ORLEN expands its fuel station network in Europe dynamically

Following the acquisitions in Austria, Germany, Slovakia and Hungary, ORLEN's foreign station count has surged by almost a third over the past year. The Group is currently finalising the purchase of more than 60 service stations in Hungary. As a result of its rapid expansion in the retail segment, motorists will be able to refuel their cars at as many as 3,500 ORLEN locations across seven European countries by mid-2024.

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ORLEN Group with 12 new licenses on the Norwegian Continental Shelf

PGNiG Upstream Norway AS (PUN) has obtained ten new license areas for exploration on the Norwegian Continental Shelf as a result of Awards in Predefined Areas (APA) for 2023. In total, 25 oil companies from all over the world applied. PUN will act as the operator of one of the ten newly awarded licenses. It should be noted as well that through the purchase of KUFPEC Norway AS, PUN will ultimately inherit two additional new license areas around the Sleipner Field. As a result, the number of licenses in Norway, in which PUN, the company of the ORLEN Group, holds shares, will increase to 104.

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Baltic Power the world's first offshore wind farm using low-emission steel

The Baltic Power offshore wind farm, a joint project of ORLEN Group and Northland Power, will be the first in the world to be built using Low-emission steel produced almost entirely from recycled raw material in an electric arc furnace powered by renewable energy. The use of this material will reduce the turbine's lifecycle carbon footprint by 10 per cent. The Baltic Power farm will start production in 2026 and will be able to power more than 1.5 million households.

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ORLEN took over service stations in Austria

ORLEN has successfully completed the acquisition of Doppler Energie, securing a 100% stake in the company that manages 267 service stations across Austria. The transaction expands ORLEN’s network to nearly 3,500 modern service stations across seven European countries. The Group is now exploring additional acquisition opportunities in the region and is taking steps to establish itself as a leader in electromobility within the Austrian market.

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ORLEN to get involved in pioneering circular economy project

ORLEN is joining NEXTLOOPP, an international recycling project aimed to create and commercialise circular food-grade recycled polypropylene (rPP) from post-consumer waste. The innovative technology being developed is to yield a plastic material that would adhere to the stringent quality standards set by the European Union and the United Kingdom for food and cosmetic contact materials. The initiative will make the production of plastic packaging more sustainable and environmentally friendly.

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ORLEN poised to further increase energy asset management efficiency

The ORLEN Group is set to introduce Virtual Power Plant (VPP) technology to facilitate the coordination of power generation sources across the country through a central control system. In addition to facilitating collaborative balancing, optimising production and enabling reporting of individual generating units, the project aims to automate internal processes, further strengthening ORLEN’s competitive advantage.

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Increase in ORLEN’s gas reserves on the Norwegian Continental Shelf

PGNiG Upstream Norway AS (PUN), a company of the ORLEN Group, has signed an agreement with Wintershall Dea Norge AS for the swap of interests in upstream assets in Norway. PUN will acquire an interest in the Idun Nord field and expand its holdings in the Adriana and Sabina discoveries. In exchange, it will transfer a minor part of its interest in the Ærfugl Nord field to Wintershall Dea. The transaction will increase PUN's recoverable reserves of natural gas of by more than 0.4 billion cubic meters. The asset swap is anticipated to optimise the company’s portfolio of licence interests in the Skarv area, translating into improved efficiency and lower overall cost of managing these assets.

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ORLEN Group powers up oil & gas production in Norway with renewable energy

As early as next year, almost two-thirds of the gas produced by ORLEN Group on the Norwegian Continental Shelf will come from facilities powered by renewable energy produced onshore and delivered with submarine power cables. Such a solution has already been applied to the platforms at the Gina Krog, Ormen Lange, and Duva fields and will result in the abatement of over 88,000 tonnes of CO2 in 2024. There are also plans to electrify the Fenris and Yggdrasil fields, which are currently under development.

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ORLEN unveils its new sustainability strategy

ORLEN has unveiled its Sustainable Development Strategy for 2024–2030. The document outlines the organisation’s strategy and goals for minimising climate impact, promoting environmental stewardship, enhancing working conditions, fostering local community engagement, and embracing responsible governance. A significant element of the strategy is the Just Transition Programme for local communities in transition-impacted areas. The implementation of the ESG objectives is poised to enhance the ORLEN Group’s competitive standing, mitigate business risks, and foster the sustained creation of shareholder value.

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