LOTOS

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  • DCU slated for completion in H1 2019
    EFRA 2018-11-02 DCU slated for completion in H1 2019

    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 financial effects of the EFRA facilities are expected to show in the Group’s consolidated financial results for Q4 2019.

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  • LOTOS posts solid quarterly results
    General 2018-10-30 LOTOS posts solid quarterly results

    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.

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  • LOTOS brings its rail transport on new track. The company plans to build hybrid drives for two locomotives
    General 2018-10-10 LOTOS brings its rail transport on new track. The company plans to build hybrid drives for two locomotives

    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 in one locomotive and hydrogen in the other.

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  • Another LOTOS project with EU funding
    General 2018-10-08 Another LOTOS project with EU funding

    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, worth almost EUR 10m, is to be placed in service in 2021.

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  • Adam Kasprzyk appointed spokesperson for LOTOS
    General 2018-10-03 Adam Kasprzyk appointed spokesperson for LOTOS

    Since October 1st, the spokesperson for Grupa LOTOS S.A. has been Adam Kasprzyk, who filled a vacancy which existed since November 2016.

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  • LOTOS builds second Polish gas pipeline in the Baltic Sea
    General 2018-10-02 LOTOS builds second Polish gas pipeline in the Baltic Sea

    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 with concrete mattresses. The task is being performed by Sylur, a multi-purpose vessel.

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  • Appointment of Management Board member
    General 2018-09-10 Appointment of Management Board member

    Jarosław Wittstock, manager with nearly 25 years of experience, was appointed to the Management Board, Vice President for Corporate Affairs.

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  • LOTOS at Offshore Northern Seas again
    Upstream activity 2018-08-27 LOTOS at Offshore Northern Seas again

    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 2018. LOTOS stand presents the Group’s activities in oil and gas exploration and production. ONS is a biennial event, held in Stavanger since 1974.

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  • LOTOS reports strong performance in H1
    General 2018-08-09 LOTOS reports strong performance in H1

    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 from countries other than Russia. Despite lower refining margins and depreciation of the US dollar against the złoty, the LOTOS Group generated a consolidated LIFO-based EBITDA of almost PLN 1.4bn.

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  • Robert Kubica endorses Dynamic brand
    Market activity 2018-06-12 Robert Kubica endorses Dynamic brand

    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 synthetic, fuel-saving and technologically advanced engine oils, across the LOTOS retail chain.

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