oil.

„Instead of changing the existing strategy, we are working on a new, comprehensive and long-term plan, which we will announce before the current one expires, either as the PGNiG Capital Group or as part of a multi-energy concern,” Paweł Majewski, PGNiG CEO says in an interview with BiznesAlert.pl.

What goes on in Poland on the 6th of April.

The Suez Canal has been clogged since the 23rd of March. Will the blockade cause issues with the delivery of energy resources, and thus undermine Polish home budgets? Only if it lasts for a long time, which seems unlikely – writes Wojciech Jakóbik, editor in chief at BiznesAlert.pl.

I don’t think there is a country in the world where fuel prices at gas stations do not stir up emotions. This topic often occupies headlines, is regularly commented on by politicians and ever present in casual conversations. While in importer states the issue is often rightly explained by the fluctuations in oil prices on […]

What goes in Poland on 16th of March?

In order to make European refineries profitable again, further cuts in capacity are necessary. By 2025 they are estimated at 1.35 million barrels per day. Individual refineries that profit from oil refining are at the biggest risk of going under. Lotos’s refinery would join this group, because even high efficiency won’t protect it from refining […]

What goes in Poland on 16th of February.

The shale revolution caused a breakthrough in oil trade across the globe, making the United States one of the world’s most important oil exporters. In Russia this term has a negative connotation, but even that sate will have to go through a transformation if it wants to be successful on the hydrocarbon extraction and trade […]

The OPEC+ group is meeting again to talk about oil prices hoping for an economic rebirth, which is still under question, because of the news about the new coronavirus waves and strains. That is the case at least in the West, because so far the „Chinese virus” has been benefiting… China, which has increasing impact […]

Orlen Lietuva used rail connection to Ukraine to transport oil products for the first time in history.