Moeve

Companies, Relevant News Item 3rd March 2026

Moeve begins construction of 300 MW hydrogen project in Palos de la Frontera, to be operational in 2029

Norbolsa | The company has approved the FID (investment decision) to launch the Onuba project, a hydrogen project in La Rábida. This project marks the start of construction of 300 MW (expandable to 400 MW) of hydrogen in Palos de la Frontera, which will be operational in 2029. Moeve will hold a 51% stake in this project, which will also involve Masdar (a renewable energy company from the United Arab…

Companies 27th January 2026

Moeve partners with GreenYellow to offer industrial sector decarbonisation services

Alphavalue / Divacons | Moeve brings GreenYellow on board as a strategic partner with the aim of strengthening its offering of comprehensive energy solutions and including the decarbonisation of the industrial sector. In this way, the oil company complements its offering for industry, to which it already provides gas and electricity services, while advancing the decarbonisation of its own Energy Parks and chemical plants. The alliance will enable the design…

Companies 12th January 2026

Merger of Moeve and Galp’s downstream businesses brings them closer to Repsol in number of service stations and refining capacity

Norbolsa | Moeve and Galp announced last week that they are in negotiations to merge their downstream businesses. The possible creation of two European energy platforms is being evaluated: An industrial platform focused on refining, chemicals, trading, green molecules and low-carbon fuels, aimed at serving B2B customers (IndustrialCo); Moeve’s current shareholders, Mubadala and Carlyle, will control the industrial platform, while Galp will retain a stake of more than 20%. Another…

Companies 8th January 2026

Moeve and Portugal’s Galp to integrate downstream businesses to create two energy and mobility platforms on Iberian Peninsula

Alphavalue/ Divacons | Formerly Cepsa, now Moeve, and Portuguese oil company Galp are negotiating the integration of their petrol stations and refineries (downstream businesses). The aim is to create two leading platforms in the Iberian Peninsula in energy and mobility. On the one hand, an industrial platform will be created with refining, trading, chemical and energy activities based on green molecules (biofuels and hydrogen), serving B2B customers with a competitive…

In Spain 31st October 2024

Cepsa rebrands itself as Moeve to drive transformation and say goodbye to oil

Cepsa has changed its name to Moeve, a rebranding that symbolizes its commitment to becoming a leader in the European energy transition and leaving behind its oil-related past. As part of its ‘Positive Motion’ strategy for 2030, this change also aims to accelerate its decarbonization and that of its clients, through an investment of up to €8 billion, of which more than 60% will be allocated to sustainable businesses, such…