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26.05.2025

ORLEN Venture Capital invests in novel recycling technology

ORLEN Venture Capital (“ORLEN VC”) has invested in ReVentas, a Scottish start-up whose innovative recycling technology converts plastic waste into high-quality polymers for demanding applications such as consumer packaging. The technology will cut the carbon footprint of plastics and meet rising demand for premium recycled feedstocks, underscoring the priority ORLEN places on decarbonisation and circular-economy principles in the its updated ORLEN 2035 strategy.

22.05.2025

Strong earnings delivered by ORLEN Group in Q1 2025

In the first quarter of 2025, the ORLEN Group posted a 40% y/y increase in LIFO-based EBITDA, which reached PLN 11.6 billion, while net profit surged by over 50% to PLN 4.3 billion. Approximately 80% of the operating profit figure was attributable to the hydrocarbon upstream and downstream operations and to the energy business, where key strategic development projects are underway. These include the integration of new fields in Norway to soon bring them on stream, work to develop the Baltic Power offshore wind farm, upgrade of power distribution networks, and development of two CCGT projects. During the first quarter, the number of active users of the VITAY mobile app grew by 200 thousand, and ORLEN gained around 20 thousand new retail customers for gas and electricity. Over the period, ORLEN invested PLN 6.2 billion in strategic development projects supporting the energy transition, while reducing its net debt by over PLN 8 billion q/q.

20.05.2025

Poland’s first offshore wind farm on the Baltic Sea moves closer to completion – ORLEN Group reaches another key milestone

The ORLEN Group has reached another milestone in the development of offshore wind energy. Poland’s first operations and maintenance base dedicated to offshore wind farms is now operational in Łeba. The port infrastructure, built from the ground up, will support the Baltic Power offshore wind farm currently under construction by ORLEN in partnership with Canada’s Northland Power. Already playing a key role in the ongoing offshore construction process, the base will support the launch of Poland’s first offshore wind farm on the Baltic Sea, scheduled for completion next year.

20.05.2025

ORLEN announces a discovery on the Norwegian Continental Shelf

15.05.2025

ORLEN invests in advanced electrolysers

ORLEN Venture Capital (“ORLEN VC”) has invested in Hystar, a Norwegian manufacturer of high-efficiency proton-exchange-membrane (PEM) electrolysers for large-scale, zero-emission hydrogen production. Hystar’s patented design uses membranes up to ten times thinner than those in conventional units, materially improving efficiency and lowering the cost of hydrogen generation. The technology dovetails with ORLEN’s programme to produce and deploy renewable hydrogen as part of the Group’s wider energy-transition strategy.

14.05.2025

Antarctica under ORLEN’s wings – new protected area to be established in cooperation with the Polish Academy of Sciences

ORLEN, in partnership with the Institute of Biochemistry and Biophysics of the Polish Academy of Sciences (IBB PAS), is launching a project to designate a new Antarctic Specially Protected Area (ASPA) in one of the most inaccessible regions on the planet. The initiative — the first of its kind in the history of Polish research on the southern continent — combines scientific, educational and environmental action.

24.04.2025

ORLEN and Naftogaz strengthen partnership on gas supplies to Ukraine

15.04.2025

ORLEN delivers record operational performance in 2024

In 2024, the ORLEN Group delivered record operational performance, marked by the highest levels of electricity generation from gas and renewable sources in its history, alongside its strongest natural gas production to date. The volume of low- and zero-emission energy generated during the year would have been sufficient to meet the annual demand of nearly half of all Polish households. This performance was supported by a more than 66% year-on-year increase in installed capacity across photovoltaic and wind assets, as well as the commencement of production from newly developed gas fields on the Norwegian Continental Shelf. The Energy and Gas segments together accounted for nearly 80% of the Group’s EBITDA, which totalled PLN 35.5 billion before impairment charges. The Management Board has recommended a record dividend of PLN 6 per share for the 2024 financial year.

09.04.2025

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Press releases

ORLEN Venture Capital invests in novel recycling technology

Strong earnings delivered by ORLEN Group in Q1 2025

Poland’s first offshore wind farm on the Baltic Sea moves closer to completion – ORLEN Group reaches another key milestone

ORLEN announces a discovery on the Norwegian Continental Shelf

ORLEN invests in advanced electrolysers

Antarctica under ORLEN’s wings – new protected area to be established in cooperation with the Polish Academy of Sciences

ORLEN and Naftogaz strengthen partnership on gas supplies to Ukraine

ORLEN delivers record operational performance in 2024

ORLEN explores market for renewable ammonia

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