PKN Orlen to support local community initiatives under ‘My Place on Earth’ programme

​The ORLEN GIFT FROM THE HEART Foundation has invited applications for the second edition of ‘My Place on Earth’, a programme designed with local communities in mind. Applications for grants supporting community initiatives may be submitted by NGOs and local government institutions from all over Poland by September 9th 2019. The amount allocated this year […]

PKN Orlen presented its consolidated financial results for Q2 2019

In the second quarter of 2019, PKN ORLEN earned LIFO-based EBITDA of PLN 2.7bn, an increase of more than PLN 600m y/y. Earnings improved despite a more challenging macroeconomic environment, affected chiefly by the declining Brent/Urals differential (down by USD 1.7/bbl y/y). The Group’s LIFO-based EBITDA was driven mainly by robust performance in Downstream and […]

Gustorzyn gas copressor station with location decision

On July 19, 2019, the Voivode of the Kujawsko – Pomorskie province issued a decision on determining the location for the construction of the Gustorzyn Gas Compressor Station, together with the infrastructure necessary for its operation, in the area of Gustorzyn, in the commune of Brześć Kujawski. The gas compression station in Gustorzyn is an […]

Russia’s Transneft and Rosneft embroiled again in “crude wars”

A row over the reasons for the Druzhba pipeline contamination crisis gave rise to an open conflict between Russia’s biggest crude producer and the country’s oil pipeline monopoly. But what was initially seen as nothing more than just leveling mutual accusations has gone beyond a typical business quarrel between two large firms. This might eventually […]

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