Lotos news

30 November 2022
PKN ORLEN and Aramco Finalize Three Transactions in Poland
The deals involve refining, wholesale, and plane fuel businesses, with Aramco supplying 45% of crude oil. A joint development agreement for a potential Gdansk project was also signed.
15 January 2022
Unimot Group Signs Preliminary Deal to Acquire Lotos Fuel Terminals and Bitumen Plants
The acquisition will make Unimot the third-largest fuel storage and second-largest bitumen seller, doubling its workforce and potentially adding PLN 70-100 million in annual EBITDA.
12 January 2022
Aramco Invests in PKN Orlen's Gdansk Refinery
Aramco acquires stakes in a Gdansk refinery, wholesale business, and jet fuel venture. Also signs MoUs to explore opportunities in Central and Eastern Europe, including R&D.
14 July 2021
EU Approves PKN Orlen's Acquisition of Grupa Lotos with Conditions
The EU's approval is conditional on commitments to ensure market competition, including divestitures and infrastructure access, to prevent higher prices and reduced choices in Poland and Czechia.
15 February 2021
EFRA Project at Gdansk Refinery
The EFRA Project boosts product yield, modernizes refining, and increases margins. It secures financing, ensures market for new products, and enhances production flexibility and competitiveness.
29 June 2019
Grupa LOTOS EFRA Project's Key Unit Reaches Ready For Start-Up Phase
The Delayed Coking Unit at the Gdansk refinery is ready for commissioning, promising higher efficiency, cleaner production, and increased refining margins. Employee training and job creation are ongoing.

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