Demand for the bonds was more than three times higher than expected.
orlen
End of an era as last of Poland’s iconic Ruch kiosks closes
Olivier Sorgho
Over 31,000 of the famous green and yellow booths once dotted Poland’s streets.
We can only do this thanks to your support!
We are an independent, nonprofit media outlet, funded through the support of our readers.
If you appreciate the work we do, please consider helping us to continue and expand it.
Czech “petrol tourists” tank up in Poland as fuel prices fall ahead of elections
Analysts believe state energy giant Orlen has been lowering prices at petrol stations to help the ruling party win re-election.
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.
Polish state energy giant to invest $1bn in carbon storage
The investment will bring the company closer to its goal of reducing its carbon footprint by 25% by 2030.
Article on criticism of Polish government disappears from newspaper owned by state energy firm
No official reason has been given but an inside source said the newspaper was pressured by the ruling party to remove the article.
Polish state energy firm Orlen enters Austria with purchase of 266 petrol stations
“This is a great day for the Polish economy,” said Orlen’s CEO, Daniek Obajtek.
Poland’s Orlen to buy 6 million tonnes of crude oil from BP, covering 15% of annual demand
“The contract with BP could be potentially a starting point for further cooperation in the energy transition,” says Orlen’s CEO.
“Container town” opens in Poland to house thousands of Asian workers building chemical plant
The opposition has accused the government of hypocrisy over migration.
Polish state energy giant Orlen explains increased Russian oil imports
“Infrastructural constraints make it impossible to fully cover Czech demand for oil from directions other than Russia,” says Orlen.
Polish energy giant Orlen eyes acquisition of troubled fertilizer plant from Azoty
Orlen has been taking over state competitors at a rapid pace in recent years in a bid to become a global player.
Majority of Poles support construction of small nuclear reactors
But support falls to 45% when Poles are asked if they would want a small nuclear reactor in their local area.
Poland urges Czechs to change tax law to ease investment in diversifying from Russian oil
“We cannot invest where regulations outright stifle investment processes,” said the CEO of Polish state energy giant Orlen in Prague.
