Marek Strzelecki

European energy firm Varo Energy is in talks to acquire Preem's two Swedish refineries in a bet on growing demand for low-carbon biofuels, four industry sources told Reuters.

Poland signed a $4 billion loan under the United States' Foreign Military Financing program that will help finance the transformation of its armed forces, the Polish defence minister said on Thursday.

Shareholders of Poland's Orlen backed a resolution on Monday allowing the company to seek compensation from 13 former top executives including ex-CEO Daniel Obajtek for financial losses the refiner suffered during their term.

Poland is planning to assign new areas for offshore wind farms in the Baltic Sea and is drafting additional measures to boost the security of its critical energy infrastructure, government officials said on Wednesday.

The Polish government will extend its freeze on household energy prices for the first nine months of 2025, a draft bill adopted by the Cabinet showed on Tuesday.

Tens of thousands of Poles including nationalist opposition chiefs walked through Warsaw on Monday in an annual Independence Day event held by the far-right, some shooting red flares and carrying anti-EU, anti-Ukraine and white supremacist banners.

Polish oil refiner Orlen will not continue with its Olefins petrochemical project in its current form and will decide by December between "optimising", suspending or terminating the investment, the company said.

Polish oil and gas company Orlen said on Tuesday its Olefins petrochemicals project will not generate positive cashflow in future as it again wrote down the value of the flagship investment started by the group's former management.

European power grid network ENTSO-E said on Tuesday it plans to increase export capacity to Ukraine and Moldova to 2.1 gigawatts (GW) from Dec. 1.

A Warsaw court on Tuesday ordered a former executive of the Swiss trading unit of Polish oil refiner Orlen to be detained for three months as part of an investigation into oil deliveries worth nearly $400 million the company never received.