PKN Orlen to work on biofuels

PKN Orlen will be growing algae at its production plant in Płock in order to work on biofuel manufacturing technology, a company press release read.

Locked content PKN Orlen CEO dissmissed

Jacek Krawiec, the head of Poland’s largest refiner PKN Orlen has been dismissed by the supervisory board on  Wednesday evening, a company press release read. Wojciech Jasiński was appointed new CEO. Krawiec was to put himself at the new Treasury Minister’s disposal right after the parli...

Locked content Orlen eyes Iran

Poland’s largest refiner, PKN Orlen is interested in investments in the Iranian oil sector in the event that economic sanctions imposed on the country are lifted, according to Shana press agency. At a conference, where conditions of new contracts for mining activity in Iran were presented, Jar...

Locked content Unipetrol RPA and Benzina to merge

Two Czech companies controlled by Polish refiner PKN Orlen, Unipetrol RPA and Benzina which are included in Unipetrol’s group will merge within a few weeks, a press release read. Orlen reported that the merger is an “optimization strategy” of its asset structure in the Czech Republ...

PKN Orlen sells subsidiaries

PKN Orlen is selling its railway and transportation subsidiaries, Orlen KolTrans and Orlen Transport, the refiner reported. In total, the transactions will reach a value of PLN 335 million.

Locked content Orlen to sell Orlen Transport

Poland’s largest refiner PKN Orlen will allegedly sell its subsidiary, Orlen Transport, meaning the entire tanker fleet amounting to over 200 vehicles, Radio Zet radio station reported. A deal with Trans Polonia is to be signed next week, Radio Zet informed. The tankers carry fluel to Orlen...

Orlen goes shopping

Polish refinery giant PKN Orlen said it has lunched takeover bids for Canada’s Kicking Horse Energy for CAD 356 million (around PLN 1.02 billion) and US’ FX Energy for PLN 442 million.