WARSAW -Polish oil refiner Orlen has cancelled contracts to buy Venezuelan oil and refined products after losing more than $400 million on prepayments for deliveries it never received,. -April 23, 2024 at 07:42 am EDT
- MarketScreener
The new management team of Polish refiner Orlen has asked prosecutors to probe its accusations that former members of the management and supervisory boards of the company acted against its interests, private Radio Zet reported on Monday. The investigation, requested in a motion to prosecutors, would be the latest related to the company, after prosecutors started examining whether it artificially lowered prices ahead of a 2023 election and sold assets at below fair value. Radio Zet recently reported that Polish special services were investigating whether Orlen Trading Switzerland (OTS), a unit of the refiner, had breached sanctions on the import of oil from Russia or Iran.
ORLEN receives significant EU funding for Polish hydrogen mobility project energyglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energyglobal.com Daily Mail and Mail on Sunday newspapers.
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The ‘Clean Cities – Hydrogen mobility in Poland’ project implemented by ORLEN has been backed by the largest grant ever awarded by the European Union for