14 December 2010
Russian companies are eyeing up Polish refining assets
RUSSIAN companies are eyeing up the latest refining assets on the block in Poland. They may have an easy run at the properties, too
Although they face local opposition, with European refining margins in the doldrums, Russian firms may be the only interested buyers. Poland has set a preliminary deadline of 4 February for potential buyers to submit bids for a 53.2% stake in the country's second-largest refiner, Grupa Lotos. Reaching this point has proved a struggle for the government, which is selling off a swathe of state-owned assets, such as utility companies Tauron and PGE, to shore up the country's creaking finances and pump investment into the ageing energy assets. Lotos recently modernised its 120,000 barrels a day (b/d) refinery in Gdansk, raising throughput capacity to 210,000 b/d, and would like a strategic inve
Also in this section
20 February 2026
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
20 February 2026
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
20 February 2026
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
19 February 2026
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
