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ORLEN Group Secures PLN 1.7 Billion in Non-Repayable Funding from Poland’s Recovery Plan for Strategic Hydrogen Projects

ORLEN Group has received a record PLN 1.7 billion in non-repayable funding from the National Recovery Plan (KPO) to implement two strategic hydrogen initiatives:...

ORLEN Integrates Upstream Assets to Boost Efficiency, Cut Costs, and Stabilize Gas Production

ORLEN is finalizing the integration of companies involved in the production of petroleum and natural gas in Poland. The outcome will be improved operational...

LOTOS Kolej changes its name to ORLEN Kolej

On July 3, 2023, LOTOS Kolej acquired the assets of ORLEN KolTrans, opening a new chapter in the railway sector. This move strengthened the...

Fuel Market Trends in Poland

Last year, the overall demand for liquid fuels in Poland increased by 6%, with demand for main transportation fuels—gasoline, diesel oil, and LPG gas—rising...

Changes in the Management Board of ORLEN S.A. – Ireneusz Fąfara Appointed as New President

On April 10, 2024, the Supervisory Board of ORLEN S.A. appointed Mr. Ireneusz Fąfara as the President of the Management Board of ORLEN S.A.,...

Orlen Reports Financial Results: Profit Lower Than Previous Year

The ORLEN Group ended the fourth quarter of 2023 with an operating profit EBITDA LIFO* of PLN 11.2 billion ($2.9 billion) and a net...

ORLEN S.A.: New Supervisory Board, Asset Sales, and Optimization Steps

The Extraordinary General Meeting of ORLEN has decided on changes in the Supervisory Board of the Company. Nine people were appointed to the new...

MOL wants to become the second-largest retail petrol station operator in Poland

The first MOL-branded station started operations on February 10, 2023. Within a year in Poland, the conglomerate rebranded over 200 stations out of the...

The value of strategic takeovers in Poland fell by 50% to $10 billion in 2023

The total value of mergers and acquisitions completed by strategic investors in Poland in 2023 fell by nearly half to approximately $10 billion, according...

ORLEN bets on Virtual Power Plant

The ORLEN Group is planning to implement a Virtual Power Plant (VPP) – technology that enables the coordination of energy production sources across the...
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