Fuels
We own Europe's most technologically advanced refinery. Thanks to modern facilities and advanced technologies LOTOS produces top quality products: unleaded gasolines, aviation fuel, diesel oil, gas oil and LPG. We supply oil
We own Europe's most technologically advanced refinery. Thanks to modern facilities and advanced technologies LOTOS produces top quality products: unleaded gasolines, aviation fuel, diesel oil, gas oil and LPG. We supply oil
Highest quality fuels, delivered to all ports in Poland, 7 days a week / 24 hours a day. LOTOS is Poland’s only producer of marine fuel oils. The product mix includes only low-emission bunker fuels with a sulfur content of
LOTOS Petrobaltic changes its name to ORLEN Petrobaltic LOTOS Petrobaltic changes its name to ORLEN Petrobaltic in connection with the consolidation of the ORLEN Group's exploration and production activities.
LOTOS Lab provides testing and verification services of petroleum products, water, sewage, occupational environment, and carries out research and development (R&D) activities. The company is
in 2008 (Yme – 20%) Participated in License Rounds and APA since 2008 Drilling of the first exploration well operated by LOTOS E&P Norge AS started in October 2012 Merge with PGNiG Upstream Norway in 2023
...group. Those production capabilities comprise of: The drilling rigs Petro Giant LOTOS Petrobaltic The production rigs Petrobaltic Baltic Beta Production rig PG-1
LOTOS is the Polish capital group whose activity has strategic importance for national and European security in the energy sector, and for Polish economy. It is an oil company operating both in Poland and abroad, whose
On March 7th 1971, a decision was made to commence construction of a refinery in Gdańsk. Over four years, on a 220 ha site a modern refining plant was built, designed to process 3 million tonnes of crude oil
...making, we demonstrate our belief that responsible and ethical leadership, a sustainable approach to natural and social resources, and active management of our external impacts are of the essence. We believe that a business should
Reporting is an important aspect of the LOTOS Group's corporate social responsibility. We have made a commitment to provide regular and systematic reports on our CSR performance, with a view to fulfilling our disclosure
...with investors and trade partners, environmental protection and social initiatives. Awards and distinctions awarded to the LOTOS Group companies:
and activities aimed to reduce our environmental impact (triple bottom line). The decision coincided with the inclusion of Grupa LOTOS in the prestigious RESPECT Index of the Warsaw Stock Exchange, the first index of socially
LOTOS Group Corporate Social Responsibility Strategy is based on the pillars described below. Currently we are preparing the new document, which will respond to the challenges included in the business strategy for years
for our products towards the government, market participants, business partners, customers and employees. Values underlying the LOTOS Group’s corporate social responsibility: Transparency – stands for compliance
that want to prepare comprehensive reports on their economic, environmental and social activities. The reports prepared by Grupa LOTOS are compliant with the currently effective, third generation GRI guidelines, and cover the
Awards and distinctions awarded to the LOTOS Group companies in 2011: Grupa LOTOS won the 1st place in the “Investor relations” category of the annual “Listed Company of the Year” ranking,
Pro-environmental behaviour is a priority for Grupa LOTOS and all its subsidiaries. The parameters of our entire product mix exceed the effective environmental norms. We are continually expanding the range of environmentally-oriented
The triple bottom line reporting model adopted by Grupa LOTOS is in line with the recommendations issued by the United Nations Global Compact. The key task of that organisation, established in 2000 on the initiative of UN
Awards and distinctions awarded to the LOTOS Group companies in 2012: The Forbes monthly published a list of companies characterised by the fastest growth in market values. LOTOS Asfalt and LOTOS
The LOTOS Group's social responsibility strategy defines the target groups to which its initiatives are addressed. The organisation endeavours to build positive relations with all these groups, as each of them, albeit to
The LOTOS Group runs its business with due regard to the needs of local populations, as well as social and environmental challenges arising in the areas influenced by its operations. We feel responsible for the quality of life in the
...have added to local potential and attractiveness of the nationwide cultural offering. The key criterion based on which Grupa LOTOS chooses to support a cultural or artistic event is its social dimension and length of the project,
equipment for public health-care institutions, equipment necessary to implement environmental projects, as well as teaching resources for schools and centres established to promote sports and physical education. In line with the
...traffic risks is an acute social problem both in Poland and elsewhere in the world. Aware of their consequences, in 2009 Grupa LOTOS signed the European Road Safety Charter – an initiative of the European Commission. Being
...on our insight into real problems, gained thanks to close relations with local communities and social partners living in the LOTOS Group’s immediate neighbourhood. These communities are beneficiaries of the Company’s
Another key area of our CSR initiatives is environmental protection. Grupa LOTOS focuses its efforts primarily on the biodiversity of the Baltic Sea, given the seaside location of the Company’s refinery. In cooperation with
‘Football Future with LOTOS’ is a long-term project involving promotion of football among the youngest, and offering thousands of young football players an opportunity to follow in the footsteps of Robert Lewandowski and
The LOTOS Cup - In Search for the Champion’s Successors programme, organised under the National Ski Jumping Development initiative, was launched in 2004. For five subsequent seasons (2005-2012) it has been a
The sense of responsibility for the environment around us stems from our openness to the future. We want to serve the well-being of future generations by striving to enhance the quality of life of our local communities. Being a Good Neighbour is
With a view to limiting the environmental impact of its operations, in its strategy for 2011–2015 the LOTOS Group envisages that it will exclusively implement environmentally-friendly technologies, based on the best available
Our operations do not significantly affect surface or underground water sources. We constantly monitor the intake of water and the quality of treated wastewater discharge. The implemented technological solutions allow us to reuse
...licensed to do so, first to undergo recovery processes and then to be treated or disposed of. The recipients of waste at the LOTOS Group hold appropriate permits to conduct waste management activities. Waste generated by
As an immediate follow-up of the entry of the Kyoto Protocol into force in the European Union, a scheme for greenhouse gas emission allowance trading within the Community was established under the provisions of Directive 2003/87/EU
well as start-up and operation of both the upgraded and new facilities. The importance we attach to environmental issues in the LOTOS Group's day-to-day operations and CAPEX processes is evidenced by the regularly incurred
Apart from Grupa LOTOS (operator of the refinery in Gdańsk), the LOTOS Group comprises around a dozen companies trading under the LOTOS banner. The LOTOS Group is the second largest
Basic information name Grupa LOTOS S.A. code LTS listing main market of the Warsaw Stock Exchange industry sector fuels date of first listing: June 9th, 2005 indices, which Company shares
Financial and Operational Information for LOTOS Group
In line with the Grupa LOTOS’ Strategy for 2017-2022, the Company seeks to achieve and maintain its dividend payment capacity. Every year, the Management Board of Grupa LOTOS announces a
...Finansowego (in English: Polish Financial Supervision Authority) approved the share issuing prospectus of the company Grupa LOTOS S.A. (‘the Company’), prepared in the uniform document (‘Prospectus’) as to
The remit of the General Meeting’s powers is detailed in the Articles of Association of Grupa LOTOS S.A. All matters to be submitted to the General Meeting are first presented for consideration to the Supervisory Board.
The Supervisory Board exercises permanent control over the operations of Grupa LOTOS S.A. The Supervisory Board may, without interfering with the competences of other authorities, express its opinions on any issues
...the prevailing system of corporate governance with the European Union’s standards. Corporate Governance Rules at Grupa LOTOS S.A. Grupa LOTOS S.A. seeks to ensure that its investor relations are carried
ARTICLES OF ASSOCIATION OF GRUPA LOTOS S.A. REGULATIONS OF THE GENERAL ASSEMBLIES OF GRUPA LOTOS S.A. BY-LAWS OF THE SUPERVISORY BOARD OF GRUPA LOTOS S.A. MANAGEMENT BOARD REGULATIONS OF GRUPA
The LOTOS Group is a vertically integrated oil company, whose business encompasses exploration for and production of crude oil, processing of crude oil, as well as wholesale and retail sale of high-quality petroleum products. Grupa
Resolutions of the Extraordinary General Shareholders Meeting of Grupa LOTOS S.A. - 20.07.2022 Resolutions of the Annual General Shareholders Meeting of Grupa LOTOS S.A. - 17.06.2022 Resolutions of the
Questions forwarded the Annual General Shareholders Meeting of Grupa LOTOS S.A. held on June 30th 2021 Questions forwarded_the Annual General Shareholders Meeting of Grupa LOTOS S.A. held n June 30th 2020 Questions
In the exploration and production segment, the LOTOS Group has intensified initiatives undertaken with a view to fully utilising the high margins expected in the long-term perspective. Strategic goals: to increase hydrocarbon
In the area of trading, the activities of the LOTOS Group will continue to focus on the further development of the sales organisation, based on an expanding distribution network and efficient product logistics. The
In the area of operations, the LOTOS Group will focus on the effective use of the refinery's increased capacity, further increases in conversion ratio and on the optimal use of synergies between the oil refining industry and the
The LOTOS Group companies comply with the legally mandated requirements to make product information available. Product Sheets or Safety Data Sheets have been prepared for all products manufactured at the Group companies, based on
Since 2009, Grupa LOTOS has observed the principles of the United Nations Global Compact: Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights. Principle 2: Businesses should
Any actual or suspected violations of the Code of Ethics can be reported by LOTOS Group stakeholders to persons responsible for preventing ethical misconduct. For this purpose, dedicated channels of communication with the
The safety of employees and contractors working for the LOTOS Group is among our top priorities. We attach particular importance to maintaining high safety standards, minimising potential risks and promoting a safe working culture.
...recruitment based on clearly defined procedures and objective criteria. Because we value the qualifications and skills of the LOTOS Group’s employees, their applications for job openings are given priority in the internal
As a modern and dynamically growing business, we take proper care to ensure continuous development of employees. Therefore, the LOTOS Academy – a training and development programme which aims to build a partnership-oriented
...and other institutions arranging cultural events. For years, we have been a regular partner for many events, including: LOTOS Jazz Festival, Solidarity of Arts Festival, Shakespearean Festival, Two Theatres Festival of the Polish
...conversion and climate change as major threats to biodiversity caused by human activities. Conservation of natural resources in the areas of our operations is an important goal set for our investment and social
We conduct our sponsorship activities in line with the sponsorship rules and directions adopted by Grupa LOTOS. We enter into sponsorship-based cooperation mainly in Poland, in those counties and provinces where our offices are
"While everyone else is struggling to stay afloat, we know how to win the future" LOTOS is one of the most advanced and rapidly growing oil companies in the region. In terms of revenue it ranks second in Poland, and is the sixth
...business partners and execution of agreements. This section aims to provide our business partners with information on the LOTOS Group's standards of conduct in market relation in a manner which would satisfy mutual
Declaration on Cooperation with Business Partners The mission of the LOTOS Group is to pursue innovative and sustainable growth in the areas of: hydrocarbon exploration, production and processing and trading in top-quality
REACH
The refinery of Grupa LOTOS on a weekly basis optimizes the selection of utilities for processing processes in relation to the price conditions on the market of raw materials and petroleum products, strongly limiting the use of
“Road Champions” ('Mistrzowie w drodze') is a project initiated in 2020 by the LOTOS Group and the National Road Traffic Safety Centre (KCBRD). Kajetan Kajetanowicz, multiple European and Polish rally champion,
...the University of Gdańsk and the Marine Station of the University’s Oceanography Institute in Hel as part of the ‘LOTOS protects the Baltic Sea wildlife’ (‘LOTOS pomaga bałtyckiej
with the Ornithology Station of the Museum and Institute of Zoology of the Polish Academy of Sciences, the Kuling Waterbird Research Group, and the Association of Sobieszewo Island Lovers, Grupa LOTOS ran the
...in the organisation of the event as a titular sponsor 11 years ago, and since that time the name of the festival has been LOTOS Jazz Festival – Bielska Zadymka Jazzowa. Every year, the festival is planned for the winter
In 2014, Grupa LOTOS commenced cooperation with the Baltic Sea Cultural Centre of Gdańsk (the BSCC) as the strategic partner. The BSCC is a Gdańsk-based local government institution, whose key task is to promote, organise and manage
AB LOTOS Geonafta – Gargždai Company address: Gamyklos str. 11, LT-96155 Gargždai Tel.: +370 46 484 801 Fax: + 370 46 470 942 E-mail: mail@lotosgeonafta.lt AB LOTOS GEONAFTA
...responsibility, Encourage the development and diffusion of environmentally-friendly technologies. The areas where the LOTOS Group’s production facilities are located are not protected on account of their natural value or
One of the foundations of effective environmental management at plants as large as those of the LOTOS Group is the ability to identify and designate, unprompted, areas where environment impacts can or have to be reduced and where
LOTOS Geonafta licences Click on image to enlarge LOTOS Geonafta licences Map of licences in pdf format
Grupa LOTOS operates one of the largest industrial sites in Gdańsk. It is no secret that crude oil processing involves a significant level of atmospheric emissions, which may affect the air quality beyond the site boundaries.
