Deloitte: Poland enters the phase of economic expansion

The divergence of economic moods in Poland...

Two Years On: War in Ukraine and Its Global Impact

On February 24, 2022, a full-scale Russian...

Falling Oil Prices and a Strong Zloty Support Lower Fuel Prices at Gas Stations

There is growing potential for gasoline prices to drop to around 6 PLN per liter. Oil prices are falling, and investors are waiting for the U.S. Federal Reserve (Fed)...

OPEC+ increases production for the first time since 2022

A decline in the prices of Natural 95 and Diesel was observed last week...

ORLEN Discovers One of the Largest Oil Deposits in Poland – Rzeczyca Resources Estimated at Over 500,000 Tons

More than 100,000 tons of crude oil are the recoverable resources of the Rzeczyca...

New Oil Deposits in Lubusz Voivodeship: A Drop in the Ocean of Poland’s Needs

Today, we received information about the discovery of a large oil deposit in the...

Polish Coal Industry’s Future: Only 2-3 Mines Needed After 2030, Experts Warn

"It is impossible to maintain several dozen Polish bituminous coal mines with such a...

Crude Oil Faces Largest Weekly Decline in a Year as Demand Outlook Dims for 2024

Crude oil is heading towards the largest weekly decline in nearly a year. OPEC, along with many analysts, has misjudged the prospects for rising...

AI and Machine Learning Drive Data Centers’ Soaring Energy Demand, Pushing for Green Solutions and Heat Reuse

Artificial intelligence and machine learning consume enormous amounts of energy. The implementation of these technologies on an ever-larger scale is causing a rapid increase...

ORLEN Expands Investment in Mažeikiai and Develops Renewable Energy Projects in Lithuania

The possibilities of investing in renewable energy infrastructure, the progress of the ongoing investment in Mažeikiai, the position in the Lithuanian and Baltic market,...

PGNiG Upstream Norway Starts Low-Emission Oil Extraction from Tyrving Deposit in the North Sea

PGNiG Upstream Norway from the ORLEN Group has begun oil extraction from the Tyrving deposit in the North Sea. The resource reserves are estimated...

ORLEN Signs Five-Year Deal with KN Energies for LNG Terminal Operation in Klaipeda

ORLEN has signed a five-year contract with Lithuania's KN Energies (formerly Klaipedos Nafta) for the exclusive use of a small-scale LNG receiving and transshipment...

hiPower Energy plans to launch an innovative high-efficiency installation in Q1 2025

Hydrogenium P.S.A, a company belonging to NewConnect listed group hiPower Energy, has signed a contract with the Gas Institute of the National Academy of...

A 52 MW photovoltaic farm will be established in the Działoszyn commune – one of the largest renewable energy investments in the Łódź province

A 52 MW photovoltaic farm will be established in the commune of Działoszyn in the Łódź province. The investment covering an area of 65...

The government focuses on liberalizing law for wind power plants, but energy storage from RES remains a challenge

The Polish government has announced plans to introduce new regulations aimed at simplifying the process of locating land-based wind power plants. The proposed amendments...

Green energy is being wasted. Poland’s power grid urgently needs modernization and changes in law

The cost of upgrading European energy networks by 2030 could reach as much as 584 billion euros, according to data from the European Commission....

ORLEN’s Warsaw Heating Plants to Become Coal-Free by 2035, Slashing CO2 Emissions by 55%

Żerań, Siekierki and Pruszków Power and Heat Producers, along with Wola and Kawęczyn Heating Plants are heat assets of ORLEN Group in the Warsaw...

Poland’s Biomethane Industry Poised for Growth: PLN 17.5 Billion Investment Planned by 2030 Amid Calls for Regulatory Support

By the end of 2023, there were 388 biogas plants in Poland, and none producing biomethane. For comparison, in Europe a year earlier, there...

Orlen Signs Deal with BP for 6 Million Tons of North Sea Oil

ORLEN has signed a contract with bp for the supply of 6 million tons of crude oil from Norwegian deposits in the North Sea....

Europe still dependent on Russian energy resources

The European Union is still dependent on Russian resources – a portion of EU states continue to import network gas from Russia. This particularly...

Record-Breaking Rejections of Renewable Energy Grid Connections in Poland

According to data from the Energy Regulatory Office (URE), the issue of increasing refusals to connect to the grid is deepening with each passing...

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