PKN Orlen

Unipetrol 3Q EBIT loss at Kč 230 mln

Unipetrol wants to up its stake in Česká rafinérská — but is it ready to outbid Gazprom?

Quarterly sales figures for PKN Orlen’s Prague-list Czech refiner up 7% y/y, slightly below market expectations

Unipetrol 3Q loss may erase 2Q gain

Czech top refiner Unipetrol to be deeper in the red in 3Q11 than expected due to the Litvinov shutdown, core operating losses

Brian Kenety 21.10.2011

BIS a NBÚ hlídají proces propojení podniku Čepro s rafinériemi

Porada ekonomických ministrů schválila materiál, jímž startuje proces majetkového vstupu zahraničních rafinérií do české strategické firmy.

Unipetrol mulls closing refining at Czech Paramo

Sluggish demand for petrol and oil products coupled with low demand and prices for asphalt threaten the Paramo refinery in Pardubice  

Tom Jones 18.10.2011

Czech intelligence agency to track Čepro sell-off

Since PM Nečas failed to name reps to talks on the sale of strategic state energy firm Čepro, the BIS intelligence agency has stepped in

Unipetrol board proposes zero dividend

Unipetrol’s nearly debt-free balance sheet would allow for a decent dividend; management want to save cash for investments

Greenpeace: Spolana remains among most polluted Czech sites

Spolana ignored Greenpeace pre-2002 calls to erect flood defences

Communist-era negligence at Spolana — and current methods — may still pose dangers for the Czech Republic, countries downstream

Cizí rafinérie chtějí ovládnout Čepro a Mero. Půjde jim vláda na ruku?

Maďarský MOL, ruský Lukoil i polský PKN Orlen přesvědčují Nečasův kabinet, aby podíly v obou strategických firmách nabídl investorům.

Foreign oil firms eye stakes in Czechs’ Čepro and Mero

MOL (Hungary), Lukoil (Russia) and PKN Orlen (Poland) are pushing Czech PM Petr Nečas to offer up stakes in state-owned oil firms

Unipetrol owner PKN stakes out Ukrainian shale gas

Poland — and Ukraine — could lessen their dependence on Gazprom thanks to shale gas

Ukraine has significant deposits of crude oil and natural gas, including three known petroleum basins

European court erases Unipetrol rubber cartel fines

A European court has dismissed fines against Czech petrochemical firm Unipetrol and rubber unit Kaučuk for participation in a cartel

Key oil refiner Česká raf. threatened with strike

Česká rafinérská nemá kvůli rozepřím akcionářů schválený ani podnikatelský plán na letošní rok.

Employees of Česká rafinérská consider strike action as talks with management on wage rise remain in deadlock

Tom Jones 6.6.2011

Lukoil boss says Czech refineries not a priority

Oil industry veteran and Lukoil co-founder Vagit Alekperov is said to be one of Russian Prime Minister Vladimir Putin’s closest allies in the business world

The largest private Russian oil company’s priorities are consolidation of current refining capacity and expansion in Spain, boss says

Unipetrol ‘ready’ to increase Česká rafinérská stake

Unipetrol wants to up its stake in Česká rafinérská — but is it ready to outbid Gazprom?

Shareholders can’t sell their stakes to third parties at substantial premiums over the fair value; Eni’s stake is worth some $400 mln

Unipetrol nets Kč 464 mln

Unipetrol wants to up its stake in Česká rafinérská — but is it ready to outbid Gazprom?

Prague-listed petchem Unipetrol, the top Czech refiner, ups Q1 net profit 50 percent y/y as higher crude oil prices boost inventory value