Grupa Lotos.

The website „Poufna Rozmowa” (Confidential Conversation – ed.), known for publishing leaked emails, revealed correspondence between the head of the Prime Minister’s Chancellery and the Government Plenipotentiary for Strategic Energy Infrastructure Piotr Naimski, in which Michał Dworczyk asked whether he should organize a meeting with Unimot, a private oil company from Poland, where the parties […]

From the perspective of PKN Orlen and Poland’s energy security, the most important part of the merger with Lotos is to secure a competent and responsible partner for the Gdańsk refinery. From the perspective of customers, it seems more important who will take over 80 percent of Lotos’s gas stations. Would Hungary’s MOL be a […]

What goes on in Poland on the 13th of January.

What goes on in Poland on the 15th of November.

What goes on in Poland on the 15th of October.

The merger of PKN Orlen with PGNiG is a challenge when it comes gas concessions. There are two options on the table – a general succession where all licenses will be transferred at once, or a laborious process of acquisition, which will take time, but doesn’t necessitate any changes to the law, and will cost […]

PKN Orlen, the Lotos Group, PGNiG and the State Treasury signed an agreement on cooperation on the basis of which PKN Orlen will take over the Lotos Group and PGNiG. PKN Orlen is hoping that the amendments to the Act on public offerings will enter into force. Their goal is to change the current 33 […]

In February the Austrian oil company OMV announced it would withdraw from the Slovenian market. Its petrol stations are to be sold to a new owner. A Slovenian business portal bizi.si claims that a few companies are interested in the purchase: Poland’s PKN Orlen, Azerbeijan’s Socar, Greece’s Coral (Shell brand) and Hungary’s MOL. This transaction […]

What goes on in Poland on the 12th of May.

In order to make European refineries profitable again, further cuts in capacity are necessary. By 2025 they are estimated at 1.35 million barrels per day. Individual refineries that profit from oil refining are at the biggest risk of going under. Lotos’s refinery would join this group, because even high efficiency won’t protect it from refining […]