Locked content PKN Orlen to bid for Agip gas station chain

PKN Orlen and Hungarian MOL have been in talks for acquiring Hungarian Agip gas stations, a third largest chain in the country, Parkiet daily reported citing the Hungarian media. Both refiners do not deny conducting such negotiations. Experts believe that MOL may be more interested in the offer, as ...

Locked content Piechociński appeals to set up “energetic OPEC”

During his visit to Baku, Minister of the Economy Janusz Piechociński called for establishing a new organization, which would regulate the energy resources market. According to him, the organization could resemble OPEC and would stand against using resources as a political tool.  The organization wo...

Energa sets eyes on UK

Poland’s second-largest state-controlled energy group, Energa has been analyzing the British market, Puls Biznesu daily reported. The firm did not confirm the news.

Locked content Ministry of the Treasury to consolidate Energy Sector

The Ministry of the Treasury is considering merging Polska Grupa Energetyczna (PNG) with Energa and Tauron Polska Energia with Enea, according to two anonymous sources quoted by Reuters. The Ministry aims to create two utilities that will be able to compete with Czech’s CEZ, the CEE regionR...

Locked content TGE plans financial market launch

The Polish Power Exchange (TGE) plans to launch a financial market in the first half of 2015, the Polish Press Agency reports. The bourse’s CEO Ireneusz Łazor was quoted as saying the new market will first offer futures. In March, TGE filed a motion for approval from the Financial Supervision Author...