Schmitt: Final USA sanctions will stop Nord Stream 2 (INTERVIEW)

– Moscow tries to project a false sense of Nord Stream 2 momentum ahead of what are likely the final sanctions actions that the US Congress will take that will de facto stop the project for many years if not for good – argues Dr. Benjamin L. Schmitt, Harvard University, and Former U.S. State Department […]

Poland’s oil giant goes green

PKN Orlen is a fuel company that produces and sells oil products in Central and Eastern Europe. Within a decade it wants to transform into a multi-utility powerhouse that profits from generation and sale of power from renewables, and from processing oil for the chemical industry – writes Bartłomiej Sawicki, editor 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 […]

Marszałkowski: Gazprom’s lobbyists believe in Joe Biden. Are they right?

„The presidency of Joe Biden paves the way for a deal between Germany and the United States to resolve the conflict over Nord Stream 2,” says an article published by the government-sponsored Russian information agency TASS. Such opinions are increasingly popular in the press, but many come from lobbyists hired by Gazprom – Mariusz Marszałkowski, […]

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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