oil.

What goes on in Poland on the 25th of October.

​Still this year, the ORLEN brand will be displayed at the Company’s service stations in the Czech Republic, Germany and Slovakia. This is an element of a co-branding strategy providing for joint use of the ‘Benzina’ and ‘star’ local brands with the ORLEN Group’s logotype. As part of these efforts, whose ultimate goal is to […]

What goes on in Poland on the 23rd of September.

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”), ( […]

What goes on in Poland on the 21st of August.

Within two years, PGNiG will increase its natural gas and crude oil production by 13% and 12%, respectively. The Company expects that in 2021 it will produce 5.2 bcm of natural gas and approximately 1.4 million tonnes of crude oil both in Poland and abroad.

Refinery and petrochemical group Unipetrol has long been committed to environmental protection. In 2018 it spent a record-high sum of CZK 1.87 billion in capital and operating expenditure on environmental protection. The amount invested in this area has totalled CZK 6.7 billion over the past five years.

There is a clear battle going on in the oil market- uncertainty over demand growth versus a constructive supply picture in the near term. But which will prevail? For the remainder of this year, the market should tighten, but moving into 2020 we see a looser balance once again – writes Warren Patterson from ING.

The common goal of Russia and Iran is to limit the role of the U.S. in the Middle East. At the same time, the Russian authorities are afraid to help Iran become too powerful, as this may threaten the Kremlin’s own position in the region. On the other hand, the growing conflict between Iran and […]

​ORLEN Paliwa, an ORLEN Group company, has signed a cooperation agreement with Green Lab Sp. z o.o. that will help secure diesel supplies for companies of the National Support Centre for Agriculture (KOWR). In the first stage of the programme, ORLEN Paliwa will deliver ca. 16 million litres of diesel oil this year alone to […]