Company report
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12 Pages

Galp Energia refining and oil products summary


Galp Energia refining and oil products summary

Report summary

Completed in 2012, Galp's €1.4 billion refinery upgrade investment programme - focussed at the Sines and Porto refineries in Portugal - is starting to generate positive returns for the business, supported by the favourable refining margin environment experienced since the second half of 2014. Future investment will remain largely focussed on the Upstream sector, which is at the core of Galp's growth strategy. The downstream strategy on the other hand is focussed optimising Galp's Refining & Marketing operations within its 'home' Iberian region, which continues to experience weak demand growth for most major oil products. Along with the refinery upgrades, a key part of Galp's plan to address the structural imbalance between oil product sales and production has been its expansion into growth markets beyond its core region, specifically in Africa, where Galp has a growing fuel retailing presence. 

What's included?

This report includes 1 file(s)

  • Galp Energia refining and oil products summary PDF - 331.20 KB 12 Pages, 3 Tables, 7 Figures

Description

The energy industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation all impact the production process.

This Refining and Oil Products Company report provides an overview of company strategy, the competitive position of fuels marketing and its profitability in Europe. You'll also find a detailed analysis of company strengths, weaknesses, opportunities and potential threats.

Focusing on competitive benchmarking, this company report gives both new entrants and existing players an in-depth view of this company within the European fuels marketing sector. Use this to identify investment needs and acquisition opportunities, and strengthen business strategies.

With over 20 years of experience in the refining industry, Wood Mackenzie is a trusted global leader with a reputation for producing consistently reliable information. Our senior analysts are based in the markets they analyse. They use detailed research data to forecast, benchmark and recognise trends that will help both new and existing participants identify opportunities and avoid risks.

  • Executive summary
    • SWOT Analysis
    • Upstream growth to be funded by Refining & Marketing and Gas segment cash flows
    • The upgraded refineries are central to improving profitability
    • Key partnership agreements expected to boost the fuels marketing business
    • Downstream focus on operational efficiency, cost reduction, to drive return on investment
  • Financials
  • Portfolio summary
    • European Refining & Marketing Operations
    • Refining
    • Marketing
  • Refining and oil products
    • Supply/Demand
    • Implications & Outlook
  • Mergers and acquisitions

In this report there are 10 tables or charts, including:

  • Executive summary
    • Executive summary: Table 1
  • Financials
    • RCA Operating profit by business segment
    • Capital expenditure by business segment
  • Portfolio summary
    • Portfolio summary: Image 1
    • Portfolio summary: Image 2
    • Galp - 2014 Refining capacity by country (kb/sd)
    • Galp - 2014 Service stations by country
  • Refining and oil products
    • Total Company Position
    • Refining and oil products: Table 1
  • Mergers and acquisitions
    • Mergers and acquisitions: Table 1
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