Monday, October 26, 2020
Tags Oil

Tag: Oil

PKN ORLEN a step closer to be the energy leader in CEE

PKN ORLEN and the State Treasury have signed a Letter of Intent concerning the acquisition of the PGNiG Group. The planned transaction will be yet another milestone in Poland’s oil refiner and petrol retailer's strategy to build a powerful multi-utility group.

Delayed effect of COVID-19 in oil handling business

Darius Šilenskis, CEO of KN, writes about the delayed results of the COVID-19 pandemic, including record low oil prices due to the extremely low demand for oil products and falling refining margins.

First US oil shipment arrives at Klaipėda

The first oil shipment from the United States has reached Lithuania’s Oil Terminal in Klaipėda with 77,000 tons of crude oil cargo to be used by Belarusian oil refineries.
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Gas flows to Europe between new pipelines and a green future

With domestic production falling, Europe is increasingly more dependent on natural gas imports. Norway is the Northern source, Russia still detains a big piece of the East and new routes from the South represent the highest hope of diversification.

PGNiG further extends cooperation with Aker BP building a substantial portfolio in the region

PGNiG Supply & Trading signed a contract with Aker BP for the sales and purchase of natural gas produced on the Norwegian Continental Shelf, another cornerstone in successfully building a substantial portfolio in the region.

New gas-fired heating plant to lower emissions in the Czech Republic

Spolana Neratovice, a member of Unipetrol Group, has commissioned a new heating plant to generate the steam needed for its operations, significantly decreasing the volume of substances emitted into the atmosphere.

Projects from CEE among the winners of the Natura 2000 Awards

A trans-boundary project involving partners in Romania, Austria, Hungary, the Czech Republic, Slovakia and Ukraine is among the winners of the Natura 2000 Awards for 2020. In addition, the special European Citizens’ Award went to a project from Bulgaria.