Galp Q2 Refining Surges 2.7%

Galp Energia SGPS SA

reported a 2.7% y/y rise in crude processed for refining in the second quarter. Its quarterly refining processing surged to 21.5 million barrels, versus 20.9 million barrels, in the year-ago period. Oil output gained 37% y/y to 18,800 barrels a day.