Will a coordinator speed up the development of offshore in Poland? (REPORT)

PGE Baltica, a company owned by Polska Grupa Energetyczna, and Baltic Power, controlled by PKN Orlen, have signed a letter of intent on the collaboration on off-shore wind farm projects. The companies have finalised the agreement during this year’s Economic Congress in Krynica. The agreement concerns sharing of experience, knowledge and information between the companies […]

PKN Orlen and PGE commence collaborating on off-shore

PGE Baltica, a company belonging to the Polska Grupa Energetyczna, and Baltic Power, controlled by PKN Orlen, have signed a letter of intent on the collaboration in off-shore wind farm projects. The agreement was concluded during this year’s Economic Congress in Krynica. It concerns sharing of experience, knowledge and information between the companies that will […]

A crucial step on the way to PKN Orlen-Grupa Lotos merger

PKN ORLEN S.A. (“Company”) hereby notifies that on 26 August 2019 an agreement was signed between the State Treasury, the Company and Grupa LOTOS S.A. headquartered in Gdansk (“Grupa LOTOS”) in relation to a transaction for the purchase of shares in Grupa LOTOS S.A. by PKN ORLEN S.A. from the State Treasury (the “Agreement”), ( […]

‘Together We Fuel Polish Agriculture’ enters next stage

​ORLEN Paliwa, an ORLEN Group company, has signed a cooperation agreement with Green Lab Sp. z o.o. that will help secure diesel supplies for companies of the National Support Centre for Agriculture (KOWR). In the first stage of the programme, ORLEN Paliwa will deliver ca. 16 million litres of diesel oil this year alone to […]

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 […]

PKN Orlen strengthens business relationships in Angola

​PKN Orlen’s refinery in Płock is to receive further deliveries of Angolan crude oil at the beginning of August and September of this year. The Group considers Angola to be a promising source of imports, exploring possibilities to increase import volumes and to forge relationships with Angolan partners in other business areas. These were the […]

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