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Tag: ORLEN

ORLEN begins sales of HVO100 biofuel in Germany

The ORLEN Group has begun selling HVO100 fuel at its first two stations in Germany. This second-generation biofuel is produced from vegetable oils and...

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 deposit, discovered by ORLEN in the Lubuskie Voivodeship. Near this...

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 Lubusz Voivodeship. Michał Stajniak, a raw materials expert and deputy...

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...

Consolidated Results of the ORLEN Group for the Second Quarter of 2024

Despite the growing pressures of the macroeconomic environment, ORLEN Group has concluded the second quarter of 2024 with an EBITDA LIFO operating profit of...

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...

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...

ORLEN’s HySPARK Project Receives EU Grant for Hydrogen Projects

The HySPARK project, implemented by ORLEN and a consortium of 17 international partners, has become the first in Poland to secure funding from the...

ORLEN Group Reports 8% Year-on-Year Increase in Q2 2024 LIFO EBITDA, Reaching PLN 11.3 Billion

ORLEN Group's estimated LIFO EBITDA, excluding write-offs and regulatory effects, amounted to PLN 11.3 billion in the second quarter of 2024. This result was...

Polish Charging Infrastructure Operators Call for Regulatory Reforms

Operators holding nearly 80% of all the rapid charging points for electric cars in Poland have endorsed an open letter from the Polish Alternative...

ORLEN signs an agreement to purchase photovoltaic and wind farms with a total capacity of 306 MW

ORLEN Wind 3, a subsidiary of the ORLEN Group, has signed a preliminary agreement with EDP Renewables Polska to acquire two photovoltaic farms located...
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