Billions have already been spent on the planned plant but Orlen says halting the project now will save the firm from likely losses.
orlen
Profits plunge 96% at Polish state energy giant Orlen, prompting opposition criticism
The firm rejected such criticism, arguing it “has posted robust operating performance” in a difficult macroeconomic environment.
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Fuel consumption reached record high in Poland in 2022
The war in neighbouring Ukraine is believed to have been a major factor in increased fuel demand in Poland.
US, Canadian and Polish firms sign contracts for developing nuclear reactors
The nuclear small modular reactors (SMRs) being developed by the group will be deployed in Poland by state energy firm Orlen.
Polish weekly withdrawn from post offices and state-owned petrol stations over John Paul II cover
“There is no consent for the destruction of the authority of Saint John Paul II,” said the CEO of state oil giant Orlen.
Poland’s new liquefied natural gas tanker completes first delivery
The ship, named Lech Kaczyński, brought 70,000 tonnes of LNG – enough to cover the average weekly natural gas consumption of all households in Poland.
Poland’s farewell to Russian oil is the beginning of its challenges, not the end
Wojciech Jakóbik
Poland has not abandoned Russian oil entirely, as it said it would, but instead the Kremlin has turned the taps off itself.
Polish state energy firm Orlen to sue Russia for halting oil supplies
Russia last month halted oil exports to Poland one day after Poland became the first country to donate modern Leopard tanks to Ukraine.
Norway wealth fund puts Polish state oil firm “under observation for serious human rights violations”
Its ethics council is concerned at Orlen’s ownership of dozens of local media outlets.
Poland imported record amount of liquefied natural gas in 2022
Poland’s LNG terminal received 58 shipments carrying 4.4 million tonnes, figures that were 66% and 57% higher than a year earlier respectively.
Polish oil giant Orlen accused of inflating fuel prices
Wrocław’s public transport authority and opposition parties have called for an investigation into the “thieving monopoly” of Orlen.
Energy firms should have “close to zero profits” next year, says Poland’s PM
“I will not pity the energy companies,” said Mateusz Morawiecki.
Danish firm to build wind turbine plant on Poland’s Baltic coast
Turbines from the plant will supply Poland’s first offshore wind farm in the Baltic Sea.
EU approves Orlen’s takeover of fellow Polish state energy firm Lotos
Orlen and the Polish government want to turn the new merged energy group into a “global multienergy syndicate”.
