Letter of intent concerning acquisition of Grupa LOTOS S.A. by PKN ORLEN S.A.

​On February 27th 2018, Krzysztof Tchórzewski, Minister of Energy as the State Treasury’s representative, and Daniel Obajtek, President of the PKN ORLEN Management Board, signed a letter of intent to...

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Effective tender offer for Unipetrol shares

Today, PKN ORLEN made payments for shares tendered by minority shareholders in response to the tender offer for shares in Unipetrol a.s., announced in December 2017. The payments totalled PLN 3,5 bn....

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PKN ORLEN solidifies its foothold at Prague airport

PKN ORLEN has achieved aviation fuel sales of 100m litres at Václav Havel Airport Prague. Its operations at this international airport were launched on April 1st 2017.

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PKN ORLEN sets new record, with 2017 earnings up pln 1bn

​All business segments contributed to the 2017 LIFO-based EBITDA of PLN 10.4bn, including retail, which delivered record-high results. Last year, PKN ORLEN recorded oil throughput and sales at...

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PKN ORLEN to construct its own network of electric vehicle chargers in Poland

The Company is launching a pilot project to install fast chargers for electric vehicles at its service stations. A RFP for 23 (50 kW and 100 kW) chargers has just been released. By the end of 2018, motorists will be able to recharge their electric cars at some service stations located along Poland’s main transit routes.

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PKN ORLEN intends to take full control of Czech-based Unipetrol

PKN ORLEN, holding a 62.9% equity interest in Unipetrol a.s., has launched a conditional voluntary tender offer for shares in the Czech company. The offer is conditional on PKN ORLEN acquiring at least 90% of Unipetrol’s share capital.

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PKN ORLEN increases crude oil supplies to its Czech refinery

PKN ORLEN signed an annex with Tatneft Europe AG to the agreement for crude oil supplies to Czech refinery in Litvinov that provides the extension of contractual period and increases the possible maximum volume of the crude oil delivered.

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ORLEN has new oil supply source

The Almi Explorer tanker has arrived at the port in Gdańsk, carrying a cargo of nearly 100,000 tonnes of WTI crude oil to be processed at the PKN ORLEN refinery in Płock. It is the first oil cargo imported to Poland from the United States after it lifted the oil export ban imposed many years ago.

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PKN ORLEN’s consolidated financial results for Q3 2017

FURTHER SALES GROWTH AND RECORD THIRD-QUARTER RESULTS. PKN ORLEN closed the third quarter of 2017 with LIFO-based EBITDA in excess of PLN 3bn, an over PLN 800m year-on-year improvement. This...

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