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Tag: ORLEN

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...

ORLEN Secures Largest Ever CEF Hydrogen Grant for “Clean Cities” Project in Poland

The ORLEN project "Clean Cities – Hydrogen Mobility in Poland" has received a non-repayable subsidy of 62 million euros. The European Union's support is...

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

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

ORLEN Sells Gas Storage Poland Shares to Gaz-System

ORLEN has signed a contract to sell its shares in Gas Storage Poland, thus fulfilling a condition of the merger of ORLEN and PGNiG...

ORLEN Group and Northland Join Forces for Offshore Wind Farms Management

Energa Wytwarzanie, a company from ORLEN Group, and Northland Power have established Baltic Offshore Service Solution. This will be the first consortium in Poland...

ORLEN Group Acquires Szybowice Wind Farm Project in Southern Poland

Energa Green Development, a unit of the ORLEN Group, has taken over from ONDE and Goalscreen Holdings Limited the Szybowice wind farm project located...

Fitch Ratings maintains ORLEN’s rating at “BBB+” with a stable outlook

The agency Fitch Ratings has maintained the long-term rating of the ORLEN group at a "BBB+" level with a stable outlook. The agency primarily...

ORLEN with accreditation for automotive quality hydrogen testing

The Oil Products Laboratory in Trzebin, owned by ORLEN Laboratory, has become the first facility in Poland and the third globally to receive accreditation...

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...

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...

Supervisory Board Delegates Sitarski to ORLEN Board Following Sójka’s Resignation

The Supervisory Board of ORLEN has delegated Mr. Ireneusz Sitarski to temporarily perform the functions of a board member of ORLEN. The board's decision...

Tomasz Sójka Resigns from ORLEN Supervisory Board Amid Media Scrutiny

Tomasz Sójka has submitted his resignation from the Supervisory Board. The decision will come into effect on February 16th. “In response to the media coverage...

Witold Literacki has been appointed as the acting CEO of ORLEN

The Minister of State Assets has appointed Mr. Witold Literacki to the board of ORLEN as of February 6, 2024. Simultaneously, at today's meeting,...

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...
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