In the black

The deal is for the supply of Russian Export Blend Crude Oil (REBCO) to Unipetrol's subsidiary Unipetrol Rafinerie. This makes PKN Unipetrol's only supplier of REBCO.

The two firms are also going to negotiate a contract for the supply of sweet crude oil in two months' time. Currently, PKN Orlen has a 63-percent stake in the Czech firm. (Reuters)