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Poland’s 2024 Budget Revision and 2025 Deficit Forecast: Challenges and Opportunities

In late October, the Polish government announced...

2024: A Year of Missed Opportunities for Deregulation in Poland

The year 2024 was supposed to be...

USA-China Tensions Transform Global Market

After the U.S. elections, relations between the...

Tag: Continental

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ORLEN Upstream Norway Achieves Record Discoveries on the Norwegian Continental Shelf in 2024

In 2024, ORLEN Upstream Norway conducted six exploratory and appraisal drillings, four more than the previous year. As a result, the company discovered or...

Companies Embrace Transparency to Boost Compliance, Talent Attraction, and Employee Satisfaction

Mercer has published the 2024 Global Pay Transparency Survey report, which points to the increasing significance of pay transparency as a key element in...

Controls on German borders and their impact on the economy

Border controls will extend the border-crossing time by an average of 20 minutes, leading to an increase in transport costs. Two-thirds of German imports...

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 Group Secures Stake in Massive Norwegian Gas Field – Atlantis

ORLEN Group will become a shareholder in one of the five largest deposits discovered on the Norwegian Continental Shelf in the past decade. Through...

ORLEN Group to Increase Natural Gas Production in Norway

PGNiG Upstream Norway, a subsidiary of ORLEN Group, has acquired an additional nearly 20 percent stake in the Eirin gas field in the North...

The Future of Inflation Remains Uncertain

It is now possible that this year, the Federal Reserve (Fed) may not cut interest rates, aligning in this respect with the actions of...

€180 Million Boost for Greener Freight Transport in Poland: EU Subsidy Aims to Shift Focus from Roads to Rails

It is now certain. 180 million euros – this is the amount of subsidy for intermodal transport in Poland. The European Commission has approved...

PGNiG Upstream Norway Confirms Recoverable Resources in Adriana Deposit on Norwegian Sea

Drilling operations conducted by PGNiG Upstream Norway on the PL211 CS license in the Norwegian Sea have ended successfully. The exploratory well confirmed the...

Insurance Costs on the Upswing, But Rate Hikes Cool Down

Insurance rates around the world increased by 2% in the fourth quarter of 2023 (down from 3% in Q3 2023), according to a recent...

PGNiG Upstream Norway Secures 12 Concessions on the Norwegian Continental Shelf

PGNiG Upstream Norway has acquired shares in 12 concessions on the Norwegian Continental Shelf. In one of them, the company from the ORLEN Group...

ORLEN Group Acquires Interests in Idun Nord and Adriana/Sabina Deposits in Norway

PGNiG Upstream Norway AS (PUN) from the ORLEN Group has signed an agreement with Wintershall Dea Norge AS about the exchange of stakes in...

ORLEN Takes Steps to Reduce Carbon Footprint of Norwegian Operations

By next year, nearly two-thirds of the gas extracted by the ORLEN Group from the Norwegian Continental Shelf will come from facilities powered by...
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