(IN BRIEF) ORLEN, an energy company, has experienced rapid expansion with acquisitions in Austria, Germany, Slovakia, and Hungary, increasing its foreign station count by nearly a third in the past year. They are finalizing the purchase of over 60 service … Read the full press release
Posted in Austria, Czech Republic, Energy, Gas & Oil, Germany, Hungary, Industrial, Investment, Lithuania, Poland, Slovakia
Tagged acquisitions, Austrocard, Daniel Obajtek, EV charging points, fuel stations, Hydrogen Refuelling Stations, MOL, OMV, ORLEN, Star Connect, Stop Cafe, Turmöl, Turmstrom
(IN BRIEF) PGNiG Upstream Norway AS (PUN), a subsidiary of the ORLEN Group, has secured ten new license areas for exploration on the Norwegian Continental Shelf through the Awards in Predefined Areas (APA) for 2023. PUN will act as the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Poland
Tagged acquisition, Daniel Obajtek, License Portfolio, Norway, Norwegian Continental Shelf, ORLEN, partnership, PGNiG, Poland, sustainability
(IN BRIEF) The Baltic Power offshore wind farm, a collaboration between ORLEN Group and Northland Power, is set to become the world’s first to construct wind turbines using low-emission steel produced predominantly from recycled materials in an electric arc furnace … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Poland
Tagged Baltic Power, Daniel Obajtek, Dieter Dehoorne, Low-Emission Steel, Mike Crawley, Northland Power, offshore wind farm, ORLEN, partnership, recycled materials, sustainabilty, turbines
(IN BRIEF) ORLEN has successfully acquired Doppler Energie, gaining a 100% stake in the company, which operates 267 service stations across Austria. With this acquisition, ORLEN’s network now includes nearly 3,500 modern service stations in seven European countries. The company … Read the full press release
(IN BRIEF) ORLEN Wind 3, a subsidiary of the ORLEN Group, has entered into an agreement to purchase onshore wind farms from Octopus Renewables Infrastructure Trust PLC. These wind farms, located in the Provinces of Poznań and Szczecin, have a … 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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Poland
Tagged Barents Sea, Bjørgulf Haukelidsæter Eidesen, Carbon Storage Project, Daniel Obajtek, Horisont Energi, ORLEN, partnership, PGNiG Upstream Norway, sustainability
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway, Poland
Tagged acquisition, Daniel Obajtek, KUFPEC Norway, natural gas, Norway, ORLEN Group, partnership, PGNiG, Poland, sustainability
(IN BRIEF) The ORLEN Group has added two new liquefied natural gas (LNG) vessels, ‘Saint Barbara’ and ‘Ignacy Łukasiewicz,’ to its fleet. These vessels, constructed by Hyundai Samho Heavy Industries, will commence sea service by the end of the year, … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Poland, Transportation & Logistics
Tagged Daniel Obajtek, energy security, Grażyna Gęsicka, Hyundai Samho Heavy Industries shipyard, Ignacy Łukasiewicz, Lech Kaczyński, liquefied natural gas, LNG, LNG shipments, LNG vessels, Mokpo, ORLEN Group, Saint Barbara, ship, South Korea
(IN BRIEF) The ORLEN Group and Northland Power have signed credit facility agreements with a syndicate of 25 Polish and international financial institutions to finance the Baltic Power project, the first wind farm to be constructed in Polish waters of … Read the full press release
(IN BRIEF) ORLEN, a prominent energy company, has nearly doubled its retail network in Slovakia this year, with all 90 stations now operating under the ORLEN brand. Following this successful rebranding, ORLEN plans to enhance its non-fuel product offerings and … Read the full press release
Posted in Automotive, Business, Construction, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Retail, Slovakia, Technology, Transportation & Logistics
Tagged alternative fuels, Daniel Obajtek, electric mobility, electric vehicle chargers, ORLEN, partnership, Poland, retail, Slovakia, sustainability
(IN BRIEF) The ORLEN Group has chosen Budimex as the contractor for the onshore portion of its installation terminal, designed to support offshore wind farms. Construction is set to commence in October and is expected to conclude by late 2024 … 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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Poland
Tagged Daniel Obajtek, energy security, Norway, ORLEN Group, partnership, Poland, sustainability, Tommeliten Alpha
(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’s Supervisory Board has given a conditional investment approval for the Baltic Power offshore wind farm, allowing the design phase to be finalized. ORLEN and Northland Power’s joint investment represents the most advanced offshore wind project in Poland. … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Poland
Tagged Baltic Power Project, Daniel Obajtek, investment, Offshore wind, ORLEN, partnership, Poland
(IN BRIEF) The ORLEN Group, a Polish energy company, is strengthening its renewable energy segment by acquiring two projects from Greenvolt. The projects, located in the Poznań Province, consist of a 22 MW photovoltaic farm and a 26 MW wind … 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
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Poland
Tagged acquisition, Daniel Obajtek, expansion, fuel station, Grupa LOTOS, ORLEN, PGNiG, Wojciech Słowiński
(IN BRIEF) ORLEN VC, the largest corporate venture capital fund in Poland owned by the ORLEN Group, has invested in Circunomics, a platform for battery reuse and recycling in electric vehicles. The investment aims to reduce the carbon footprint of … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Germany, Industrial, Investment, Management, Poland, Small Business, Technology
Tagged Audi Group, battery monitoring solutions, circular economy, Circunomics, corporate venture capital fund, Daniel Obajtek, electric vehicles, EV batteries, Felix Wagner, Jan Born, ORLEN Group, ORLEN VC, Poland, recycling, recycling of batteries, start-up, TES
(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) ORLEN Group is constructing a cutting-edge 560 MW gas-fired power plant in Grudziądz, Poland. This advanced facility aims to provide electricity to around one million households while effectively integrating renewable energy sources. With a highly flexible Combined Cycle … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Poland
Tagged CCGT, CCGT Grudziądz, Daniel Obajtek, electricity, Energa, gas-fired power plant, Grudziądz, Grzegorz Należyty, Kostas Horinos, MYTILINEOS, ORLEN Group, Polish Power System, power generation, renewable energy, RES electricity, Siemens Energy
(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
Posted in Business, Energy, Gas & Oil, Management, News, Norway
Tagged Daniel Obajtek, imported gas, Lithuania, LNG, Norway, ORLEN Group, PGNiG, pipeline
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