In an industrial plant like the Grupa LOTOS refinery, the environmental management and protection efforts must go beyond simple compliance with relevant standards at chimney outlets, wastewater collectors and site boundaries. There
Station 1 Concentrations of hydrocarbons: Back
Station 2 Concentrations of hydrocarbons: Concentrations of BTEX: Back
Station 3 Concentrations of hydrocarbons: Concentrations of BTEX: Back
Station 4 Concentrations of hydrocarbons: Concentrations of BTEX: Back
Station 1 Concentrations of hydrocarbons: Back
AB LOTOS Geonafta is a company in the LOTOS Group and a daughter company to LOTOS Upstream, headquartered in Gdansk, Poland. The main activity of AB LOTOS Geonafta is oil
...and Vilkyčiai oil fields were discovered. The last two are considered to be among of the largest by estimated hydrocarbon resources in Lithuania. 1970–1982: Degliai, Vėžaičiai, Šilalė, Pociai, Ablinga, Sakučiai and
In Lithuania oil is produced by 5 companies. AB LOTOS Geonafta participates in managing three of these companies. It controls 50% of UAB Minijos nafta shares and 100% of UAB Genčių nafta and UAB Manifoldas shares. UAB Genčių nafta
AB LOTOS Geonafta is the only Lithuanian company that owns a mobile drilling rig and performs deep drilling operations for different purposes. The rig is used for exploration and production drilling down to 2700 m depth for the
Development of environmentally friendly business is a priority of AB LOTOS Geonafta. In our activities we pay particular attention to environment protection and ecological operation of production fields. The company
AB LOTOS Geonafta aims to be considered among the most reliable and valuable employers. Our employees are one of the most valuable assets of the company. When new position is available, we give priority to the ones who are already
UAB Genčių nafta is a joint Lithuanian and Swedish company established in 1993 with State Oil Geology Company (now AB LOTOS Geonafta) and Swedish firm Svenska Petroleum Eksploration AB each controlling 50% of the total block of
UAB Manifoldas is one of UAB LOTOS Geonafta subsidiaries. The company is one of the 5 oil exploration and production enterprises in Lithuania maintaining its activities since 1996. Decree No. 608 issued by the Government of the
Mission of AB LOTOS Geonafta – ensure growth in production of hydrocarbons by using innovative and modern technologies, creating increasingly better value for shareholders, encouraging employee development, and ensuring
Values: Staff of the company – competence, experience and responsibility; ability to work in a team; our motto: “Employee – to the company, the company – to the employee”. Innovations and leadership – we
...with the neighboring local communities. Business ethics: AB LOTOS Geonafta performs its activities in a diligent and transparent way while relying on high standards of
“GDPR”), provided for the purpose of reporting or investigating any instance of misconduct or a similar event is the LOTOS Group company to which the report pertains. The controller’s contact details are available
Presentations of consolidated financial results of LOTOS Group are published along with the interim financial reports on pages: quarterly reports, interim reports, annual reports.
In order to assess the impact of external factors on its performance, the LOTOS Group provides a summary of macroeconomic data, which reflect the economic climate in Europe’s refining industry, i.e.: - Brent Dated
Our rules The LOTOS Foundation commits its funds across Poland, particularly in areas where companies of the LOTOS Group are headquartered or operate. It may also offer support outside of Poland. All
Application for financial support in the form of a grant
Information on expenditure of the grant
Our mission The LOTOS Foundation’s mission is to engage in a wide range of social activities to make a positive contribution to its social and natural environment.
...and make a positive difference for local communities in Poland and abroad, particularly in regions where companies of the LOTOS Group operate. In line with the LOTOS Group’s Corporate Social Responsibility
Articles of Association
...million tons of oil per year. The company currently employs more than 1300 people. Following reorganisation of the then LOTOS Group, all refining operations based in Gdańsk were integrated into a single entity in November
AB LOTOS Geonafta is a company in the LOTOS Group and a daughter company to LOTOS Upstream, headquartered in Gdansk, Poland. The main activity of AB LOTOS Geonafta is oil
...and Vilkyčiai oil fields were discovered. The last two are considered to be among of the largest by estimated hydrocarbon resources in Lithuania. 1970–1982: Degliai, Vėžaičiai, Šilalė, Pociai, Ablinga, Sakučiai
Mission of AB LOTOS Geonafta – ensure growth in production of hydrocarbons by using innovative and modern technologies, creating increasingly better value for shareholders, encouraging employee development, and ensuring
relations and cooperation with the neighboring local communities. Business ethics: AB LOTOS Geonafta performs its activities in a diligent and transparent way while relying on high
In Lithuania oil is produced by 5 companies. AB LOTOS Geonafta participates in managing three of these companies. It controls 50% of UAB Minijos nafta shares and 100% of UAB Genčių nafta and UAB Manifoldas shares.
UAB Genčių nafta is a joint Lithuanian and Swedish company established in 1993 with State Oil Geology Company (now AB LOTOS Geonafta) and Swedish firm Svenska Petroleum Eksploration AB each controlling 50% of the total block of
UAB Manifoldas is one of UAB LOTOS Geonafta subsidiaries. The company is one of the 5 oil exploration and production enterprises in Lithuania maintaining its activities since 1996. Decree No. 608 issued by the Government of the
LOTOS Geonafta licences Click on image to enlarge LOTOS Geonafta licencesMap of licences in pdf format
AB LOTOS Geonafta is the only Lithuanian company that owns a mobile drilling rig and performs deep drilling operations for different purposes. The rig is used for exploration and production drilling down to 2700 m depth for the
Development of environmentally friendly business is a priority of AB LOTOS Geonafta. In our activities we pay particular attention to environment protection and ecological operation of production fields. The company continuously
AB LOTOS Geonafta aims to be considered among the most reliable and valuable employers. Our employees are one of the most valuable assets of the company. When new position is available, we give priority to the ones who are already
AB LOTOS Geonafta – Gargždai Company address: Gamyklos str. 11, LT-96155 Gargždai Tel.: +370 46 484 801 Fax: + 370 46 470 942 E-mail: mail@lotosgeonafta.lt AB LOTOS GEONAFTA
At Rafineria Gdańska Sp. z o.o., an Integrated Management System based on the requirements of the following standards has been implemented and certified: PN-EN ISO 9001:2015 - Quality management systems, PN-EN ISO 14001:2015 - Environmental
Rules of the Auditor Change With respect to Grupa LOTOS S.A., a company in which the State Treasury is the majority shareholder, a change of the auditor is governed by the provisions of the Minister of State Treasury’s
Recruitment Standards of the LOTOS Group By joining the Coalition for Friendly Recruitment, we have given proof of the high recruitment standards observed at our company. It is a sign of our eagerness to support and promote good
WMA paving grade bitumen is an innovative product on the Polish road construction market. The search for optimum solutions, numerous studies carried out and the involvement of employees has resulted in the development of a product
...and number of tasks we carry out. Over several years of operation, our company has transformed from a local shunting carrier (LOTOS Kolej) into a recognised market player providing, in addition to transportation, forwarding
On 29 December 2005, the LOTOS Kolej Company acquired the Integrated Management System certificate including requirements of three systems: quality management to PN-EN ISO 9001; environmental management to PN-EN ISO 14001;
...services for all types of cargo. After arranging all order conditions, just collect your goods from a specified location. LOTOS Kolej is responsible for all operations (from providing freight wagons through the transport of goods
All our services are provided using high-availability rolling stock. We are proud of the fact that LOTOS Kolej is considered to be the most state-of-the-art carrier in Poland. Our double-system locomotives are operated by experienced
LOTOS Kolej Sp. z o. o. ul. Michałki 2580-716 Gdańsklotoskolej@lotoskolej.pl Secretariat of the Boardphone: +48 58 308 77 58fax.+48 58 308 79 80 Service Sales
The controller of your personal data is LOTOS Kolej Sp. z o.o. with its seat at ul. Michałki 25, 80-716 Gdańsk. The controller can be contacted by e-mail: lotoskolej@lotoskolej.pl, phone: +48
...as Council Directive 76/769/EEC and Commission Directives 91/155/EEC, 93/67/EEC, 93/105/EC and 2000/21/EC, it entered into force on the 1st of June 2007. The Regulation establishes main principles of functioning of
...of making this an identified use. CONCAWE (European Oil Company Organisation for Environment, Health and Safety), which Grupa LOTOS S.A. is a member, prepared List of Identified Uses of Petroleum Substances based on input
The Grupa LOTOS S.A. Investor’s Guide is the Company’s original initiative to facilitate the analysis and understanding of financial statements of oil companies. By offering this tool, Grupa LOTOS
types of crude based on the cost-to-benefit ratio and availability of advanced crude processing technologies. DIVERSIFICATION LOTOS’ specialists are not looking for the types of crude oil similar to those delivered from
...технология переработки нефти. ДИВЕРСИФИКАЦИЯ Специалисты фирмы LOTOS не ищут сорта, которые похожи на нефть из восточного направления,...
The story of LOTOS began in 1971 with the decision to build a refinery in Gdansk to supply Poland with fuels and lubricants. Four years later the plant was ready to process 3 million tonnes of crude oil annually. Refining capacity
To build a strong upstream position for LOTOS in Norway. We provide strong value creation for all our stakeholders by building an optimized portfolio of exploration, development and production assets. Our team is recognized as
...activity. build on core areas where we have the understanding and knowledge to develop unique value creating options for LOTOS EPN and our stakeholders. seek partnership, licenses and AMI-groups with companies sharing the same
If you are interested in working on this position, please send your CV to recruitment.norway@lotosupstream.no. Here you can find our recruiting data privacy notice. LOTOS EPN seeks professionals eager to
generated by completed projects, and additionally facilitated by cost discipline, cost savings, and other measures. The LOTOS Group seeks to position itself as: producer of premium quality fuels and chemicals, with the
Grupa LOTOS S.A. was the first Polish chemical sector company and the second company in Poland to have obtained the Integrated Management System certificate in 2003. The Integrated Management System (IMS) now in place is based on
LOTOS Upstream was registered in the first half of 2017. February 1st 2018 saw company commence its business operations. It was established as part of the reorganisation of the LOTOS Group’s upstream
The controller of your personal data is Grupa LOTOS S.A. with its seat at ul. Elbląska 135, 80-718 Gdańsk. The controller can be contacted by e-mail: lotos@grupalotos.pl, phone: 801 345 678 or by
...to share their ideas and projects to academics and scholars, business representatives and new technology creators. Grupa LOTOS has been a patron of this project since 2013. The E(x)plory program is the flagship project of
Upstream activities in Norway are conducted through subsidiary LOTOS Exploration & Production Norge (LEPN) of Stavanger. As a part of LOTOS Upstream Capital Group, the company is responsible for
LOTOS Upstream Sp. z o.o. ul. Elbląska 135 80-718 Gdańsk
LOTOS E&P Norge privacy notice (download .pdf) RECRUITING DATA PRIVACY NOTICE 1. INTRODUCTION LOTOS Exploration and Production Norge AS (“LOTOS”, the “Company” or
Upstream activities in Norway are conducted through subsidiary LOTOS Exploration & Production Norge (LEPN) of Stavanger. As a part of LOTOS Upstream Capital Group, the company is responsible for implementation of
...an assessment of the impact of changes in global raw material and product prices on the refinery’s profitability, Grupa LOTOS S.A. resumed publishing the model refining margin and provides an updated margin calculation
Rules of the LOTOS Group's Cooperation with Business Partners These "Rules of the LOTOS Group's Cooperation with Business Partners" are derived from the rules of cooperation developed together with our
The ‘Talent with LOTOS’ programme includes projects addressed to talented students from the regions in southern Poland where LOTOS Group companies operate, i.e. the Jasło County and the Municipality of
...5% of a public company’s total assets No. Name of related party Nature of link with Grupa LOTOS S.A. Transaction date Value (PLNm) Description and rationale
...by Refinitiv. In consequence, the presented margin amount does not represent the actual refining margin generated by Grupa LOTOS S.A.’s refinery, whose operations are subject to seasonality and optimisation. The
Information clause for Grupa LOTOS S.A. shareholders who are natural persons and proxies of Grupa LOTOS S.A. shareholders Pursuant to Art. 13 and Art. 14 of Regulation (EU) 2016/679 of the European Parliament and of
...related to social, environmental and management issues can be found on the website of the Integrated Annual Report of the LOTOS Group, which is updated every year. Apart from the current version of the report, you can also find an
LOTOS Oil Marine Service LOTOS Oil Marine Service is a technical support program covering preventive maintenance dedicated to the shipping industry. Its content is based on the analysis of working oil and the
LOTOS Oil Marine Analyst LOTOS Oil Marine Analyst is a full oil diagnostic for ships and fleets, which guarantees a high standard of work as well as cost reduction. Based on testing samples of working oils: -
LOTOS Oil Marine Expert and Coach It is our expertise and your certainty. LOTOS Oil Marine Expert and Coach includes oil audits and technical support as well as training in the scope of proper lubricant
PERSONAL DATA PROTECTION General Information The processing of personal data at LOTOS Upstream Sp. z o. o. is governed by the provisions of Regulation (EU) 2016/679 of the European Parliament
2019
... Adrian SzkudlarskiPresident of the Management Board President of the Board of Rafineria Gdańska Sp. z o.o. (earlier LOTOS Asfalt Sp. z o.o.) since December 1st 2021. Previously, he was member of
...of the electricity distribution system in the area specified in the concession for the distribution of electricity. OSD LOTOS Asfalt Sp. z o.o. - Decision The rates for distribution services provided are included in the Tariff
Information on Rafineria Gdańska Sp. z o. o. tax strategy for year 2021 Information on LOTOS Asfalt Sp. z o.o. tax strategy for year 2020
Statement of LOTOS Asfalt for 2021 regarding the actual owner
... For other terminals - Czechowice, Jasło, Poznań, Rypin (LOTOSTerminale): e-mail address: cbok@lotosterminale.pl phone: 519 -145-884; 519-145-895 ...
