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Galp Energia

Headquarters : Edificio Galp Energia, Torre C, Rua Tomas de Fonseca 1600-209 Lisbon Portugal Portugal web tel. +351-21-724-2500 analytics


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« Ethical » rating of Galp Energia , group and subsidiaries

Pollution 1 Fraud 1 Sales 6 Bn $.€ /year
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ENI SpAItalia33,4Les Echos
Iberdrola SASpain4Les Echos
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country : consequences
2009Portugal : Galp Energia closes its refinery in Sines, close to Lisbon, during six weeks following a fire.Les Echos
country : consequences
 1 informations, access to subscribers

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yearfinancial misdemeanorsales source
2007 The European Union fined Repsol YPF and Cepsa more than 80 million euros each, AB Nynas Petroleum and Galp Energia up to 10 million euros for fixing the price of a key asphalt ingredient. The European Commission said the cartel fixed prices, sales volumes and market quotas from at least 1991 to 2002. The market was worth up to 286 million euros at the time. BP won full immunity and did not have to pay its 66.42 million euro "It is unacceptable that these companies cheated customers, public authorities and taxpayers in Spain for almost 12 years by carving up the market," said EU Competition Commissioner Neelie Kroes. "The Commission will not tolerate such illegal activity by companies to swindle clients and we will continue to impose stiff penalties on offenders," Kroes said. As BP was the first company to come forward with information on the cartel, it received full immunity and did not have to pay its 66.42 million euro.     AP
2000   5,91   billion US$
1999   4,96   billion US$
1998   5,19   billion US$
yearfinancial misdemeanorsalesincomeassetsbuybacksource
 4 informations, access to subscribers

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