer and Chief Operating Officer of Refining & Marketing
    Mr. Filipe Cris Silva ,
    Chief Financial Officer and Exec. Director
    Mr. Carlos Nuno Gomes da Silva Eng., 45
    Chief Operating Officer of Gas & Power/Oil & Gas Trading and Exec. Director
    Mr. Carlos Manuel Costa Pina ,
    Chief Corp. Officer of Biofuels and Exec. Director
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.