Portuguese oil and gas company Galp Energia cut its dividend payout by half on Monday after reporting a 98% plunge in fourth-quarter net profit as the COVID-19 took its toll on margins and output.
Portuguese oil and gas company Galp Energia cut its dividend payout by half on Monday after reporting a 98% plunge in fourth-quarter net profit as the COVID-19 took its toll on margins and output.
Portugal's oil and gas company, Galp Energia, on Monday posted a 98% plunge in adjusted fourth-quarter net profit on a steep slump in refining margins and a drop in output due to the impact of the coronavirus pandemic.
Portuguese oil and gas company Galp Energia cut its dividend payout by half on Monday after reporting a 98% plunge in fourth-quarter net profit as the COVID-19 took its toll on margins and output.
Portugal to reintroduce border controls with Spain as COVID-19 cases surge Reuters 1/28/2021
LISBON, Jan 28 (Reuters) - Portugal s government announced on Thursday it would reintroduce controls along its 1,200-km (750-mile) border with Spain as authorities scramble to control a surge in coronavirus infections and deaths.
Cabinet Affairs Minister Mariana Vieira da Silva also said Portuguese nationals would be banned from travelling to other countries by air, land or sea over the next 15 days, confirming an earlier announcement by the interior minister. (Reporting by Catarina Demony and Sergio Goncalves Editing by Frances Kerry)