...capacity, he also served, pursuant to the Supervisory Board’s decision, as acting President of the Management Board of LOTOS Asfalt Sp. z o.o. between November 4th 2021 and November 30th 2021. Graduate of the Gdańsk
...an intern. In 2016, he completed his MBA at the Gdansk Foundation for Management Education. He started his career in 2003 at LOTOS Group as an operator and later as a controller at the Fuel Plant. In 2005, he joined the newly
Please be informed that on July 3, 2023 a merger of ORLEN OIL Sp. z o. o. with its registered office in Kraków and LOTOS Oil Sp. z o. o. based in Gdańsk is planned. Due to the merger ORLEN OIL Sp. z o. o. will assume
1. Product Identification: Asphalt V 6000 compliant with EN 12591, produced by LOTOS Asfalt Sp. z o.o. 2. Transport and Unloading: Products are to be delivered in insulated road tankers, in a liquid condition at increased temperatures
This bitumen is designated for producing cationic bitumen emulsions, impregnating and water insulating compositions, fluxed bitumen and roofing paper. It complies with PN-EN 12591:2010 standard.
Cationic bitumen emulsion is designed for use in road construction and maintainance. In particular, the rapid emulsion JASBIT C69BP3 PU is designed for surface strenghtening of roads with traffic KR1÷KR6. It complies with PN-EN
Cationic bitumen emulsion is designed for use in road construction and maintainance. In particular, the rapid emulsion JASBIT C65BP3 PU/RC is designed for surface strenghtening and repairs of roads with traffic KR1÷KR4. It complies
Top-quality mineral engine oil, based on state-of-the-art technology. It provides proper lubrication and effective engine protection. Available in packages of 1L, 5L, 50 kg, 180 kg
Top-quality HPDO (High Performance Diesel Oil) mineral engine oil developed by application of most modern technology, which guarantees compliance with the strictest operational requirements.
Latest generation synthetic engine oil. Thanks to the Hi-Tec Protection formula it provides complete and continuous anti-wear protection of all types of modern engines in any working conditions. Recomended by: SUBARU
High quality synthetic engine oil designed mostly for petrol and Diesel engines of Opel, Vauxhall, Saab and Chevrolet vehicles requiring the oil of GM-LL-A-025 or GM-LL-B-025 quality levels. It is suitable for other vehicles if the producer allows
Latest generation, synthetic engine oil. The Hi-Tec Protection formula ensures full and continuous protection against wear and tear of all modern engines. Designed in order to fulfill the quality requirements of petrol and Diesel engines in KIA
Latest generation, synthetic engine oil. The Hi-Tec Protection formula ensures full and continuous protection against wear and tear of all modern engines. Designed in order to fulfill the quality requirements of petrol and Diesel engines in KIA
Latest generation, synthetic engine oil. The Hi-Tec Protection formula ensures full and continuous protection against wear and tear of all modern engines in which the application of an ACEA C4 motor oil in all exploitation conditions is allowed.
High quality, multi-grade, semisynthetic engine oil. It provides an excellent protection of the bi-fueled engines (LPG-gasoline) under all operating conditions. It is recommended for engines, where the manufacturer allows for using the oils of this
High quality, multi-grade, mineral engine oil. It provides an excellent protection of the bi-fueled engines (LPG-gasoline) under all operating conditions. It is recommended for engines, in which the manufacturer allows for using the oils of this or
RG 3 fuel oil is used as fuel for land and marine steam boilers, for kilns (mill furnaces, in glassworks, etc.) to heat the steam boilers fired with pulverized coal, and for technological purposes. The product complies with Technical Conditions of
RG 1 fuel oil is used as fuel for land and marine steam boilers, for kilns (mill furnaces, in glassworks, etc.) to heat the steam boilers fired with pulverized coal, and for technological purposes. The product complies with Technical Conditions of
Recruitment procedure for the member of the board of directors - LOTOS Norge
The second stage of the refinery’s overhaul and the spiking prices of crude oil, natural gas and petroleum products in the wake of the war in Ukraine - these factors had the greatest impact on the LOTOS Group’s performance in the first
Despite the volatile macroeconomic environment driven by the pandemic, the LOTOS Group was able to maintain a strong balance sheet and generate high operating cash flow. Grupa LOTOS effectively optimised the operation of its plant, both in terms of
Durable and highly modified MODBIT HiMA bitumen will be used on one of the city's main streets. The use of this modern technology on the renovated Kartuska Street will extend the road's lifetime and improve its acoustic comfort. Drivers and
At the end of October, the A.C.B. Latvia completed reconstruction of runways at the Palanga airport in the western part of Lithuania. The modernisation was intended to increase the carrying capacity and improve the safety of the runway at the
The launch of production from the Yme field on the Norwegian Continental Shelf is one of the key investment projects of the Gdańsk-based group. Its implementation will contribute to a major increase in LOTOS Group’s hydrocarbon production in
The project intended to equip the LOTOS refinery in Gdańsk with capacities to produce high quality lubricating base oils by 2025 is entering the execution phase. On September 28th 2021, LOTOS signed a contract for the construction of a Hydrocracked
The focus of LOTOS Exploration and Production Norge’s activities in September has been on the submission of bids in the APA 2021 licensing round and unification of the NOAKA project interests. Thanks to these and other projects under
LOTOS ended the second quarter of 2021 with success. Having flexibly managed its product slate and sales directions and having leveraged market opportunities that came its way, LOTOS delivered a net profit of PLN 1.06bn. The Gdańsk refinery operated
Modernisation works on the taxiways at the Warsaw Chopin Airport lasted over a month and were completed in the second half of June. As part of the works, the wearing course of the airport surface and navigation lighting were replaced. As part of the
LOTOS competence centres within the newly formed multi-utility group, summary of the status of key capital investment projects and the research agenda until 2030 were the topics of the event held on July 15th at the company’s registered office
On June 18th 2021, LOTOS Petrobaltic and Baltic Trade and Invest (BTI) signed a letter of intent to collaborate on offshore wind farm projects. BTI is a subsidiary of Germany’s RWE Renewables (RWER), the world’s second largest offshore
Grupa LOTOS has announced its financial results for the first quarter of 2021. The company reported operating profit for the period of PLN 664.3m. Despite challenging conditions triggered by the pandemic, the company safely completed the main part of
• New client for Vectron in Poland – LOTOS Kolej• Improvement of intermodal transport in Poland and Europe• Delivery planned in 2021
The Polske Filmdager 2020 Festival will feature a mix of film screenings, bilingual discussion panels, meetings with artists, as well as exhibitions and concerts intended to promote Polish culture among the Norwegian audience. This year,
The feasibility study for the small-scale LNG terminal in Gdańsk has been completed. As a next step, the decision will be made whether to proceed with the project. The terminal would be the first such facility in Poland, which could help increase the
The Grupa LOTOS Management Board has recommended the payment of a dividend of PLN 1 per share for 2019. The recommendation demonstrates the Company is in a strong financial position and continues to deliver on its business strategy, in which the
In late March 2020, Grupa LOTOS, LOTOS Paliwa and Remontowa LNG Systems signed an agreement to build a pilot LNG docking station, to be sited at the LOTOS service station located in Gdańsk-Osowa on the ring road bypassing the Gdańsk-Gdynia-Sopot
The financial performance recorded by the LOTOS Group in 2019 confirms its stable condition. Despite a challenging market environment, adjusted LIFO-based EBITDA was PLN 2.9bn. With 10.7 million tonnes of processed crude oil, the refinery fully
In Q3 YTD 2019, LOTOS delivered cumulative LIFO-based EBITDA of PLN 2.3bn, including PLN 0.86bn in Q3 alone. This confirms that the Group’s complementary business segments make LOTOS resilient to the significant changes in the market
PGNiG Supply & Trading (PST), a member of the Polish Oil and Gas Company Group (PGNiG), becomes the exclusive recipient of natural gas produced in Norway by LOTOS Exploration & Production Norge (LOTOS Norge), a LOTOS Group company
Production from Norway’s Utgard field was launched on September 16th 2019. The project had been completed about three months ahead of schedule with about 25% savings compared to the assumed budget. LOTOS Exploration & Production Norge
Supporting talented Polish athletes has been a vital part of Grupa LOTOS’ activities for years. In August 2019, the company signed an agreement that made it the Main Partner of Hubert Hurkacz, ranked among the most promising Polish tennis
Having performed a periodic credit rating review, the EuroRating agency maintained Grupa LOTOS’ rating at BBB- with a positive outlook. According to the agency’s classification, which is also commonly used by international rating
Adjusted LIFO-based EBITDA reported by the LOTOS Group for the second quarter of 2019 was PLN 783.3m, an almost 24% increase quarter on quarter. From April to June 2019, the Gdańsk refinery ran at 105% of its nameplate capacity.
LOTOS has launched a new image-building campaign, which is a continuation of “The BEST doesn’t come from nowhere” series. From this week on, a 30-second spot being an extension of the outdoor campaign launched in July, will be run
Drilling operations in licence PL442 in the NOAKA area in the North Sea discovered recoverable oil resources estimated at 80–200 mboe (barrels of oil equivalent). Aker BP operates the licence (90.26%) in partnership with LOTOS Exploration &
LOTOS Oil showcased its products at an international automotive fair held from July 4th to July 6th 2019 in Chennai, India. India has joined the group of 68 countries where customers can buy a wide range of high-tech oils manufactured by LOTOS.
The key plant constructed as part of the Grupa LOTOS EFRA Project, namely the Coker Complex consisting of the Delayed Coking Unit (DCU) and auxiliary installations, has reached the Ready For Start-Up (RFSU) status.
The TETRA critical communication system, implemented and successfully used at the Energa Group, has also been tested in sea and medical rescue operations in the Pomerania region. This most advanced radio communication system in Europe will now also
LOTOS E&P NORGE will participate in the 30th International Conference DRILLING-OIL-GAS AGH 2019 organised by The University of Science and Technology in Krakow, one of the leading technical universities in Poland.
On April 26th 2019, the Supervisory Board of LOTOS Asfalt appointed Olgierd Buchocki as Member of the Management Board (with effect from May 6th 2019).
Deliveries of crude oil by sea and the release of mandatory stocks ensure stable supplies of oil to Grupa LOTOS in the upcoming weeks. The Gdańsk refinery operates uninterruptedly at full capacity. At the same time, the Grupa LOTOS representatives,
Clean LIFO-based EBITDA reported by the LOTOS Group for the first quarter of 2019 is PLN 632m, a 17% increase year on year. The LOTOS refinery in Gdańsk operated at full capacity during the first three months of the year.
Due to the deterioration of REBCO quality parameters, the Ministry of Energy decided to halt its supplies at the Adamowo connection point. Grupa LOTOS S.A.’s existing stocks of crude oil allow it to maintain continuity of production at the
Between March 13th and March 18th 2019, Grupa LOTOS and PGNiG completed two LNG commercial bunkering operations for seagoing ships. These were the first such operations carried out at the sea ports of Gdańsk and Gdynia. LOTOS and PGNiG are set to
The financial performance of the LOTOS Group in 2018 confirms its robust condition. The Group delivered a consolidated net profit of PLN 1.6bn and adjusted LIFO-based EBITDA of PLN 3.1bn, the highest figure on record. Revenue came in at PLN 30.1bn,
Grupa LOTOS and Microsoft have signed an agreement paving the way for the development of joint projects and solutions based on artificial intelligence and state-of-the-art information technology. Their collaborative partnership will commence with the
LOTOS has reached an agreement with KT-Kinetics Technology, the main contractor on the EFRA Project. According to a draft annex, the delayed coking unit (DCU) is to reach the RFSU (ready for start up) status by May 31st 2019. The target economic and
The Grupa LOTOS refinery operated at full capacity in the third quarter of 2018. The Group considerably improved its operating and financial performance and significantly reduced its debt during the period.
LOTOS has begun testing the first 12 electric vehicle charging points on the A1 and A2 motorways between Warsaw, Gdańsk and Gdynia. Since October 26th 2018, drivers of electric vehicles have been able to travel from Warsaw to the Tricity (Gdańsk,
LOTOS Lab and LOTOS Kolej are running a project to construct two prototype hybrid shunting locomotives. This means that the two modernised locomotives will be electrically powered by a lithium-ion battery, while the alternative drive will be diesel
Grupa LOTOS and LOTOS Paliwa will obtain EU funding for their project to construct hydrogen purification and distribution units and two hydrogen refuelling points (in Gdańsk and Warsaw) as part of the Connecting Europe Facility (CEF). The project,
Since October 1st, the spokesperson for Grupa LOTOS S.A. has been Adam Kasprzyk, who filled a vacancy which existed since November 2016.
