Will the merger of PKN Orlen and Lotos accelerate diversification?

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. […]

Vicari: Can US sanctions hit Nord Stream 2?

The Countering America’s Adversaries Through Sanctions Act (CAATSA) bill, passed by the U.S. Congress with full bi-partisan support, and enacted on August 2, 2017, sparked stormy reactions of some EU Member States- notably Germany and Austria-, brought hopes for those opponents of Nord Stream 2 pipeline who had expected for the project to be sanctioned […]

A hybrid gas war is going on in Ukraine

Gazprom does not recognize the verdict in favor of Ukrainians. It does not supply gas despite the bonds resulting from arbitration. Ukrainian politicians warn that the pressure in gas pipelines on the Dnieper falls. All this takes place under the guise of full-fledged activities – says Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

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