PGNiG

(IN BRIEF) The ORLEN Group is embarking on a groundbreaking initiative to introduce Virtual Power Plant (VPP) technology, which will centralize the coordination of power generation sources throughout the country via a central control system. This innovative project aims to … Read the full press release →

(IN BRIEF) PGNiG Upstream Norway, a part of the ORLEN Group, has signed an agreement with Horisont Energi AS to acquire a 50% interest in the CO2 exploration license Polaris in the Barents Sea. This partnership signifies a significant step … Read the full press release →

(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, is set to take control of KUFPEC Norway, a hydrocarbon producer, significantly boosting the ORLEN Group’s natural gas output in Norway by over one-third, reaching 4 billion cubic meters … Read the full press release →

(IN BRIEF) Equinor has announced a commercially viable gas discovery near the Gina Krog field in the North Sea. Although the discovery is relatively small, it is considered commercially viable due to its ability to leverage existing infrastructure by the … Read the full press release →

(IN BRIEF) The ORLEN Group is strengthening its presence in Norway and preparing to launch production from the Tommeliten Alpha field, which will yield an additional 0.5 billion cubic meters of natural gas annually. This is part of a series … Read the full press release →

(IN BRIEF) ORLEN, a major energy company, has finalized an agreement with GAZ-SYSTEM to secure a regasification capacity of 6.1 billion cubic meters (bcm) per year at the Floating Storage Regasification Unit (FSRU) terminal to be constructed in the Gulf … Read the full press release →

(IN BRIEF) ORLEN, following its mergers with Grupa LOTOS and PGNiG, is set to acquire 266 fuel stations in Austria, operating under the Turmöl brand. This acquisition will make ORLEN one of the top three fuel networks in Austria, with … Read the full press release →

(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, has announced a significant increase in the estimated oil reserves of the Øst Frigg Beta/Epsilon discovery. The field may contain twice as much oil as previously assumed, with recoverable … Read the full press release →

(IN BRIEF) The ORLEN Group’s diversification of natural gas supplies has helped enhance Poland’s energy independence and strengthen fuel and commodity security in the region. In 2022, LNG and pipeline deliveries from new suppliers in Norway and Lithuania represented more … Read the full press release →