LOTOS Petrobaltic has commenced another stage of a project to construct a 75-kilometre long gas pipeline between the B8 field production hub and the Energobaltic CHP plant in Władysławowo. The pipeline, laid on the Baltic seabed, is now being secured
On September 25th 2019, representatives of the Warsaw University of Technology, Grupa LOTOS S.A. and LOTOS Lab signed documents initiating joint R&D activities. The parties are joining forces to prepare the prototypes of selected equipment
Jarosław Wittstock, manager with nearly 25 years of experience, was appointed to the Management Board, Vice President for Corporate Affairs.
Offshore Northern Seas (ONS), one of the largest and most prestigious showcase events for the offshore oil and gas industry in the world, takes place in Stavanger, called the Norwegian capital of the oil industry, from August 27th to August 30th
In the first half of 2018, the LOTOS Group earned more than PLN 850m in net profit (up 50% year on year). During the period, the Gdańsk refinery processed over 5 million tonnes of crude oil (25.5% more than a year before), 36% of which was imported
Robert Kubica, one of the most recognisable Polish athletes, has become the brand ambassador of Dynamic, an energy drink offered by LOTOS service stations since early June. July will see the launch of LOTOS Quazar Dynamic, a new line of fully
Since June 11th 2018, the Management Board of Grupa LOTOS S.A. has been operating without any vacancies left, following the appointment by the Supervisory Board of Robert Sobków to the Management Board as of that date. Earlier, on May 22nd
The Supervisory Board of Grupa LOTOS S.A. closed the procedure to select members of the Company’s Management Board. Mateusz A. Bonca was appointed President of the Management Board. Jarosław Kawula and Patryk Demski will also join the
In Q1 2018, Grupa LOTOS posted operating profit (EBIT) of PLN 448m, and the Company’s normalised LIFO-based EBITDA (operating profit plus depreciation and amortisation) came in at PLN 540m. The Company’s debt decreased by almost PLN
In line with its strategy for 2017–2022, for nearly the last two years Grupa LOTOS S.A. has been consistently carrying out innovative research projects in partnership with experts from the Silicon Valley’s prestigious Electric Power
February 1st saw LOTOS Upstream commence its business operations. Its group already includes LOTOS Norge and LOTOS Geonafta, which will soon be joined by Baltic Gas. The plan is to expand operations into new areas, with priority given to the UK
The LOTOS Group has gained the support of Prime Minister Saulius Skvernelis to expand its business activities in Lithuania. One of the subjects discussed by the Polish delegation led by Prime Minister Mateusz Morawiecki and
Last year was the first one covered by the LOTOS Group’s new 2017–2022 strategy. The Group’s consolidated net profit for that year of PLN 1.7bn, up 65% yoy, was the highest on record. Normalised consolidated LIFO-based EBITDA was
Grupa LOTOS has begun the process of selecting the management team to launch a corporate venture capital (CVC) fund with an estimated value between EUR 40m and EUR 50m.
On Friday, February 9th 2018, all units of the Grupa LOTOS Gdańsk refinery resumed operation. They were gradually brought on stream from Tuesday after a short interruption in electricity supply from an external source occurred. The incident had no
A thirty-minute disruption in the power supply from an external station halted production at the Gdańsk refinery. The incident has had no impact on sales of petroleum products manufactured at the refinery.
On January 16th 2018, LOTOS Exploration and Production Norge AS (“LOTOS Norge”) was offered two new exploration and production licences by the Norwegian authorities in the APA 2017 round.
The Management Board of Grupa LOTOS announces that the risk of failure to meet the deadline for obtaining full operational readiness of the Delayed Coking Unit has materialised.
Grupa LOTOS and the Polish Football Association have signed a contract under which the Company will remain the Main Sponsor of the Polish National Football Team, but will also join a number of other projects to support what is clearly the single most
Grupa LOTOS S.A. has signed a forward contract for the supply of US crude oil to its Gdańsk refinery. Under the contract, at least five cargoes of oil will be delivered by sea in 2018.
LOTOS purchased another cargo of US oil. A tanker carrying 650,000 barrels (i.e. about 80,000 tonnes) of US WTI Midland crude is on its way to Naftoport in Gdańsk. The transaction is in line with LOTOS’s consistently pursued strategy for
St. Helen, a tanker vessel carrying 600 thousand barrels (approximately 80 thousand tonnes) of Domestic Sweet (DSW) crude oil from the US, arrived this morning at the Gdańsk Naftoport. This is another purchase made by LOTOS, but the first ever
Q3 2017 saw further significant improvement in LOTOS’ operating and financial performance. The Company increased revenue and profits, while considerably lowering its debt. It is consistently pursuing the safe and sustainable growth strategy for
LOTOS is set to build 12 electric vehicle charging stations, enabling electric cars to travel from Gdańsk and Gdynia to Warsaw and back. A smartphone app will help motorists find the charging points and check prices.
The reconstruction of a runway at Vilnius Airport carried out by a Latvian company called ABC was completed as planned. LOTOS Asfalt company provided within 10 days over 2 thousand tonnes of the most technologically advanced modified bitumen MODBIT
In the first half of 2017, LOTOS generated a consolidated LIFO-based EBITDA of approximately PLN 1,372m (up 26% year on year, net of one-off items) and a consolidated net profit of approximately PLN 568m, up 71% year on year.
The Management Board of Grupa LOTOS S.A. announces that on June 14th 2016, Grupa LOTOS S.A.’s Annual General Meeting passed a resolution on allocation of the Company’s 2016 profit. In particular, the Meeting resolved to distribute PLN
Twenty-five years have passed since production was launched at the B3 field on the Polish Baltic Sea, and the Tarnobrzeg tanker reached the Northern Port of Gdańsk with the first delivery of Petrobaltic’s crude oil from the field.
LOTOS Group was ranked fourth in this year’s 11th edition of the Responsible Companies Ranking. The list features Poland’s largest companies, ranked according to the quality of their management of corporate social responsibility (CSR)
Today, the Management Board of Grupa LOTOS S.A. has passed a resolution on proposed distribution of the Company’s net profit for 2016, allocating PLN 184,873,362 to payment of dividend. This means that the proposed gross dividend per share
Between May 9th and May 12th 2017, the Transport Logistic trade fair will be held in Munich. The event will be attended by over 2,000 exhibitors from across the globe. This year, the participants will include LOTOS Kolej – the most
In April 2017, LOTOS reported a model refining margin of USD 8.03 per barrel, while the Q1 2017 margin has been estimated at USD 7.34 per barrel.
In the first quarter of 2017, LOTOS reported a consolidated net profit of PLN 411 million, up 287% year-on-year. From January to March 2017, the consolidated EBIT stood at PLN 577 million, an increase of 318% year-on-year, and the EBITDA LIFO
In a move to enhance its brand recognition in the world, Grupa LOTOS has signed up Agnieszka Radwańska, Poland’s best female tennis player, to become LOTOS ambassador for the next three years. In partnership with Ms
Consolidated LIFO-based EBITDA, normalised to remove one-off items, reached almost PLN 2.6bn in 2016, 20% up on 2015. Consolidated LIFO-based EBIT soared 175% year on year, to PLN 1.9bn. Consolidated net profit for the year exceeded PLN 1bn,
The progress of the EFRA Project to construct a huge complex of units in the Grupa LOTOS refinery reached a halfway point taking into account the design, supply as well as construction and assembly work. A huge crane has placed the largest and
From March 3rd to April 15th 2017, an overhaul shutdown will take place at the LOTOS refinery in Gdańsk. Preparations for the project have lasted 1.5 years. Importantly, the stoppage will not affect LOTOS customers.
Today, the Supervisory Board of LOTOS Petrobaltic changed the composition of the company’s Management Board following the resignation of Marcin Jastrzębski, President of the Grupa LOTOS Management Board, from the position of President of the
The Polish Office of Competition and Consumer Protection (UOKiK) inspected one in every seven LOTOS service stations. In each case, the quality of fuels at the pump met the required standards.
In early January 2017, the percentage of completion of the EFRA Project exceeded 54%, compared with the scheduled target of 37.2%. Two new chimney stacks now overlook the construction site. Four large tanks of the coke dewatering section are being
The 290 tonne column for the HVDU unit has arrived from Rotterdam by sea at Grupa LOTOS’ refinery in Gdańsk. It is the largest and heaviest component of the EFRA Project units.
The Supervisory Board of Grupa LOTOS S.A. has closed the recruitment process to select members of the Company’s Management Board. Marcin Adam Jastrzębski was appointed President of the Management Board, having resigned from his former position
In December 2016, LOTOS reported a model refining margin of USD 6.96 per barrel, while the Q4 2016 margin has been estimated at USD 8.18 per barrel.
Today, on December 19th, a new list of companies included in the RESPECT Index, featuring the most socially responsible companies listed on the Warsaw Stock Exchange, has been announced. Grupa LOTOS has been included in this index for the tenth time.
LOTOS reveals strategy for 2017-2022 Stability and sustainable growth in key areas of business combined with strong support for innovation lie at the heart of the company’s strategic plans.
In Q3 2016, LOTOS achieved consolidated EBITDA of PLN 670m and consolidated EBIT of PLN 432m. Net profit rose to PLN 380m, up PLN 154m on the previous quarter. To compare, in Q3 2015 LOTOS reported a consolidated net loss of PLN -249m.
It has been a year since Grupa LOTOS commenced the construction of the EFRA Project with a symbolic cornerstone laying ceremony. A giant pile-driving rig was already operating nearby, reinforcing the ground for the construction of a substation
From September 6th to September 8th, Grupa LOTOS will participate in the next Economic Forum held in Krynica-Zdrój. The company is a partner of the event. As in the previous years, more than 180 discussion panels will take place at this
A new crude oil field discovered in the Norwegian sector of the North Sea opens up new opportunities for LOTOS Norge’s growth and adds to its production potential.
From the end of August 2016, the Avgas 100 LL fuel is available for general aviation users at the airport in Szymany. The Olsztyn-Mazury Airport has now two types of fuel on offer − Jet-A1 and aviation gasoline called Avgas.
A breakthrough was made towards redevelopment of the Norwegian Yme field, in which LOTOS Norge holds a 20% interest. The faulty production platform has just been removed from the field, to facilitate further work on its full development.
Tankers Atlantas and Calida, carrying together 2 million barrels of Iranian oil for LOTOS, have just arrived at Naftoport in Gdańsk. The oil is currently being unloaded.
Tanker Atlantas, carrying 2 million barrels of Iranian oil for LOTOS, has just reached the Danish Straits. A challenging ship-to-ship transfer of a portion of the cargo to a smaller vessel is about to start. Both tankers are expected to arrive
In the first half of 2016, LOTOS posted PLN 1,211m in operating profit before depreciation and amortisation (EBITDA). Operating profit (EBIT) was PLN 688m, with net profit of PLN 332m. The average capacity utilisation rate at the refinery in Gdańsk
Statoil, LOTOS Norge and Total Norge, which together hold the Utgard licence (formerly Alfa Sentral), have submitted the Plan for Development and Operation of the licence to the Norwegian and British regulators. Production from the Utgard field is
The Management Board of Grupa LOTOS S.A. confirms chartering “Atlantas” carrying 2m barrels of Iranian crude oil. The vessel will call at Naftoport in mid-August.
In June 2016, LOTOS reported a model refining margin of USD 7.09 per barrel, nearly 14% increase on the previous month.
On June 28th 2016, the Annual General Meeting of Grupa LOTOS S.A. was held in Gdańsk. The General Meeting approved the Company’s consolidated and separate financial statements for 2015.
A vast, several-hectare swath of land on the premises of the LOTOS refinery in Gdańsk has turned into an enormous construction site. Extension of the refinery as part of the EFRA Project (an acronym that stands for efficient refining) is past the
LOTOS Kolej has opened a transport division in Poznań, and, what is more, LOTOS Terminale has a fuel depot located there. This capital city of Wielkopolska constitutes a “gateway to Europe” in terms of intermodal rail freight.
Grupa LOTOS and Elektromontaż Gdańsk S.A. have signed contracts for the delivery of distribution boards to the main power supply building of the EFRA units, upgrade of the existing electrical substations, and construction of cable networks as part of
For nearly twenty years, LOTOS Oil has supplied lubricants to Polish armed forces of various kinds. It has been ten years since the quality management system in place at LOTOS Oil successfully underwent the AQAP 2110 certification. This means that
The EFRA Project financing was named the best project finance transaction in 2015 in the oil and gas sector by the high-profile EMEA Finance magazine.
In May 2016, LOTOS reported a model refining margin of USD 4.42 per barrel, representing a 3.5% increase on April 2016 and the second highest YTD level (in January 2016, the margin was USD 5.57/bbl).
Since April, LOTOS-Air BP Polska has supplied aviation fuel to Emirates Airline. The agreement provides for the supply of Jet-A1 aviation fuel at Warsaw Chopin Airport.
