Fuels
...The products meet more than 20 parameters making up fuel quality, including stringent EU standards. The entire production process is subject to ongoing monitoring. Fuel is tested at each phase of the refining
...The products meet more than 20 parameters making up fuel quality, including stringent EU standards. The entire production process is subject to ongoing monitoring. Fuel is tested at each phase of the refining
connection with the consolidation of the ORLEN Group's exploration and production activities. This is the next stage in the process of integrating domestic upstream assets and unifying the brand. ORLEN Petrobaltic is the
...Management System PN-EN ISO/IEC 17025 Laboratory Quality Management System In R&D activities covers projects related to processing and use of petroleum products, such as: fuels, lubricants, paraffin products, and bitumens.
...clause for sole traders and its representatives ORLEN Petrobaltic S.A. information clause on the rules of personal data processing for representatives of business partners ORLEN Petrobaltic S.A. information clause on the policy
... It is an oil company operating both in Poland and abroad, whose businesses consist the upstream and processing of crude oil, as well as wholesale and retail sale of highest quality petroleum products. Apart from mother
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 annually. The refinery was to supply fuels and lubricants for the
...on our customers – buyers and users of our products, but they are also addressed to employees involved in the production process, crude oil refining and later in introducing the products for use through service stations.
...presented in the PN-ISO 26000:2012 standard, where corporate social responsibility is defined as an element of management process which takes into consideration an enterprise's responsibility for the environment in which it
We approach CSR as a primary focus of the management flow and the process of improvement of all the Group entities. Environmental and social responsibility is integral to our mission. By attaching importance to CSR themes in the
...of our activities, which are reported and explained to the public through an open, reliable and widely accessible communication process. In the annually published reports we present the scale of our engagement in CSR initiatives
...Services in 2011. It shows that the factoring of environmental, social and governance criteria into the portfolio-building process may reduce the associated investment risk by one third. Those values, in addition to ethical
...geared to limit our negative environmental impact on an ongoing basis, by adherence to relevant standards in the production and processing of hydrocarbons, as well as compliance with stringent environmental standards in the
...environmental norms. We are continually expanding the range of environmentally-oriented projects to ensure that production processes are clean and safe. We were the first in Poland to obtain the Integrated Management System
...in the creation of economic, social and environmental values. In the business, social and environmental decision-making process, we also seek to take into account the interests of the individual groups relevant to our operations.
...exclusion, especially among children and the youth. We choose the most effective and adequate forms of help; in the selection process we rely on our insight into real problems, gained thanks to close relations with local
...of coaches working in the clubs with young players, and provide financial support for organising an appropriate training process. In our opinion, it is not only football skills that are important, but also general education
...technologies, based on the best available solutions characterised by low emissions and highly efficient production processes. The LOTOS Group’s strategy along with development directions until 2020 account also for changes
...technological solutions allow us to reuse water. The percentage of recycled water is calculated by dividing the sum of process water obtained from treated wastewater and condensate by our total process water
...management policies, hazardous and non-hazardous waste is transported by entities 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
...number of emission allowances. This is to encourage industrial operators to reduce their emissions by upgrading production processes or investing in environmentally-friendly technologies. Reduced emissions will require fewer
Having completed the 10+ Programme of the refinery's expansion, which has increased its overall processing capacities, we then focused on upgrading the facilities built before 2008, with the main goal of making them less
...business is organised into two segments: Upstream and Downstream. The Group’s core business is the production and processing of crude oil, as well as wholesale and retail sale of oil products, such as fuels (unleaded
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
...key areas of the supply chain such as planning, supllies, production and distribution. Crude oil supply Based on its enhanced processing capacity, the LOTOS Group will continue the policy of diversified directions and sources of
plants and auxiliary systems, at the level of at least 98% availability over a year to increase conversion ratio and ensure oil processing at a more advanced level To ensure compliance with continually increasing environmental
the environment; to introduce solutions designed to reduce energy consumption by deploying new technologies, streamlining processes and education; to communicate with the government and share our experience in areas
the key tools helping us achieve our objectives. This belief is reflected in the mechanisms designed to involve employees in the process of shaping best practice in many areas of our operations. We also seek to implement solutions
...skills of the LOTOS Group’s employees, their applications for job openings are given priority in the internal recruitment process. This approach facilitates knowledge transfers across the Group. At the same time, a database
...is to entrench a work culture and management philosophy built around a model employee who consciously participates in the process of creating added value for customers and shareholders. When designing LOTOS Academy training
...labelling requirements. This and proper use of LOTOS products help limit our environmental impacts. The state-of-the-art process units at the Gdańsk refinery in no way compromise the environmental quality standards in the
...in our growth strategy for 2011-2015 is to focus on the core businesses - hydrocarbon exploration and production, deep crude processing and trade in petroleum products. The 2013-2015 Effective and Rising Programme provides for
...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 products, with a view to promoting steady growth in
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
...practice. This approach stems from our environmental policy, which is focused on clean production, understood as a constant process aimed at reducing consumption of materials and utilities, lowering pollutant emissions, efficient
Reverse and recover flare gases normally burned off in flare stacks, Use natural gas as the primary energy source in our process units and the CHP plant, Use natural gas as the primary feedstock in the production of
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.
