The firm says it has notified prosecutors regarding the actions of the former management in relation to the case.
Results for "orlen"
State energy giant Orlen sold assets to Saudis for billions below value, finds Polish audit office
The sale, which gave the Saudis partial control over one of Poland’s two oil refineries, “resulted in significant security risks”.
CEO of Polish state energy giant Orlen dismissed
Daniel Obajtek oversaw a rapid expansion of Orlen but was accused of using the firm to help the former PiS government.
Orlen loses 6 billion in market value on incoming government’s levy plans
PiS accused the opposition of deliberately trying to bring down the value of the state-owned firm.
Poland’s Orlen charters supertanker to transport Venezuelan oil
The Polish firm is reportedly planning to transport Venezuelan oil to China following the lifting of sanctions on Caracas.
Poland’s Orlen to buy gas producer KUFPEC Norway in $445 million deal
The $445 million transaction will boost Orlen’s gas output in Norway by one-third.
Poland’s Orlen ranked among Europe’s 50 largest companies in new Fortune list
It is the only firm in the Central and Eastern Europe region between Germany and Russia to make it into the top 50.
Polish state oil giant Orlen’s wholesale fuel prices begin to rise after pre-election drop
Orlen assures that prices will remain stable at petrol stations, but analysts expect hikes.
Poland’s Orlen to take over Gazprom’s stake in Polish section of Yamal gas pipeline
“We are putting an end to the Russian [gas] flows in the Polish gas transit system!” declared Orlen’s CEO, Daniel Obajtek.
State oil giant Orlen calls on Poles not to hoard fuel amid pre-election price drop
The firm denies claims it has artificially lowered prices to help the government’s re-election bid.
Orlen secures €3.6 billion in credit to build Poland’s first offshore wind farm
The wind farm is expected to provide clean energy to 1.5 million Polish households by 2026.
Polish state energy firm Orlen overseeing Czech Republic’s highest Russian oil imports since 2012
Orlen notes that the landlocked Czech Republic can only be supplied via pipelines, meaning there is no alternative to Russian oil.