Galp Energia (GLPEY) concludes the first phase of exploration of the Mopane field in PEL 83 and estimates that it might contain nearly 10 billion barrels of oil.
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The continent-wide STOXX 600 index rose 0.6%, rebounding from last week's selloff triggered by geopolitical concerns as well as worries that the Federal Reserve will delay interest rate cuts. Greece's ATHEX index gained 2.0% after credit ratings agency S&P revised the country's outlook to "positive" from "stable".