The Portuguese company Galp announced on Sunday that it had discovered more than 10 thousand million oil barrels in Mopane, Namibia. According to experts, considering the substance and the size of the finding, the company has two viable options. It can either sell the project, or explore it and sell the oil. Given the uncertainty that is currently associated with the oil sector and exploration… Source ..read more

The Portuguese real estate supply increased by 11% in the beginning of 2024. According to the National Statistics Institute (INE), the amount of real estate deals in Portugal dropped by 11.4% during the end of 2023. Consequently, such a decrease led to an increase in the supply of properties available in the beginning of 2024. The most recent data available show that there are more properties… Source ..read more

Step back in time to the storied streets of Lisbon, where the air was electric with anticipation on that fateful day of April 25th, 1974. In the heart of this historic city, a nation on the brink of change stood poised for a revolution unlike any other. Picture the scene: cobblestone alleys lined with whispers of discontent, bustling squares pulsating with the rhythmic beat of a nation’s yearning… Source ..read more

Nestled in the heart of Portugal, the Joanina Library is a haven for any bibliophile, student, or scholar. With its rich collection of ancient books and Baroque architecture, the library makes for a time-traveling machine that allows you to explore the country’s literary heritage! Seeing the intricacies of this library and discovering how workers preserve the books is truly a once-in-a-lifetime… Source ..read more

Throughout centuries of history, countless Portuguese navigators and explorers explored new territories and continents, leaving an indelible legacy for future generations. Their intrepid journeys and daring discoveries opened up new horizons and connected distant civilizations, shaping the course of world history. Over time, a myriad of Portuguese have transcended borders and challenges… Source ..read more

Convent of the Capuchos feels like a world away from the crowds of Sintra although it rests in the same hills along with famous palaces such as Monserrate and Pena Palace. It has been almost 500 years since the convent was first founded yet it still retains its sense of serenity. This small convent, also known as the Cork Convent, demonstrates a Franciscan commitment to simplicity and austerity. Source ..read more

A study suggests that a sharp increase of the tobacco tax in Portugal can lead to the growth of illegal consumption. A recent European study drew attention to the fact that imposing a very high tax on the consumption of tobacco can lead to an increase in the illicit consumption of the product. The study, which was performed by Povaddo and requested by Philip Morris International… Source ..read more

The Portuguese tax burden dropped 0.2 percentage points in 2023, when compared to the previous year. Despite the projections made by the former Government, in which the value would account for 37.4% of the country’s GDP (which would be a new record), last year, the burden accounted for 35.8% of the country’s GDP. According to the National Statistics Institute, this was the first decrease of… Source ..read more

Are you a museumgoer? Are you planning to visit Lisbon soon? Perfect! We’ve been expecting you! We’ve prepared quite a comprehensive guide about the National Museum of Ancient Art that will undoubtedly spark your curiosity! Keep reading to learn some details about the museum’s history and the most significant art pieces in its collection! We’ve also included information about the location, hours… Source ..read more

Are you planning a trip to Lisbon? If so, you must be scouting for must-visit places in the city, right?! We’ve got something you’ll probably enjoy – the Bordalo Pinheiro Museum! It is dedicated to the life and work of Rafael Bordalo Pinheiro, one of Portugal’s most celebrated artists. Even if you’re not an art enthusiast, you’ll embark on a culturally rich journey by visiting the museum… Source ..read more