Three breakthroughs in the energy sector in 2020 that will impact 2021

2020 was marked by the coronavirus pandemic, which adversely impacted the entire economy, including the energy sector. Fortunately, the past year was not all bad and brought a few positive developments, such as PGNiG’s victory over Gazprom, or key acts for Poland’s renewable energy sector – writes Wojciech Jakóbik, editor in chief at BiznesAlert.pl.

Victory over Gazprom is reflected in PGNiG’s record results

In the nine months to September 30th 2020, the PGNiG Group’s EBITDA and EBIT came in at nearly PLN 10.7bn and more than PLN 8.24bn, respectively. Despite low prices of oil and gas and the global economic downturn caused by the coronavirus pandemic, the PGNiG Group once again delivered robust financial performance and strong operating […]

Polish Briefing: More gas for Baltic Pipe incoming

Polish PGNiG informs that the drilling of an exploration well on the Warka prospect in licence PL1009 in the Norwegian Sea has been successfully completed. The well is located in an area where PGNiG Upstream Norway has conducted hydrocarbon exploration and production operations for many years now. Preliminary estimates put the recoverable resources of the […]

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