(IN BRIEF) The European Investment Bank (EIB) has provided a PLN 900 million loan to ORLEN Group for upgrades to Energa’s power grid, marking the first part of a PLN 3.5 billion funding initiative aimed at improving Poland’s energy infrastructure. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Poland
Tagged EIB, Energa, energy security, Ireneusz Fąfara, Magdalena Bartoś, ORLEN, partnership, Poland, Renewable Energy Grid, sustainability, Teresa Czerwinska
(IN BRIEF) The ORLEN Group has launched sales of its HVO100 biofuel at two service stations in Germany, with plans to expand further. HVO100, made from vegetable oils and waste products such as used cooking oil, can reduce greenhouse gas … Read the full press release
Posted in Business, Czech Republic, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged biofuel, Czech Republic, fuel, Germany, HVO100, ORLEN, partnership, sustainability
(IN BRIEF) ORLEN Wind 3, a subsidiary of the ORLEN Group, has signed a preliminary agreement to acquire two solar PV farms and a wind farm from EDP Renewables Polska for approximately PLN 1.15 billion. This acquisition, one of the … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged acquisition, Duarte Bello, EDP Renewables Polska, Ireneusz Fąfara, ORLEN, ORLEN Wind 3, partnership, renewable energy, sustainability
(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) A partnership involving ORLEN, Lafarge Cement S.A., and Air Liquide Poland has received a European Commission grant to develop project design documentation and supply chain feasibility studies for a carbon dioxide (CO2) marine terminal. This terminal project aligns … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Transportation & Logistics
Tagged Air Liquide Poland, CO2 Marine Terminal, EU, Lafarge Cement S.A., ORLEN, partnership, Poland, sustainability
(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) 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) 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) 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
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