The Supervisory Board of Grupa LOTOS S.A. has closed the recruitment process to select members of the Company's Management Board, appointing Messrs Robert Pietryszyn, Mateusz Bonca, Marcin Jastrzębski, and Przemysław Marchlewicz to the vacant
In the first quarter of 2016, LOTOS earned almost PLN 106m in consolidated net profit compared with a net loss in excess of PLN 100m reported for the same period last year. Operating profit (EBIT) for the period came in at PLN 138m on EBITDA of PLN
April 13th 2016 The Supervisory Board of Grupa LOTOS S.A. has resolved to remove Paweł Olechnowicz, President of the Management Board, Zbigniew Paszkowicz and Marek Sokołowski, Vice-Presidents, from their positions on the Management Board. Maciej
Another SUBWAY restaurant is scheduled to open on April 7th at a LOTOS service station in Poznań, with over ten more outlets under the US brand planned for launch in the course of 2016.
Earthworks related to the construction of the main EFRA Project units have started in the Gdańsk refinery. Ground improvements, i.e. piling for the Hydrogen Generation Unit (HGU) as well as work on the construction site for the coking complex that
In the first quarter of 2016, LOTOS produced over 2.5 million barrels (ca. 350 thousand tonnes) of oil equivalent (boe), which translates into a daily production volume of almost 30 thousand boe. To compare, production in the first three months of
The LOTOS Group may start construction of a Delayed Coking Unit (DCU) and Coker Naphtha Hydrotreating Unit (CNHT), key elements of the EFRA Project designed to increase the efficiency of the Gdańsk refinery. The relevant permit was issued by the
The session of March 18th will see Grupa LOTOS return to the WIG20 index, which groups the largest and most liquid stocks traded on the Warsaw Stock Exchange (WSE).
2015 normalised LIFO-based EBITDA (operating profit plus depreciation/amortisation) was PLN 2,156m (2014: PLN 1,391m), the best result in the history of LOTOS.
Shell Polska and LOTOS Paliwa have put the finishing touches on a deal that will see cross-acceptance of euroShell and LOTOS Biznes car fleet cards at LOTOS and Shell Polska service stations.
In February 2016, total production of crude oil by LOTOS Petrobaltic, LOTOS Norge and LOTOS Geonafta, which operate in Poland, Norway and Lithuania, crossed the mark of one million barrels.
Thanks to the implementation of the EFRA Project, the LOTOS Group will discontinue production of heavy fuel oil, a fraction obtained from petroleum distillation. Once the new installations are put in operation, instead of fuel oil the Gdańsk refinery
Grupa LOTOS has engaged an owner’s representative to provide comprehensive supervision over the work to be performed under its EFRA Project. On Friday, January 29th 2016, the Company signed an agreement with a reputable partner, Tebodin Poland.
The Extraordinary General Meeting of Grupa LOTOS S.A. held on January 27th 2016, acting at the request of the Ministry of State Treasury, changed the composition of the Company’s Supervisory Board of the 9th term.
Grupa LOTOS will upgrade the four sulfur production units operating at its refinery in Gdańsk. This will enable the refinery to desulfurise 900 thousand tonnes per year of fuels recovered, under the EFRA Project, from high-sulfur heavy residue
In 2015 LOTOS reported a model refining margin of USD 7.76/bbl, compared with USD 6.08/bbl the year before.
The LOTOS refinery needs additional hydrogen volumes to increase its fuel production by nearly 1 million tonnes annually following implementation of the EFRA Project. Hydrogen is required for processing heavy oil residues into high-margin products
In November 2015, LOTOS reported a model refining margin of USD 8.6 per barrel, up 47% on the previous month and up almost 4% year on year.
The choice and application of the coking technology to process the heavy residue generated in crude processing will allow Grupa LOTOS to increase its product yields by more than 30% compared with other residue handling methods. Coking is a
LOTOS-Air BP Polska and the Olsztyn Mazury Regional Airport in Szymany signed an agreement for the supply of aviation fuels. The Gdańsk-based fuel company, currently offering aircraft refuelling services in Warsaw, Gdańsk, Katowice and Lublin, now
LOTOS Kolej, a Grupa LOTOS S.A. subsidiary, has launched rail freight operations in Germany, a very promising market for the carrier.
LOTOS Exploration and Production Norge AS has entered into an agreement with ExxonMobil Exploration and Production Norway to acquire a portfolio of assets in the Sleipner gas field located in the North Sea.
After the first three quarters of 2015, LOTOS posted a consolidated operating profit (EBIT) of PLN 743m (against a PLN 318m loss in the previous year). EBITDA (EBIT before amortisation/depreciation) for the nine months stood at PLN 1.28bn (compared
Grupa LOTOS S.A. and the Italian company KT-Kinetics Technology S.p.A. (KT) signed a contract for the construction of a Hydrowax Vacuum Distillation Unit (HVDU), which is part of a larger complex being constructed under the EFRA capital project. The
With a symbolic cornerstone laying ceremony at its refinery in Gdańsk, Grupa LOTOS S.A. marked the start of construction works on a deep oil conversion complex under the EFRA Project. The total cost of the project is estimated at ca. PLN 2.3bn.
LOTOS Petrobaltic, the sole company engaged in crude oil and natural gas exploration and production in the Polish economic zone of the Baltic Sea, has launched initial production from a new field. The field is the B8 oil field, holding an estimated
“I’m at a refinery that has built a reputation for excellence, and I would like to know the key to your success,” said Maroš Šefčovič, Vice-President of the European Commission for Energy Union, during his visit at
The LOTOS Group and Germany’s Linde AG, Engineering Division, have signed an agreement to build an Oxygen Generation Unit. The output oxygen will be used to increase the efficiency of desulphurisation of the components of fuels to be produced
In August 2015, LOTOS reported a model refining margin of USD 8.51 per barrel, up by 25.3% on July 2015 and 23.8% on August 2014.
In Q2 2015, LOTOS generated EBITDA (operating profit before depreciation and amortisation) of PLN 755m (up 69.5% quarter on quarter), with operating profit (EBIT) at PLN 569m (up 112.5% quarter on quarter) and net profit of ca. PLN 479m (down PLN
As a consortium leader, LOTOS is launching the HESTOR research project, co-financed by the National Centre for Research and Development. The project is designed to examine the efficiency of storing hydrogen obtained from surplus energy from renewable
As part of the ‘Efficiency and Growth’ programme, the Management Board of Grupa LOTOS S.A. has made a decision to float LOTOS Kolej on the Warsaw Stock Exchange.
Grupa LOTOS S.A. has embarked on its new project to expand the refinery’s deep conversion capacities (the EFRA Programme). Under the programme, LOTOS Asfalt, a company of the LOTOS Group, executed an agreement with KT - Kinetics Technology
LOTOS Asfalt is the only company on the Polish market to sell its bitumen products through a dedicated mobile application.Over one hundred orders for LOTOS Asfalt bitumens have been placed via smartphones so far. The mSprzedaż application is
In June 2015, LOTOS reported a model refining margin of USD 8.73 per barrel, a 16.5% increase from May 2015 and almost double the figure posted in June 2014.
We plan to start distributing dividends as early as during the period covered by our new strategy. It’s not likely to happen next year, though, given that our shareholders have recently agreed to back our multi-billion investment programme with
LOTOS Asfalt, a LOTOS Group company, and a syndicate of eight financial institutions have signed credit facility agreements to finance the construction of an advanced Delayed Coking Unit (DCU) with auxiliary installations on the premises of the
On June 30th 2015, the Annual General Meeting, resumed after adjournment, removed Ms Magdalena Bohusz-Boguszewska from the Grupa LOTOS S.A. Supervisory Board of the ninth joint term of office, and appointed in her place Ms Katarzyna Iskra as Member
The Supervisory Board of Grupa LOTOS S.A. reappointed all the existing Members of the Management Board for another, ninth joint term of office. The eighth term of office of the Management Board expires on June 28th 2015, and the ninth term of
In May 2015, LOTOS’s model refining margin was USD 7.49/bbl, having grown over 80% year on year.
On June 1st 2015, the Annual General Meeting of Grupa LOTOS S.A. was held in Gdańsk. The Annual General Meeting approved the Company’s separate and consolidated financial statements for 2014, and granted discharge to all members of the Grupa
The Supervisory Board of Grupa LOTOS S.A. has concluded the procedure to select the President of the Management Board of Grupa LOTOS S.A. of the ninth joint term of office.The Supervisory Board has today resolved to appoint Mr Paweł Olechnowicz to
This year, Grupa LOTOS’s refinery in Gdańsk has further diversified its sources of crude oil supplies. The new crude is produced at the Lubiatów gas and oil production facility managed by PGNiG. In the past, crude oil was brought to the
LOTOS - Air BP Polska adds four Polish airports, Warsaw (WAW), Gdańsk (GDN), Katowice (KTW) and Lublin (LUZ), to the worldwide network of more than 700 airports in 50 countries where the Sterling Card is accepted.
In the Nauta Shipyard of Gdynia, an overhaul of the LOTOS Petrobaltic drilling rig, undertaken to renew the rig’s classification certificate, has been completed. All work was designed to further improve safety-at-work and environmental
In April 2015, LOTOS’s model refining margin was USD 7.87/bbl, having grown nearly 19% year on year.
For Q1 2015, LOTOS reported EBITDA of PLN 446m (up 92% year on year) and operating profit close to PLN 268m (Q1 2014: PLN 17.3m). In the same period, the Company generated operating cash flows of PLN 321m (up 27% year on year).
The European Union needs a fundamental transformation of its energy sector to give Member States a sense of security and access to energy at competitive prices. This is the most important conclusion of the panel discussion entitled ‘Completing
Today marked the opening of the 7th European Economic Congress, the largest business event in Central Europe. The opening speech of the Congress was delivered by President Bronisław Komorowski. The event will continue until Wednesday, April 22nd.
From September, WizzAir will increase the number of routes and open a base at the Lublin airport. The growth of the Hungarian carrier’s operations will result in an increase in passenger volumes and more frequent aviation fuel deliveries by
The energy union initiative proposes many good solutions, such as infrastructure expansion for energy market purposes. My hope is that the European Union will adopt a highly pragmatic approach when drafting directives implementing this project.
The success of the festival lies in people. A talk with Jerzy Batycki, director of LOTOS Jazz Festival Bielska Zadymka Jazzowa.
Grupa LOTOS intends to continue the investment projects envisioned in the ‘Efficiency and Growth 2013-2015’ programme. The projects, which may be modified to take into account the challenging market conditions, will be financed with
Seeking to achieve a reasonable rate of return on its investment and considering the difficult situation on the global oil market, LOTOS Petrobaltic has made a decision to modify its plans for upgrading the ‘Petrobaltic’ rig. At the same
On February 3rd 2015, LOTOS published its estimates of selected factors with a material bearing on the Company’s consolidated performance in Q4 2014.
At the end of 2014 the LOTOS chain comprised 441 service stations, with the company planning to expand the network to some 470 outlets by the end of 2015.
The shareholders of Grupa LOTOS S.A. (“Grupa LOTOS”, the “Company”) will acquire all of the Company new issue shares offered on a pre-emptive basis. They submitted primary and additional subscription orders for the total of
Friday, November 28th 2014, is the last day for accepting subscriptions for new shares of Grupa LOTOS S.A. (“Grupa LOTOS” or the “Company”) placed in the exercise of pre-emptive rights, and for accepting additional
The State Treasury intends to subscribe for all new Grupa LOTOS shares it is entitled to under the rights issue, and to maintain its existing percentage holding in the company. As announced on November 13th 2014, the Minister of State Treasury,
Grupa LOTOS S.A. (the “Company”, “Grupa LOTOS”) has published today, the prospectus prepared in connection with a rights issue by way of a public offering. Proceeds from the issue will be used to finance the project EFRA i.e.
Dziennik Gazeta Prawna daily talks to Paweł Olechnowicz, CEO of Grupa LOTOS S.A.
In Q3 2014, LOTOS generated revenue of close to PLN 7.55bn, up by approximately 5% on the previous quarter. Revenue for the period from January 1st to September 30th 2014 totalled in excess of PLN 21.9bn (up 4% year on year).
LOTOS Petrobaltic S.A. has signed a contract for the conversion of its drilling rig into a production unit. The consortium of the project's contractors consists of companies controlled by Polska Grupa Zbrojeniowa S.A. (Energomontaż –
LOTOS Group was included in the group of companies awarded in the “Best Annual Report” contest for the third consecutive time.
Europe has set itself very strict GHG emission standards, largely to the detriment of its economic development. And in the context of the Ukraine crisis it is worth remembering that the stronger the economy, the better it can be protected, writes the
On October 15th 2014, the Minister of the State Treasury representing the State Treasury entered into an agreement with Grupa LOTOS S.A. for granting the support in the form of non-public aid of up to PLN 530m to finance the construction of a delayed
Grupa LOTOS has launched a new image-building campaign. It consists of a promotional TV spot and its interactive version, available at www.lotostory.pl. The link can also be used to access a competition where the participants will have a chance to
In September, LOTOS's model refining margin amounted to USD 7.86/bbl, hitting the highest monthly level so far this year. This year-on-year margin increase is chiefly attributable to lower crude oil prices and a growing Brent-Urals differential.
Once again, LOTOS Oil S.A. was awarded the title of Ambassador of the Polish Economy, winning this year's competition for the title in the 'Export 2013' category.
On Wednesday, September 10th 2014, the Gdańsk Lodge of Business Centre Club launched a series of training seminars on brand marketing and promotion. The special guest of the meeting was prof. Robert Kozielski.
