PKN Orlen.

What goes on in Poland on the 11th of April.

The new Silk Road is a wonderful advertising slogan. However, it looks less attractive from backstage in the neighborhood of Poland. This is a corruption scandal in China, interests with the Czech president and the war against PKN Orlen, writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

What goes on in Poland on the 23rd of March.

PKN Orlen has announced a tender for the development of a preliminary technical concept to determine the options for preparing and implementing a project involving the construction of offshore wind farms in the Baltic Sea. Under the licence held by PKN ORLEN, maximum capacity of the wind farms may be 1200 MW.

What goes on in Poland on the 22nd of March.

According to BiznesAlert.pl, even the Germans bring oil from outside of Russia via the Gdańsk oil terminal today. Although the Russian blend of REBCO will still be needed by refiners for technological reasons, diversification is progressing. Grupa Lotos reports that 40 percent of deliveries in the first quarter of 2018 came from outside of Russia. […]

What goes on in Poland on the 6th of March.

Information about the merger PKN Orlen and Grupa LOTOS electrified the observers and experts of the energy market. In the meantime, this is just the beginning of the road to creating a fuel giant. Is antitrust law going to prevent it? – writes Piotr Stępiński, editor of BiznesAlert.pl.

On Tuesday, a letter of intent was signed between energy minister Krzysztof Tchórzewski and the president of PKN Orlen Daniel Obajtek regarding the start of the process of taking over capital control by Orlen over the Lotos Group. As a result of the operation, the Płock concern is to take over 53 percent of shares […]

The Polish government and PKN Orlen have signed a letter of intent regarding the takeover of the Lotos Group shares, and thus control over it, which the government representatives have been discussing in recent months – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl