Commissioner Margrethe Vestager, in charge of competition policy, said: 'The proposed acquisition of Lotos by PKN
Orlen would affect several strategically important energy markets.
Ibrahim Al-Buainain and Executive Director of Trading Grzegorz Markiewicz from PKN
The agreement paves the way for a further expansion of Saudi Aramco's well established partnership and collaboration strategy while diversifying PKN
's crude oil supplies and securing new outlets for their products, it stated.
The buyout, set at a price of 380 crowns per share, would also end a period of uneasy relations with minority shareholders, led by 20 per cent owner Paulinino, part of the Czech-Slovak investment group J&T, which has questioned PKN
Orlen's strategy and sought higher dividends.
However, according to WBJ website 'Poland's largest oil group PKN
Orlen is not selling its Lithuanian refinery, Orlen Lietuva, to KazMunayGaz, the company's executive director, Andrzej Koz?owski said on Twitter.
According to two sources quoted by Bloomberg, PKN
Orlen will open the books for the debt sale on 23 February.
Bu calismanin amaci, ust uriner sistem obstruksiyonlarinda radyonuklid calismanin tanisal degerini prospektif olarak, perkutan nefrostomi (PKN
) oncesi ve sonrasi biyokimyasal verilerle karsilastirarak degerlendirmektir.
Summary: Poland's top oil refiner PKN
Orlen is interested in taking over exploration licenses held by Ukrainian gas company Naftogaz in Libya, Polish daily Dziennik reported Friday.
Dirty Dancing star Patrick Swayze is one of many investors to be hit by the sudden cancellation of Ajman's $1 billion PKN
Princess Resort, announced on Sunday.
Poland's state-owned oil processor PKN
Orlen received EU permission to buy Czech public petrol firm Unipetrol on April 20.
Principal Polish oil group PKN
Orlen announced on January 21 a halt to crude delivery by Geneva-based Petroval, main broker for oil sales by Russian company Yukos.