21:22 30 April 2019
Grupa Lotos considers entering US shale oil market
Oil company Grupa Lotos will present an update of its strategy in August or September 2019. The US is one of the potential areas of interest for the company. “We are closely watching what is happening in the US shale oil market. He who learns first how to handle light shale oil well will build a competitive advantage in the medium and long term. We are at the stage of building a partnership with the largest oil producer in the world,” said Patryk Demski, deputy president for investment and innovation. Grupa Lotos also plans to step up work in Norway.
(ISBnews)