In recognition of its contribution to the implementation of the organisation's business strategy through creating an engaging workplace, on September 11th 2014 Grupa LOTOS S.A. received the Top-Quality Human Resources Certificate, an award
The Extraordinary General Meeting of Grupa LOTOS S.A. has approved increasing the Company's share capital by issuing new shares. The proceeds will be used to finance the Company’s strategy, which envisages further investments to increase
Grupa LOTOS 2013−2015 Efficiency and Growth programme has reached its most crucial phase. In the region of Pomerania, the initiative is contributing to capital investment, new job opportunities and government revenue.
Our Kierunek Bałtyk ('Headed for the Baltic') online platform is going from strength to strength. Over the last two summer weekends, we decided to bring our project closer to people. We wanted to attract the interest of those who were
Włodzimierz Karpiński, Minister of the Polish State Treasury, and Rafał Baniak, Under-Secretary of State at the Ministry of State Treasury, have visited one of four LOTOS Petrobaltic's drilling rigs operating in the Baltic Sea.
Thanks to committed efforts by Polskie Inwestycje Rozwojowe S.A. and two banks, Bank Gospodarstwa Krajowego and Bank Pekao S.A., LOTOS will obtain financing for development of the B8 field.
On August 14th, a special PIT STOP was organised at the LOTOS service station near the Baltic Opera in Gdańsk as part of the ‘LOTOS Safety Belt Champions’ campaign. About 50 motorists and passengers opted for an inspection, owing to which
Despite difficult macroeconomic conditions in Q2 2014, LOTOS posted close to PLN 7.2bn in revenue, up by 18% year on year. In H1 2014, the Company’s revenue rose 8% year on year, to over PLN 14.3bn.
The Extraordinary General Meeting of Grupa LOTOS S.A. to be held on September 8th 2014 will decide whether to approve increasing the Company's share capital by issuing new shares, which would be offered to the Company’s existing
On August 16th 2014 at 8.30pm, ‘ESPERANZA+’ jazz show will start on the open-air stage of the Polish Baltic Philharmonic in Gdańsk on the Ołowianka island. The show is the main event of the 2014 Solidarity of Arts festival, whose main
The Hydrogen Recovery Unit (Polish acronym: WOW), a new installation at Grupa LOTOS, is expected to add to the Gdańsk refinery's total output a further 100 thousand tonnes of LPG, 9 thousand tonnes of hydrogen and 25 thousand tonnes of naphtha
With 158 economy service stations opened in just three years and effective management of its service station network, LOTOS has markedly strengthened its position in the retail market.
In early July 2014, first Ryanair's planes took off from Kraków and Wrocław to Gdańsk. The launch of the new holiday routes is a prelude of the Irish airline's expansion on the Polish market of passenger flights. As a next step, the
On June 30th 2014, the Annual General Meeting of Grupa LOTOS S.A. was held in Gdańsk. As the eighth term of office of the Company’s Supervisory Board had expired, the General Meeting appointed members for the subsequent term.
It is the fifth integrated annual report combining information on the strategy, management, performance, and future outlook of the LOTOS Group, and reflecting the economic, social and environmental conditions of the Group's business.
The title of National Champion of the ENACTUS Poland 2014 contest was awarded to the STRATEG Students Group from Gdańsk University − a team sponsored by Grupa LOTOS and now headed for Beijing, where it will represent Poland during the
In May 2014, the Company and the Baltic Sea Culture Centre (BSCC) formed a strategic partnership to sponsor cultural activity.
On Wednesday, June 4th 2014, a branch of Lechia Gdańsk Football Academy was opened in Kokoszki. It is the twelfth branch of the Academy opened as part of the 'White and green future with LOTOS' programme.
Yesterday three young seals staying at the Hel Seal Centre were released into the sea in Czołpin, within the Słowiński National Park area. Two of them − Maszop and Maszoperia − were born in the Seal Centre, where they learnt to swim and
May this year saw LOTOS launch three new service stations in Motorway Service Areas (MSAs) on the A4 and A2 routes. The first MSA opened in Rudka (A4 section near Tarnów) and the other two in Brwinów, a town located between the
Grupa LOTOS has been awarded the Golden CSR Leaf in a ranking organised under the auspices of the ‘Polityka’ weekly and PwC. The Company has been granted this prestigious distinction for the second consecutive time. The ranking of
Silesia's local authorities and Regional Chamber of Commerce recognised Grupa LOTOS and its CEO, Paweł Olechnowicz, for professionalism, quality, ability to integrate business and social welfare concerns, and contribution to the development of
LOTOS Exploration & Production Norge and PGNiG Upstream International have signed a letter of intent for collaboration in projects on the Norwegian Continental Shelf. The companies are to work together in the review and pursuit of potential
On Saturday, May 10th 2014, another branch of the Lechia Gdańsk Football Academy was opened, marking the first time the “White and green future with LOTOS” programme expanded beyond the Province of Gdańsk.
By giving priority to the climate policy over the energy and industry policies, the European Union condemns itself to the loss of competitiveness and deindustrialisation, participants of the '29 +1' Energy Summit in Bucharest, Romania,
Despite difficult macroeconomic conditions in Q1 2014, LOTOS posted close to PLN 7.2bn in revenue, delivering an operating profit of PLN 17m.
A letter of intent signed between LOTOS Serwis and the Polish Shipping Register offers prospects of new offshore project modernisation contracts and a substantially higher involvement in the segment.
Central Europe Energy Partners (CEEP), an association of companies and organisations from Central Europe working with the European Union, is organising on April 25th Energy Summit ‘29+1’ in Bucharest. The summit is being held under the
Four Grupa LOTOS initiatives are highlighted in the latest publication by the Responsible Business Forum (FOB) on best CSR practices.
Comment by Paweł Olechnowicz, CEO of Grupa LOTOS and Chairman Board of Directors Central Europe Energy Partners.
At the beginning of 2014, Grupa LOTOS liaised with Our Earth Foundation, becoming a partner to the International Baltic Clean-Up 2014 campaign.
During the formal presentation of 'Splendor Gedanensis', the City of Gdańsk Award in culture, held on Friday March 14th, Grupa LOTOS received the 2013 title of Patron of Gdańsk Culture for its support as a strategic partner of projects run
LOTOS posted PLN 28.6bn in revenue in 2013, with operating profit at PLN 146m and net profit of just under PLN 40m. Upstream operations and efficient processing of crude oil into fuels will power the Company's value creation in 2014.
The SAMBAH (Static Acoustic Monitoring of the Baltic Sea Harbour Porpoise) research programme has enabled pinpointing of the harbour porpoise habitat in the Baltic Sea.
LOTOS Kolej has put into operation the first of five DRAGON locomotives it has ordered. Manufactured by NEWAG Gliwice S.A., the DRAGON is a modern six-axle electric locomotive, the first of its kind to be manufactured in Poland in some 25 years.
Today, the offshore platform newly purchased by LOTOS Petrobaltic, the sole company conducting hydrocarbon exploration and production work in the Polish zone of the Baltic Sea, has arrived in Poland. The Industrial Development Agency and Nordea Bank
Following the drilling of an exploration well in the Trell prospect, the presence of crude oil was confirmed in the PL 102F licence area. LOTOS Exploration & Production Norge holds an interest in this licence, acquired in 2013 as part of the
“LOTOS will neither suddenly close its refinery, nor will we collectively move out. We must learn how to benefit from being neighbours. There are many opportunities for us,” argued Janusz Sampolski, head of the village of Przejazdowo.
LOTOS Serwis's qualifications have been confirmed by the certification unit of the Office of Technical Inspection.
Above all, a responsible energy policy must take account of the differences in the economic development across the European Union, writes Paweł Olechnowicz, President of Grupa Lotos.
Lotos Exploration & Production Norge AS has been awarded two new production licenses on the Norwegian Continental Shelf. The offers were issued on the 21st of January after the authorities had evaluated applications from 50 companies in the
Katowice Pyrzowice International Airport has welcomed LOTOS - Air BP Polska as a supplier of aviation fuels ‘at the wing-tip’. Diversification of fuel suppliers is another step on the path to demonopolising the Polish aviation fuels
At the end of 2013, 439 service stations were operating in the LOTOS network, including 151 stations in the LOTOS Optima economy segment and 14 service stations in Motorway Service Areas. LOTOS remains Poland’s fastest growing network of
LOTOS Exploration & Production Norge, which had entered into an agreement with Centrica Norge on the acquisition of the Heimdal assets on the Norwegian Continental Shelf, has received clearance from the Norwegian authorities to finalise the
Once again, Grupa LOTOS has been included in the RESPECT Index of the most socially responsible WSE-listed companies.
As of the 2013/2014 academic year, Grupa LOTOS has become a partner of ENACTUS Poland. As part of the partnership, the Company has announced a grant competition for students of Polish universities associated under the organisation.
Robert Kubica has been named Personality of the Year in a vote by the Fédération Internationale de l'Automobile, beating three famous Sebastians: Vettel, Ogier and Loeb.
On December 3rd 2013, Grupa LOTOS S.A. and Grupa Azoty S.A. signed an agreement on the future formation of a special purpose vehicle to conduct a comprehensive feasibility study on the construction of a new petrochemical complex, in the vicinity of
On November 25th 2013, the LOTOS Group and BP Europe executed an agreement on commencement of operations by LOTOS – Air BP Polska. The new company's development prospects are bolstered by the growing consumption of aviation fuels in
'Transformation – how to manage changes responsibly?' was the motto of the Fifth Responsible Energy Conference held at the Copernicus Science Centre in Warsaw last Monday.
The LOTOS Group was declared 'A Well-Perceived Company' in this year's edition of a contest organised by the Business Centre Club. The company was awarded in two categories – strategy and communication.
LOTOS Exploration & Production Norge (LOTOS), a subsidiary of the Polish energy corporation Grupa LOTOS S.A., has reached an agreement with Centrica Energy Norway, a subsidiary of the UK based Centrica Plc., to acquire shares in 14 licences on
On October 30th 2013, one hundred days away from the opening ceremony of the Sochi Winter Olympic Games, the Polish Skiing Association and Grupa LOTOS, Poland’s General Skiing Sponsor, signed an agreement for the next season.
In the challenging macroeconomic environment of Q3 2013, Grupa LOTOS earned revenue of PLN 7.8bn and generated operating profit of PLN 340.8m.
The grand opening of a new IT classroom took place yesterday at Primary School No. 61 in Gdańsk-Przeróbka. Grupa LOTOS sponsored eight computer stations as well as software in the new classroom for the students of the school.
Grupa LOTOS has been distinguished as 'The Best Employer 2013' in the Large Companies category. This is the 8th time that this prestigious title, given by AON Hewitt, has been awarded in Poland, and the 20th time globally.
On October 14th 2013 (Monday), the European Commission approved the joint-venture agreement between Grupa LOTOS and BP Europa. The new company deals with the supply, logistics, and sales of aviation fuel in Poland.
Polskie Inwestycje Rozwojowe S.A. has executed its first investment project financing agreement with LOTOS Petrobaltic S.A.
Research vessel “Polar Duke” has commenced 3D seismic surveys of the area covered by the Gaz Południe exploration and appraisal licence held by LOTOS Petrobaltic S.A. The licence area includes natural gas accumulations designated as B21
The Grupa LOTOS refinery was recognised as the most energy efficient refinery in Central and Eastern Europe in 2012 in a ranking by Solomon Associates. At the same time, it secured one of the top positions among the most efficient refineries
Grupa LOTOS (LTS) will be included in the portfolio of the Warsaw Stock Exchange's new WIG30 index, to be published on September 23rd.
Kajetan Kajetanowicz and Jarek Baran of the LOTOS Rally Team have won every round of the LOTOS Polish Rally Championship, and sealed their magnificent performance in the 2013 season by coming top of the LOTOS 70th Rally Poland.
Michał Kościuszko and Maciek Szczepaniak have finished testing prior to their participation in the LOTOS 70th Rally Poland. The LOTOS Rally Team has been checking not only the strength of Kościuszko’s spine, but also their Ford Fiesta R5, which
“All my life I’ve been living near the refinery, so when I finally got the chance to explore it, I didn’t think twice. I also came to confirm my belief that the plant is safe, and I was right,” said Barbara, a resident of
‘Towards a New Deal’, the slogan for the latest Economic Forum on September 3rd-5th 2013 in Krynica, refers to the economic, social and political transformations brought about by the global financial crisis.
The LOTOS Group has once again taken sixth place among the 500 largest companies of Central and Eastern Europe. The Company was qualified to its top position after its revenue in the analysed period of 2012 amounted to as much as PLN 33.1bn.
The public debate about the future of the energy sector in Europe is unfolding slowly, but even now one can see that it will be one of the most difficult – and most important – arguments of the coming years, not only in the EU, but also
For the Rallye Deutschland, part of the World Rally Championships, Robert Kubica took fifth place in the WRC category – the best result so far in Polish rallying history. Until now, the previous best Polish WRC win in the history of the World
This Thursday, August 22nd 2013, two Polish rally teams supported by Grupa LOTOS – Michał Kościuszko and Maciek Szczepaniak from the LOTOS Rally Team, and Robert Kubica and Maciek Baran – will compete in the Rallye Deutschland, the ninth
The Kauno Ruduo rally, the fifth and only foreign round of the LOTOS 2013 Polish Rally Championship, is scheduled to start this weekend, August 23rd. The LOTOS Rally Team will be represented by Kajetan Kajetanowicz and Jarek Baran.
