Green fuel from ORLEN to power LOT aircraft

The hydrotreated vegetable oil plant currently under construction in Płock will enable PKN ORLEN to offer a low-carbon sustainable aviation fuel (SAF) to airlines starting from 2025. This innovative product will be made from used cooking oils. SAF offers a reduction of up to 80% in carbon emissions over the lifecycle of the fuel compared to traditional jet fuel and is suitable for jet engines used in aircraft today. PKN ORLEN and PLL LOT have signed an agreement on cooperation in implementing pro-environmental solutions helping to meet the requirements of the EU’s Fit for 55 package.

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ORLEN Group and Klaipėdos Nafta AB to join forces in offshore wind energy projects

The ORLEN Group’s ORLEN Neptun I and Energa Wytwarzanie have signed a letter of intent to cooperate with Klaipėdos Nafta AB, a Lithuanian operator of oil and LNG terminals. The partnership will involve preparation and implementation of a strategy for the operation and maintenance of offshore wind farms in Lithuania. This is an important step considering the ORLEN Group’s plans to engage in offshore wind energy projects in the Baltic states.

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PKN ORLEN develops its petrochemical assets

PKN ORLEN is consistently investing to expand its petrochemical assets in a response to the growing demand at home and on the European market. The Company has signed an agreement to acquire the business of LDPE production and marketing from the country’s largest plastics manufacturer Basell Orlen Polyolefins, in which PKN ORLEN holds an equity interest. LDPE is a polyethylene product with a wide range of applications, used typically to make plastic films, bags, canisters and food packaging. The acquired production capacity is 100 thousand tonnes per year, which means that PKN ORLEN, as Poland’s only producer of LDPE, will single-handedly cover about a third of the country’s overall demand for the plastic.

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Hydrogen fuel from ORLEN Group to power public transport in Kraków

Kraków is now home to the first mobile hydrogen refuelling station launched by PKN ORLEN in Poland. Hydrogen from the ORLEN Group’s biorefinery in Trzebinia will power the cells of a zero-emissions bus tested on public transport routes in Kraków. With a full tank, the bus can travel up to 350 kilometres. This is yet another project that fits into the ORLEN Group’s hydrogen strategy announced earlier this year. The Group is set to allocate PLN 7.4bn for hydrogen projects by 2030. Two more hydrogen stations available to all hydrogen-fuelled vehicles will open in Poland next year.

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First installation port for offshore wind farms

ORLEN Neptun, the company responsible within the ORLEN Group for the development of new offshore wind energy projects, has entered the final stage of the procedure for the lease of land in the Port of Świnoujście. If the company wins the procedure, the first offshore wind farm installation port on the Polish coast can be launched at this location in early 2025. The facility sited in the Western Pomerania region, together with a second installation port planned to be built in Gdańsk, will be able to provide a comprehensive range of services for all wind projects in the Baltic Sea.

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Baltic Power – first project with completed geotechnical survey

For nine months, 13 specialised vessels were performing seabed tests over the wind farm site and along the power evacuation route. Based on the results, it will be possible to develop a final design of the foundations for about 70 wind turbines, offshore substations and cable connections to the onshore transmission infrastructure.

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ORLEN VC with the first direct investment in Poland

PKN ORLEN’s equity fund ORLEN VC has made its first direct investment by subscribing for new issue shares in ICsec, a Polish manufacturer of industrial cybersecurity systems. The transaction is part of the Group's strategy to invest in companies offering proprietary solutions with global potential.

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Service port for Baltic Power offshore wind farm to be built in Łeba

The port in Łeba will be used to service the Baltic Power offshore wind farm for at least 25 years. The company has signed an agreement to lease a site on which a base will be built for service operation vessels to be used for maintenance of approximately 70 wind turbines. The ORLEN Group’s first offshore wind farm is scheduled to be operational in 2026.

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ORLEN Group contemplating investments in Lithuania’s energy sector

In line with its strategy, the ORLEN Group is investing in Lithuanian assets to reinforce the market position of ORLEN Lietuva, its strategic subsidiary operating the Baltic Sea region’s only refinery, which already runs on crude oil sourced fully outside of Russia. During his meeting with Ingrida Šimonytė, Prime Minister of the Republic of Lithuania, the PKN ORLEN CEO Daniel Obajtek presented the Group’s key strategic objectives the delivery of which would strengthen the economies of both countries and, first and foremost, enhance the energy security of this part of Europe. The talks revolved mainly around further expansion of the refinery in Mažeikiai and the Group’s plans to invest in wind power, hydrogen and small modular reactors.

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