oil.

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

The European Commission will not transfer the last € 600 million tranche for Ukraine. This action is a part of current Macro-Financial Assistance programme. It is worth € 1.8 billion and was approved in 2015. However, it is ready to consider the issue of further MFA provided reform momentum is stepped up.

Russia will sulfurate our oil, resulting in the increase of the costs for PKN Orlen and the Lotos Group. This is another argument for diversification. We have an ally in the yard who can also help and attack the Russians in the back of their traditional market – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

Benzina, the largest network of petrol stations in the Czech Republic owned by the Unipetrol Group, opened the 400th petrol station thus further strengthened its leading position on the market. The growth in the number of stations is closely associated with the OMV petrol stations’ takeover. Of the 65 acquired stations, 54 stations have been […]

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

What goes on in Poland on the 30th of October.

What goes on in Polandon the 24th of October.

Shell has been present in Poland for 25 years. In an interview for BiznesAlert.pl Piotr Dziwok, Shell Polska’s CEO assessed positively the so-called fuel package, which was introduced a year ago. However, he also criticized the Act on mandatory stocks. „This is a regulation that constitutes a serious threat to creating a gas hub in […]

On 8th September Glencore and Qatar Investment Fund (QIF) announced that the Chinese company CEFC would shortly finalise a transaction to buy 14.16% of shares in Rosneft. This information was confirmed by Rosneft’s CEO Igor Sechin. The value of the transaction is said to be US$ 9 billion. The first stage of Rosneft’s privatisation was […]

What goes on in Poland on the 11th of September.