On August 14th 2013, an agreement on joint operations within the Kamień Pomorski licence block was signed between Polskie Górnictwo Naftowe i Gazownictwo SA and LOTOS Petrobaltic S.A. In practical terms, the agreement will strengthen the
During the first half-year 2013, LOTOS put down solid foundations for its ambitious 'Efficiency and Growth 2013-15' programme.
Robert Kubica and Maciek Baran hit the podium in the WRC-2 category of the next round of the World Rally Championship 2013. With their previous two wins – in the Rally d’Italia Sardegna and the Acropolis Rally – they now stand
After a nearly two-month break, the racing season for the rally drivers sponsored by the LOTOS Group is beginning to heat up again. On August 1st, first up will be Robert Kubica and Maciej Baran, who will be burning rubber in the WRC-2 category of
Grupa LOTOS has qualified as a national finalist in this year's edition of the prestigious European Business Awards competition. We have been nominated for a Ruban d’Honneur award in the Millicom Award for Environmental and Corporate
The Karkonosze Rally, the third round of the LOTOS Polish Rally Championship to be held on the first weekend of July, is a real treat for motorsports fans and residents of Jelenia Góra and the picturesque Karkonosze Mountains.
Today the Supervisory Board of Grupa LOTOS S.A. approved the directions of the '2013-15 Effective and Rising programme, which will facilitate implementation of the Company's strategy and deliver steady value growth for shareholders.
Several fire brigade teams from the State Fire Service and from LOTOS Straż, with special equipment and fire-extinguishing agents, participated in special drills organised on the premises of the Grupa LOTOS refinery on Wednesday June 26th. Fire
Scientists from the Marine Station of the Gdańsk University’s Institute of Oceanography in Hel have released four young seals into the wild in late June this year. Three of them - Łodzik, Łacha and Ławica - were born at the station, while the
Today Air BP, the aviation fuel services division of BP, has signed an agreement with Grupa Lotos to form a new joint venture tomanage the supply, logistics and marketing of aviation fuel in Poland.
The Poles achieved an unprecedented result in the World Rally Championship. For the first time ever, two Polish drivers were in the top ten of the WRC rally. With an over four-minute advantage, Robert Kubica won in the WRC 2 category of Rally
The 7th round of the World Rally Championship – Rally Sardegna – begins next Friday. For Michał Kościuszko and Maciek Szczepaniak of the LOTOS Rally Team, this will be their first start with the M-Sport Ford Fiesta RS WRC. The Italian
The second edition of the DEVELOPMENT INITIATION FORUM was held on June 11th – 12th. The Forum is a unique initiative for both the Pomerania region and the entire country. It is a meeting place for representatives of non-government
On Friday, June 14th 2013, Michał Kościuszko and Maciek Szczepaniak will hit the road in their Ford Fiesta RS WRC for the first time. Testing will take place in Greystoke in the north of England, near M-Sport's headquarters.
LOTOS Asfalt's latest product, Modbit 45/80-55 CR rubber-modified bitumen, has been used to cover 3 km of road from Sztum (Province of Gdańsk) to Postolin. In comparison to standard road surface materials, pedestrians and drivers will
This year's World Rally Championship will see Michał Kościuszko and Maciek Szczepaniak competing in three events: the Rally d'Italia Sardegna, the ADAC Rallye Deutschland and the Wales Rally GB. In mid-September, the LOTOS Rally Team will
After 3 days’ struggle, from May 31st to June 2nd, Robert Kubica and co-driver Maciek Baran emerged as WRC 2 class winners in the Acropolis Rally. For the Grupa LOTOS team, the victory is all the sweeter as this year's sixth World Rally
Robert Kubica, supported by the LOTOS Group, will compete in the WRC 2 category of the FIA World Rally Championship for the second time in the 2013 WRC season. Today (Friday, May 31st) Kubica and his co-driver Maciek Baran will be at the start line
Kajetan Kajetanowicz and Jarek Baran of the LOTOS Rally Team have won their second consecutive victory with the Wisła Rally, part of the 70th Polish Rally Championship. With a full set of points, Kajetanowicz and his co-driver Baran have gained a
During the Ninth Autostrada-Polska Trade Fair in Kielce, LOTOS Asfalt won a medal for its bitumen modified with rubber.
Even though Robert Kubica was in the lead after four stages, in the end he could not take it to the podium – and not because of Corsica’s meandering routes, but due to a car failure. Kubica, whose official partner is Grupa LOTOS, withdrew
Grupa LOTOS has been ranked second among the 500 largest Polish companies. The twentieth ranking of firms from the industrial, trading and services sectors was compiled by the Polityka weekly.
Grupa LOTOS has now published its 2012 Integrated Annual Report. The publication, titled 'Culture of Values', is available from www.raportroczny.lotos.pl and presents the company's economic, social and environmental performance in line
Discussion and debate among representatives of the worlds of science, politics and business will be taking place from the 13th-15th of May in Katowice, where guests will be meeting for the 2013 European Economic Congress. LOTOS is a main partner of
Central Europe Energy Partners (CEEP), an association of companies and organisations from Central Europe working with the European Union, is organising a May 10th summit this year in Vilnius on the common energy policy in Europe. The summit is being
The fourth Maritime Education Programme got underway yesterday in Gdańsk. As part of the project, Year One students from Gdańsk junior schools will enjoy several hours of sailing on the waters of the Bay of Gdańsk, as well as in the Port Channel.
LOTOS closed the first quarter of 2013 with revenue of PLN 7.2 billion, a decrease of 8.4% year on year. This follows strong pressures on the financial results from the appreciating stronger US dollar, the maintenance shutdown of the Company's
Although starting in the first ten, after completing three stages of the Rally Argentina the LOTOS Rally Team crew of Michal Kosciuszko and Maciej Szczepaniak were forced to withdraw from the competition on the last day, due to a faulty suspension in
Wednesday, May 1st 2013 marks the start of the Rally Argentina, the fifth round of the World Rally Championship and one of the fastest of this year's WRC meetings. For four days, rally fans will have their eyes glued to Cordoba, a province of
Having performed very well in the gravel-road stages of the Rally Azores, Robert Kubica finished sixth. After the Rally Portugal, this is the second sixth-place result for the LOTOS-supported driver, thanks to difficult weather conditions.
PAWEŁ OLECHNOWICZ is Chairman of the Board of Directors of Central Europe Energy Partners (AISBL), and President of the Management Board of Grupa LOTOS
Grupa LOTOS SA took eighth place overall in the 7th Responsible Companies Ranking, and second in the industry ranking (Fuel, Energy, Mining). Previous editions of the RCR have included over 150 companies operating on the Polish market.
In a ranking of the 500 largest Polish companies prepared by the Rzeczpospolita daily, LOTOS has again taken second.
The challenging Rally de Portugal ended on April 14th (Sunday). Kubica finished sixth in the WRC-2 category, while Kościuszko had to pull out altogether during the last special stage due to technical problems.
One rally, two categories, four rally drivers supported by LOTOS. This weekend rally enthusiasts can count on a powerful dose of adrenaline – on Friday, April 12th Robert Kubica and Michał Kościuszko will compete in Rally Portugal.
On Friday, April 12, the Świdnica Rally begins – the first elimination round of the Polish Rally Championship 2013 season, for which Grupa LOTOS is the title sponsor. Number 1 has been assigned to last year’s winners, Kajetan Kajetanowicz
On April 9th 2013, CalEnergy acceded as a limited partner to the Baltic Gas Sp. z o.o. i Wspólnicy Spółka Komandytowa, a limited liability partnership created earlier by LOTOS Petrobaltic to implement an investment agreement with
The LOTOS brand has been awarded a prestigious Business Superbrand 2013 award in the 7th Polish edition of the Superbrands programme, which awards the strongest brands on the Polish market. Grupa LOTOS received the award in the Corporate Brands
In Saturday's Fafe WRC Rally Sprint – the warm-up to the Rally de Portugal – Robert Kubica made his gravel debut in a Citroen DS3 RRC, taking first place amongst drivers not running WRC cars.
Forbes has awarded a Diamond to another company in the LOTOS Group, LOTOS Czechowice. The Czechowice-based company took first place in a ranking of companies in Silesia that have earned from PLN 5 to 50 million in revenue.
Five days before the start of the Rally de Portugal, on Saturday, Robert Kubica and Maciek Baran will be running in the WRC Rally Sprint Fafe. This will be their first start on a gravel surface and an important round of training before the main event
Between March 29th and May 10th 2012, the Gdańsk refinery will undergo a scheduled overhaul, for which the Company has been gearing up for nearly a year and a half. LOTOS has accumulated appropriate stocks of products to be placed on the market so
On the first day of the 37th Canary Islands Rally, Robert Kubica, partnered by his co-driver Maciej Baran, delivered performances which not only outclassed his rivals, but also secured him the Colin McRae ERC Flat Out Trophy. Unfortunately, during
In 2012, LOTOS generated revenue of PLN 33.1bn, up by 13.2% relative to 2011. Its operating profit for the period amounted to PLN 301m, and the net profit was PLN 923, which means a 42% growth year on year.
Owing to the support from Grupa LOTOS, the most important Polish golf tournament returns as LOTOS Polish Open after a three-year break. LOTOS Polish Open is Poland's premier championship in professional golf.
More than 50% of accidents related to bitumen handling occur during unloading.To prevent such accidents, LOTOS Asfalt has designed an education campaign called “Be safe when working with bitumens”, and produced a video guide on how to
On Thursday, LOTOS Paliwa and Miejskie Zakłady Autobusowe of Warsaw signed a contract for the supplies of 43 thousand cubic metres of diesel oil over the period of 12 months. The value of the contract is over PLN 241m.
Grupa LOTOS is to become an official partner of Robert Kubica and his co-driver Maciej Baran in the WRC-2 category of the World Rally Championship and in the European Rally Championship. In the 2013 season, one of the most famous Polish drivers will
On March 12th 2013, Talisman Energy (operator of the Yme field) and SBM Offshore (owner of the MOPU - Mobile Offshore Production Unit) announced that a settlement had been reached to remove the defective platform from the Yme field.
Michał Kościuszko and Maciek Szczepaniak were close to coming in tenth in the overall classification, but eventually did not manage to complete Rally Mexico. This was due to a serious failure of their Mini WRC’s engine,
Jakub Kurasz and Tomasz Furman talk to Paweł Olechnowicz, Grupa Lotos CEO.
As many as three Forbes Diamonds went to companies of the LOTOS Group in this year's edition of the award. The Pomerania-based winners of the ranking met in Gdańsk, on February 27th 2013.
A detailed analysis of the economic viability of a new petrochemical plant in Gdańsk and the projected demand for its products will be ready in June or July this year, CEO of Grupa LOTOS told Jakub Kurasz and Tomasz Furman.
Four branch centres of the Lechia Gdańsk Football Academy, were established in Bytów, Starogard Gdański, Pruszcz Gdański and Ustka under the White and Green Future with LOTOS programme, which was launched on September 3rd last year. Another
Thanks to LOTOS Biznes cards, you can conveniently buy fuel at LOTOS CODO and DOFO stations throughout Poland. But this is not all – a new option was recently launched under the LOTOS Biznes fleet scheme, allowing drivers to pay tolls for the
According to financial performance estimates, in Q4 2012 LOTOS earned net profit of just under PLN 936m. This represents a 44% year-on-year growth. The Company expects revenue to reach PLN 33.1bn, which is up by 13% on the prior year.
Grupa LOTOS has once again fulfilled the strict criteria to be included in the RESPECT Index of the Warsaw Stock Exchange and has found itself among the 20 companies to be included in the new composition of the RESPECT Index. It is already the sixth
LOTOS Geonafta, a company owned by LOTOS Petrobaltic, has been contracted to supply crude oil to the Gdańsk refinery. The contract has just be concluded for an indefinite period of time. Its value over the next five has been estimated at PLN
LOTOS Tank, a company of the LOTOS Group, has launched direct sale of aviation fuel at the Warsaw Chopin Airport. In this way this largest airport in Poland has gained another alternative supplier of fuel, which has a positive effect on the security
LOTOS Rally Team is a new Polish rally team, formed by Michał Kościuszko and Maciej Szczepaniak as well as Kajetan Kajetanowicz and Jarosław Baran.
Grupa LOTOS S.A. entered into fuel supply contracts for 2013 and 2014 with Statoil Poland, Shell Polska and BP Europa. The total value of the contracts is estimated at approximately PLN 14bn.
LOTOS Paliwa greeted the New Year at 401 service stations, located throughout Poland. In 2012, the LOTOS retail network was developing both in the premium and economy segments. However, it was the expansion of the LOTOS Optima network that remained a
Grupa LOTOS S.A. was awarded a distinction in the ranking "ESG Analysis of Companies in Poland”, prepared by the Association of Stock Exchange Issuers in cooperation with Accreo Taxand and GES consultancies.
