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Galp

Dividends

Portuguese Family-Controlled Groups Walk Away With €653 Million From the 2026 Cotada Dividend Cycle — Soares dos Santos Leads, Azevedo and Amorim Take the Next Two Steps of the Podium and Queiroz Pereira Drops Out as Navigator's Cheque Halves

The 2026 dividend cycle of the Portuguese cotadas — the listed companies that anchor the PSI index — has now closed enough of its calendar to allow the family-controlled-group rankings to be drawn. Jornal de Negócios's accounting puts the headline...

Economy

Brent Cracks Below $100 to $99.55 on the Trump-Iran Hormuz De-escalation — Portugal's Energy-Shock Unwind Resets the Pump-Price Trajectory, Galp's Downstream Tail-Wind and the IMF Article IV's Fuel-Excise Recommendation

Brent July futures cracked below $100 to $99.55 on Thursday, down 12.5% from Tuesday's $113.54 peak, after Trump paused the Hormuz Project Freedom escort initiative. The unwind resets pump-price trajectories and reframes the IMF Article IV fuel-excise recommendation.

Business

Brasília's ANP Approves Galp's Berbigão and Sururu Unitization Agreements Eight Years After Submission — The Portuguese Producer Settles at 6.45% in Berbigão and 9.497% in Sururu of the Pre-Sal Block BM-S-11A That Has Been Pumping Since 2019

Brazil's Agência Nacional do Petróleo cleared Galp's eight-year-pending unitization for Berbigão and Sururu on 4 May 2026. Galp's stake settles at 6.45% / 9.497% — and the Lisbon producer says financials already book the change since Q3 2022.