Locked content Orlen’s PLN 1.65 billion project greenlit by supervisory board

The supervisory board of Polish oil giant Orlen has agreed to the construction of a steam and gas co-generation plant with 600 MWe of power. The investment will cost PLN 1.65 billion and will be delivered in 2017. The company is close to signing the agreement with the general contractor for the proj...

Locked content Orlen to restructure gas station network

Poland’s largest oil group PKN Orlen is restructuring its filling station network in Poland, the company’s management board member Marek Podstawa told the Polish Press Agency in an interview. Orlen is gradually rebranding its budget stations from Bliska back to Orlen. “On the Polish mark...

Locked content Tesco tests convenience format on Orlen stations

Poland’s largest fuel company PKN Orlen has launched tests of convenience stores under the Tesco Express brand, the company said in a press release on Tuesday. The testing program will take 12 months. It will involve the opening of 10 Tesco Express stores on selected Orlen stations. The first such s...

Locked content PKN Orlen merges two refineries into one unit

Orlen Południe will now encompass the two refineries: Rafineria Trzebinia and Rafineria Nafty Jedlicze. The reason for the merger is more efficient asset utilization. The two plants’ operational proceedures will not change. The optimalization will streamline the two management teams and ensure...

Locked content PKN Orlen about to decide on Płock power unit

Poland’s largest oil company PKN Orlen will make a final decision on building a combined cycle gas power plant in Płock in the fourth quarter of this year, the company said on Wednesday. PKN Orlen is now conducting a feasibility study for the project, which would involve the construction of a unit w...

Locked content Six workers hurt in Płock refinery explosion

On Wednesday, oil producer PKN Orlen released news regarding an explosion in their Płock refinery. It appears that six workers were affected in the mishap. There is no threat to life, although all six have been treated in a Płock hospital. Two workers have already left care, while two others should ...

Locked content Polish companies lead in CEE

According to a report from Coface, published by Dziennik Gazeta Prawna daily, Polish companies are the leaders among the biggest companies in Central-Eastern Europe. The lone leader in the above mentioned region is Polish PKN Orlen which specializes in oil processing and distribution. Although the c...

Locked content PKN Orlen wants to produce more propylene

PKN Orlen, the largest Polish petrochemical company, signed a deal for a license and a project of the Metatezy installation. It is the first stage of the planned investment, it will increase the volume of propylene production in Płock to the level of 550,000 metric tons annually. The launch of produ...

Orlen with major loss on impairments

Poland’s largest oil company PKN Orlen recorded a net loss of PLN 5.39 billion in the second quarter of 2014, the company said on Wednesday. The result was highly affected by impairments, mostly on the company’s Lithuanian unit Orlen Lietuva.

Locked content Orlen to close its Lithuanian refinery?

Polish fuel giant, Orlen might close its refinery in Mazeikai before the end of this year, Lithuanian daily Lietuvos Rytas wrote. The company is looking for strategic investors for its Lithuanian facility. If it won’t them soon, the refinery, which currently operates at 60 percent capacity, mi...