November 28th 2012 saw the consummation of an agreement whereby LOTOS Geonafta acquired the remaining 50% interest in Manifoldas. LOTOS Geonafta, which had held a 50% interest prior to the transaction, took full control over the company. Manifoldas
Grupa LOTOS has been ranked the sixth largest company in Central Europe. The close-to-the-top position in the ranking of 500 largest corporations in the region is owed to strong revenues. In 2011, which was the period under analysis, Grupa LOTOS
On November 23rd 2012 Grupa LOTOS S.A. signed an agreement with Zakłady Azotowe w Tarnowie-Mościcach (”Azoty Tarnów”) to complete a preliminary feasibility study for two proposed investment projects – a steam cracker and
The cooperation between PGNiG and the LOTOS Group in oil and gas exploration is gaining speed. First exploration work will be carried out in four of PGNiG's licence areas situated in the region of Pomerania.
48. The Rally RACC Catalunya-Costa Daurada determined the outcome of the competition for the PWRC honours. Michał Kościuszko and Maciek Szczepaniak, who had arrived in Spain second in the classification, crashed out on special stage nine and lost
LOTOS Dynamic Rally Team in contention for the World Champion title in Rally Catalunya. Michał Kościuszko and Maciek Szczepaniak racing in the LOTOS Dynamic Rally Team colours will start today in Rally Catalunya, the final round of the World Rally
In Q3 2012, LOTOS posted PLN 626m in net profit. The Company’s revenue came in at over PLN 8.5bn, up by 13% year on year and 2% quarter on quarter. At PLN 604m, operating profit was nearly seven times higher than the Q3 2011
LOTOS Petrobaltic S.A. and CalEnergy Resources Poland Sp. z o.o. will cooperate in the development of B4 and B6 gas fields on the Baltic Sea. The total quantities of natural gas reserves amount to as much as 4 billion cubic metres. The two companies
The Rajd Dolnośląski rally race took place this weekend as the last round of this year's Polish Rally Championship (PRC). The event was an excellent end of the 2012 season for LOTOS Dynamic Rally Team and LOTOS Subaru Poland Rally Team. Also over
Today, Grupa LOTOS S.A. has executed a credit facility agreement with a syndicate of five banks, intended to refinance an existing credit facility contracted to finance the Company’s mandatory stocks.
At a meeting held on October 3rd 2012, the Supervisory Board of LOTOS Petrobaltic appointed the Company's Management Board. The Management Board consists of: Zbigniew Paszkowicz, President of the Management Board; Dariusz Wojdyński, Vice-President
It was the most challenging and the only gravel-road elimination round of this year's Polish Rally Championship. How difficult the 69th Rally Poland was may be best gathered from the fact that from a total of 52 teams that enrolled for the race, 17
Visitors coming to Poland from Berlin via Świecko may now stop by the newly opened service station in Boczów. It is the first DOFO station bearing the new colours of the LOTOS retail network.
Today, at 4pm on September 28th 2012, a qualifying stage will mark the opening of the 69th Rally Poland – the most prestigious event of the Polish Rally Championship (PRC). This tenth ERC and sixth PRC round will consist of 13 special stages,
Bartłomiej Mirecki, having won both runs at the Automotodrom Brno race track, sealed his title of the Kia Picanto 2012 Polish Racing Champion. In the first run, the 16-year-old car racing novice beat Michał Dobrowolski and Filip Tokar, while in the
The first season of the Kia LOTOS Race is drawing to an end. The last (sixth) round of the Kia Picanto Polish Racing Championship takes place this weekend. For the first time, the race will be held in the Automotodrom Brno, which is where the
On 7th of September 2012 Lotos EPN spudded its first partner operated well in Norway waters, the 7/11-13 exploration well “Geite prospect” in PL 497. LOTOS has a 10% share in this license. The well is located approximately 30 km
Grupa LOTOS S.A. and Polskie Górnictwo Naftowe i Gazownictwo SA entered into an agreement for joint exploration for conventional and unconventional oil and gas and commercial cooperation. The two companies will assess the potential of
Today was the day marking the official launch of south-eastern supply for the city of Gdańsk, and the interconnection system supplying the refinery of Grupa LOTOS S.A. with natural gas. The project is of strategic importance to the region of
Kajetan Kajetanowicz in tandem with Jarek Baran were the fastest team over nearly all special stages of the 38th Rally Košice. Getting to the finish line more than a minute ahead of the second best team, they won the Slovakian rally for the
Grupa LOTOS ranked among the top ten largest companies in Central and Eastern Europe. In the latest ranking compiled by Deloitte and the Rzeczpospolita daily, the Company advanced from 11th to 7th position.
For the LOTOS Dynamic Rally Team ADAC Rallye Deutschland, round nine in the World Championship and round six in the PWRC Classification, was the second asphalt event of the season after Monte Carlo Rally. By winning the rally, Michał Kościuszko
In H1 2012, LOTOS turned in revenue of PLN 16,216.4m, up 22% year on year.
On 22nd of June "Bareilly" tanker berthed at Naftoport's fuel base. It delivered 60 thousand tonnes of Saudi Extra Light crude oil to Grupa LOTOS S.A.'s refinery in Gdańsk.
In Q1 2012, LOTOS earned a net profit of PLN 597m, which represents a seven-fold increase on Q4 2011. The Company’s operating profit was PLN 419m, up by 193% quarter on quarter.
Construction of the xylene separation unit at Grupa LOTOS’ Gdańsk refinery is nearing completion. Xylenes are used to produce polyester, which in turn is a feedstock for production of plastic and textile products. They are in high demand due to
PLN 29,258.5m is the exact figure for sales revenue posted by LOTOS after the four quarters of 2011, an increase of close to 49% over the year before. On that revenue, we recorded PLN 1,016.5m in operating profit and PLN 654.2m in net profit.
The Norwegian Ministry of Oil and Energy announced January 17, 2012 new awards of production licenses offered under the APA 2011 Licensing Round.
Challenges facing the EU oil sector and building the sector's potential are the key themes of the 14th refining and petrochemical industry conference organised by the World Refining Association. The three-day event (October 11th–13th 2011) held
Following completion of the 10+ Programme, Grupa LOTOS has been focusing on a project concerning cavern storage facilities in Pomerania as the next key element in building safety and solidarity in the energy sector. Günter Verheugen and Paweł
Grupa LOTOS S.A. has ranked 11th in the EUROPA 500 ranking of the 500 largest CEE companies, having advanced eight positions compared with 2009. The ranking has been prepared by the Rzeczpospolita daily together with Deloitte, a consultancy firm.
PLN 1bn was the EBITDA generated by Grupa LOTOS S.A. in the first half of 2011, when its revenue hit a record figure of nearly PLN 13.3bn. Higher sales, higher crude oil prices and a weaker dollar were among the factors which allowed the Company to
On August 23rd 2011, Grupa LOTOS S.A. extended its USD 400m inventory refinancing and financing credit facility agreement with a bank consortium including Bank PEKAO S.A., PKO BP, BRE Bank and Nordea Bank Polska S.A.
MOPU, which will operates YME project, located on the Northern Sea was successfully installed on the location. Towing commenced at noon 24th of June and the whole installing operation came to an end on 26th of June.
Today, Grupa LOTOS S.A. and Przedsiębiorstwo Eksploatacji Rurociągów Naftowych Przyjaźń S.A. have signed a letter of intent concerning joint construction of underground storage facilities for crude oil and liquid fuels. The plans provide for
LOTOS Norge will be having the most busy summer season in 2011 since the company was established in 2007. In license PL503, in the southern part of the North Sea, a large 3D seismic survey of 1560 sq km started in early June. The vessel "Artemis
After four quarters of 2010, the LOTOS Group reported operating profit of PLN 769m, up by 83% year on year, and net profit of PLN 653m. Sales revenue stood at PLN 19.7bn, having grown by 36% relative to the previous year.
Grupa LOTOS shall increase by 100 thousand tonnes its annual crude oil production. It is possible thanks to sales&purchase agreement of 100% AB Geonafta’s shares, which produces crude oil on territory of the Republic of Lithuania. Closing
1.2 million tonnes of own crude oil production in 2015 and focus on dynamic development of the hydrocarbon exploration and production segment - these are the key objectives of LOTOS' newly adopted strategy for the coming years.
On September 16th, a ship hauling an oil platform to be installed on the YME field arrived at the port of Stavanger in Norway. With legs fitted, the platform will be towed to the field and, after the necessary preparations, it will start to operate.
On May 4th in Brussels, a ceremony of singing the deed of incorporation of Central Europe Energy Partners (CEEP) was held. CEEP is a non-profit organisation bringing together business entities, research institutions and other Central European
The North European Energy Security Forum is the most prestigious meeting to date of EU representatives, Polish government, businesspeople and energy sector experts from all over the world. The Forum, organised by Windsor Energy Group, a UK think
LOTOS Tank, subsidiary of Grupa LOTOS S.A., fuelled its first aircraft at the Gdańsk airport. The airplane belongs to Norwegian Air Shuttle and routes between cities of Oslo and Gdańsk.
The State Oil Company of the Republic of Azerbaijan (SOCAR) and Grupa LOTOS S.A. signed today in Baku a Protocol of Intent in accordance with both companies will conduct joint technical and economic studies of potential for making businesses in the
LOTOS Tank, a subsidiary of Grupa LOTOS S.A. opened state-of-the-art fuel terminal at Gdansk airport. Within that project LOTOS built new installations and storage tanks for the highest quality aviation fuel coming to the airport directly from Gdansk
The Management Board of Grupa LOTOS S.A. hereby publishes selected operational and financial estimates of the LOTOS Group for the fourth quarter of 2008 and the twelve months of 2008.
Grupa LOTOS S.A. supervisory board considers company’s economic situation stable. LOTOS cash-flow is not endangered by any circumstances.
In connection with the publication of UniCredit’s report containing information which was defamatory for our company and which has had a negative effect on the financial interests of Grupa LOTOS and its shareholders, we decided to take legal
The Management Board of Grupa LOTOS finds the conclusions contained in UniCredit’s recommendation of November 21st 2008 to be entirely without foundation.
Crude oil deliveries, joint action on the aviation fuel market and sales & purchase agreement regarding fuel supplies for Statoil’s sites network operating in Poland are among the stipulations of the contracts signed by the LOTOS SA Group
LOTOS Norge, a subsidiary of Grupa LOTOS holding, applied for 5 exploration licenses located on the Norwegian and Barents Seas. Applications were submitted due to 20th licensing round announced by Norwegian Ministry of Petroleum and Energy.
LOTOS Exploration and Production Norge, a subsidiary in the Grupa LOTOS holding, signed today a Sale and Purchase Agreement regarding acquisition of additional 10% interest in production licenses from Yme oil field. The remaining P50 reserves
LOTOS Exploration and Production Norge AS entered today into an agreement to buy a 20% interest in exploration license PL455, placed in the southern part of North Sea’s Norwegian sector.
LOTOS Norge, Grupa LOTOS subsidiary, signed today Sales&Purchase agreement regarding acquisition of a 10 pc interest in production licenses from Yme oil field located in the North Sea. According to the license operator (Talisman company) the
Gamyklos str. 11, LT-96155 Gargždai
Tel.: +370 46 484 801
Fax: + 370 46 470 942
E-mail: mail@lotosgeonafta.lt
ul. Elbląska 135
80-718 Gdańsk
e-mail: lotoslab@lotoslab.pl
80-718 Gdańsk
135, Elbląska St.
phone +48 58 326 43 00
fax +48 58 301 88 38
ul. Elbląska 135
80-718 Gdańsk
tel. 058 308 83 90
fax 058 308 72 51
e-mail: lotosserwis@lotosserwis.pl
ul. Elbląska 135
80-718 Gdańsk
e-mail: biuro@lotospaliwa.pl
al. Grunwaldzka 472 B
80-309 Gdańsk
phone +48 58 308 80 76
fax +48 58 573 90 01
e-mail: sekretariat@lotosairbp.pl
135, Elbląska St.
80-718 Gdańsk
2, Łukasiewicza St.
43-502 Czechowice-Dziedzice
Plac Bankowy 1
00-139 Warszawa
fax + 48 22 595 45 01
phone + 48 22 595 45 32
Piłsudskiego 16/3
31-109 Krakow
Jesionowa 22 lok. 44
40-158 Katowice
ul. Elbląska 135
80-718 Gdańsk
ul. Elbląska 135
80-718 Gdańsk
General Secretarial Office
tel. 58 308 72 33
fax 58 308 72 21
e-mail: lotosochrona@lotosochrona.pl
ul. Michałki 25
80-716 Gdańsk
tel. +48 58 308 76 55
fax + 48 58 308 76 78
LOTOS Infrastruktura S.A.
ul. 3 Maja 101
38-200 Jaslo
e-mail: sekretariat@lotosinfrastruktura.pl
www:
LOTOS Terminale S.A.
ul. Łukasiewicza 2
43-502 Czechowice-Dziedzice
e-mail: sekretariat@lotosterminale.pl
www:
Postal address:
P.O.Box 132
4065 Stavanger
Norway
Visiting address:
Jåttåvågveien 7, Blokk C
4020 Stavanger
Phone: + 47 94 14 89 00
Plac Wolnica 13 lok 10
31-060 Kraków
e-mail: Lukasz.Urbanowicz@grupalotos.pl
80-718 Gdańsk
135, Elbląska St.