... wells abandonment and suspendment operations; specific transport services. Interpretation of seismic data Acquired and processed seismic data is interpreted by company geophysicists. The both 2D and 3D survey data can be
...society. Our company observes the code of ethics as well as principles ensuring ethical conduct and transparency of business processes embraced by the LOTOS capital group.
...2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC
...Company’s model refining margin - Crack spreads for fuel products which comprise the model barrel of products obtained by processing crude oil at the Company’s refinery in Gdańsk, serving as a basis for calculating
Rafineria Gdańska Sp. z o. o. manages one of the most modern production and processing plants in this part of Europe. The refinery receives and processes crude oil into high-margin products. Its
...society. Our company observes the code of ethics as well as principles ensuring ethical conduct and transparency of business processes embraced by the LOTOS capital group.
... wells abandonment and suspendment operations; specific transport services. Interpretation of seismic data Acquired and processed seismic data is interpreted by company geophysicists. The both 2D and 3D survey data can be
39 or by letter sent to the following address: Rafineria Gdańska Sp. z o.o. ul. Elbląska 135 80-718 Gdańsk. Your data will be processed for the purpose of contact concerning the response to the sent message. The legal basis for
...take a moment to read our Code of Good Recruitment Practices, which is a testament to the high quality of our recruitment processes.
...operations (from providing freight wagons through the transport of goods to maintenance of cars) connected with the transport process. Services tailored to the client's needs We are ready to take on any railway
...z o.o. ul. Michałki 25, 80-716 Gdańsk. The Data Protection Officer may be contacted on all matters related to personal data processing and exercise of the rights related to data processing.Your data will be
...specialise in, refineries select specific 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
...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 has since grown significantly to 10.5
...purchase purchase common in GK GL SA services in the field of legal advice and other advisory agreements Supporting for Process of Procurement Department Ranges performed purchases: administration of systems supporting
Business continuity management systems The first component of the IMS is the quality management system, which ensures optimum process execution, supports the implementation of the Company’s strategy, contributes to the
...S.A. ul. Elbląska 135 80-718 Gdańsk. The Data Protection Officer may be contacted on all matters related to personal data processing and exercise of the rights related to data processing. Your data will be
...data privacy of those applying for employment with our company. The purpose of this notice is to explain when, why and how we process personal data about persons that have applied for or otherwise expressed an interest in
...LEPN also holds interests (of 5% and 15% respectively) in the Heimdal and Sleipner area gas hubs, i.e. the gas and condensate processing and exporting centres of strategic importance to exporting gas from Norway to Central Europe
...margin calculation model, adapted to the new product yield structure and reflecting the increased complexity of crude oil processing following completion of the Effective Refining Project (the EFRA Project) as well as a number of
long-term success of our organisation on the local, national and international level. Accordingly, we pay close attention to the process of selecting our business partners and put great emphasis on the performance by all the parties
Refining output structure and volume of crude oil processed in June 2022 Attached file contains monthly data from October 2019 to June 2022. refining product output k tons June 2022 Crude Oil
In the calculation, the historical margin was reduced by the estimated model cost of natural gas used per model barrel of crude processed, calculated as the product of 0.075 and the gas index quoted on the Day-Ahead Market of the
...of the European Parliament and of the Council of April 27th 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General
...lubrication management and increase the reliability of engines and onboard machinery. It provides professional advice regarding processes related to lubricant management. Feel free to contact us: tomasz.szczotka@lotosoil.pl
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
of activity consisting in offering financial instruments, investment advice or providing investment recommendations and does not process personal data in order to conduct activities of this nature, and does not commission other
your personal data, including the data of our contractors and their employees, we inform you that the obtained personal data are processed in accordance with national and European law and in conditions that guarantee their security.
...all agreements concluded by the merging Companies remain valid without the need to introduce any changes and that the merger process does not change the terms of the existing cooperation.
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
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
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
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
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
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 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
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.
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,
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
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 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 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.
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 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
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
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.
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
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
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
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.
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
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
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
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.
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.
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
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
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
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.
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
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
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
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
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
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
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
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.
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.
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 –
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. 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
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
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.
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.
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
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
Paweł Olechnowicz, Chairman of the Board of Directors of Central Europe Energy Partners A common perspective on the future of the European energy sector is emerging very slowly. In its development it is necessary to be both creative and responsible
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
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
During the first half-year 2013, LOTOS put down solid foundations for its ambitious 'Efficiency and Growth 2013-15' programme.
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
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.
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
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
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
Jakub Kurasz and Tomasz Furman talk to Paweł Olechnowicz, Grupa Lotos CEO.
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.
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.
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
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
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
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
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
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
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.
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.
Grupa LOTOS S.A. supervisory board considers company’s economic situation stable. LOTOS cash-flow is not endangered by any circumstances.
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