PERN: Extension of the Gdansk Oil Terminal launched

More than 2.5 million barrels (400 000 m³) of new crude oil storage capacity — this is the number by which the capacity of PERN Gdansk Oil Terminal will increase. The company plans to build 5 tanks which will allow it to service tankers entering the Naftoport even more efficiently. Currently, TNG Gdansk operates 6 […]

Assets in Europe at the aim of Gazprom

Gazprom’s presence in the mining sector and gas infrastructure in Europe is becoming more and more troublesome, including the contested Nord Stream 2. However, the Russians are counting on new transactions that will allow them to reach for new assets – says Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

Orlen Group takes full ownership of Unipetrol

​PKN ORLEN has finalised a transaction to buy all shares in Unipetrol, its Czech subsidiary. The transaction will enable the Group to better exploit synergies and implement optimisation measures more effectively. It will also bring tangible benefits to the Czech company by significantly strengthening its competitive position in the region.

Does Gazprom want to oppress PGNiG?

PGNiG informed that the Stockholm Court of Appeal announced that Gazprom had filed a complaint to set aside the partial ruling of the Arbitration Tribunal of June 30, in which it ruled that the contractual condition entitling PGNiG to demand a price change for gas delivered to Poland under the Yamal Contract has been fulfilled […]

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