Polish Briefing: Orlen counts on EC’s positive decision on aquisition of Lotos
What goes on in Poland on the 25th of October.
What goes on in Poland on the 25th of October.
– Poles want energy transformation, but they do not want social stratification to happen. If we went in the direction desired by ecological organizations, we would have to deal with increases in energy prices, along with other products – said Minister of Energy Krzysztof Tchórzewski at the New Industry Congress.
Ukraine, Russia and the European Commission have discussed terms and conditions for using transit capacity of Ukraine’s gas transmission system (GTS) after the expiration of the current contract between Naftogaz and Gazprom on 1 January 2020 during a new round of trilateral negotiations, which took place in Brussels today.
PKN ORLEN S.A. (“Company”) hereby notifies that on 26 August 2019 an agreement was signed between the State Treasury, the Company and Grupa LOTOS S.A. headquartered in Gdansk (“Grupa LOTOS”) in relation to a transaction for the purchase of shares in Grupa LOTOS S.A. by PKN ORLEN S.A. from the State Treasury (the “Agreement”), ( […]
Scientists report that global temperature increases must be limited to below 1.5 degrees Celsius. With global greenhouse gas emissions continuing to increase and rising temperatures driving up the frequency of extreme weather events, the world needs a greater commitment to climate policy – writes Guntram B. Wolff for Bruegel think tank.
The new members of the European Parliament and European Commission who start their mandates in 2019 should put in place major policy elements to unleash the energy transition. It is becoming economically and technically feasible, with most of the necessary technologies now available and technology costs declining. The cost of the transition would be similar […]
What goes on in Poland on the 30th of July.
On Wednesday 17 July, the European Parliament held a debate to vote on Ursula von der Leyen’s candidacy for the position of President of the European Commission. The German politician outlined her vision and action plan. – An increasing number of measures in the EU will be taken through the assessment of their compliance with […]
What goes on in Poland on the 17th of July.
PKN ORLEN has just filed a formal application for the European Commission’s approval of its proposed acquisition of LOTOS Group. The completion of the process would result in a single strong internally integrated entity with international potential, whose position in the oil supply market would be even more prominent.