Polish Briefing: The team that will consolidate companies in the fuel and gas sector established
What goes on in Poland on the 21st of December.
Grupa Lotos.
Polish Briefing: State-owned companies will build temporary hospitals to fight the coronavirus
What goes on in Poland on the 4th of November.
Will the synergy of hydrocarbon giants allow Poland to build cities of the future?
Orlen, Lotos and PGNiG are looking for synergy in the hydrogen sector. Whether or not they will end up as a single company, they should cooperate to implement the hydrogen strategy. This will allow Poland to build cities of the future, for instance in Gdańsk – Wojciech Jakóbik, editor in chief at BiznesAlert.pl, writes.
Orlen will want to prevent Russians from buying shares in the Gdańsk Refinery
PKN Orlen will build a new energy company with the LOTOS Group, provided certain conditions required by the European Commission are met. One of those is selling a portion of shares in the Gdańsk Refinery. Could Russians use this opportunity to enter the Polish oil market through the back door? On paper – yes, but […]
Czerwiński: The EU should protect its citizens against monopolies in the energy sector
Energy companies around the world have been consolidating capital for years now, which means sooner or later Polish firms will need to face this process as well. The goal is to be able to compete on the global market. Entering this difficult area incurs risks for both companies as well as consumers, which is why […]
State Treasury to create a mega-Orlen to handle the challenges of the green revolution
The European Commission issued a positive conditional decision for PKN Orlen to merge with the LOTOS Group. After taking over Energa, a company in the power industry, LOTOS, a company in the oil, petrochemical and alternative fuels sector, PKN Orlen now wants to enter the gas sector by acquiring PGNiG. Its ultimate goal is to […]
Polish Briefing: Orlen can benefit from PGNiG acquisition, says Fitch
What goes on in Poland on the 17th of July.
Polish Briefing: Orlen does not resign from further acquisitions. PGNiG will be next
What goes on in Poland on the 15th of July.
Will Orlen enter the LNG market thanks to Lotos?
The LOTOS capital group, which may soon become part of PKN Orlen has recently completed the feasability study for the construction of a small-scale LNG terminal in Gdańsk. The next step is making an investment decision. The goal of this project is to enable the usage of LNG in road and maritime transport. This decision […]
New regulations for the fuel market are challenging for smaller players, and time is running out
Ministry of Climate has drafted updates to the regulation on the detailed register of liquid fuels whose production, storage and trade require a license. The goal of the changes is to adapt the nomenclature to the regulation issued by the European Commission from October 2019. A number of smaller entities from this sector might face […]
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