Orlen Lietuva EN

  • Uncategorized

What does Poland’s political upheaval mean for Lithuania?

The nationalistic Law and Justice party that recently came into power in Poland has been eyed warily by neighbors and…

9 years ago
  • Energy

Russian oil to again feed Orlen Lietuva oil refinery in Mažeikiai

Russian oil will be once again supplied to the Orlen Lietuva oil refinery in Mažeikiai as the new head of…

9 years ago
  • Economy

Orlen Lietuva delivers good financial results following restructuring

Orlen Lietuva benefits from restructuring and very favourable macroeconomic conditions. Production capacity utilisation reached 86 percent in the second quarter…

9 years ago
  • Economy

Prospects for Lithuanian exporters improving, DNB says

Bank DNB analysts say that it is clear when evaluating Lithuania's short-term export prospects that the first six months of…

9 years ago
  • Economy

Orlen Lietuva says authorised capital reduction will not affect solvency

Petroleum company Orlen Lietuva responded to concerns expressed publicly by Lithuanian Railways (Lietuvos Geležinkeliai) over the company's finances. Orlen Lietuva…

10 years ago
  • Economy

LNG terminal brings EUR 5.4mn revenue to Klaipėdos Nafta in January

The Lithuanian company Klaipėdos Nafta in January reloaded 632,000 tons of oil products into its storage tanks of oil terminal…

10 years ago
  • Economy

Lithuanian Railways under EC anti-trust scrutiny over dismantling track to Latvia

If the European Commission decides that Lietuvos Geležinkeliai (Lithuanian Railways, or LG) limited competition in the rail market by removing…

10 years ago
  • Energy

PM – Orlen Lietuva to end year successfully

Prime Minister Algirdas Butkevičius says the situation in petroleum refining company Orlen Lietuva, which operated at a loss, has now…

10 years ago
  • Energy

Unsolved dilemma of Orlen Lietuva (Mažeikių Nafta)

The launch of Lithuania’s new LNG Terminal Independence in Klaipėda is cause for celebration as a victory over Russian gas…

10 years ago
  • Economy

Orlen Lietuva improves results amidst pressure of operational costs

EBITDA LIFO result of Orlen Lietuva in the third quarter amounted to USD 54 million and was USD 58 million…

10 years ago
  • Economy

Economy, war and euro: why are Lithuanians so pessimistic?

According to opinion polls, the Lithuanian public is growing increasingly pessimistic about the country's economic outlook. This, says economist Žygimantas…

10 years ago
  • Energy

Orlen Lietuva: Till death do us part

Mažeikiai oil refinery has never been a plum company for the Polish oil refiner PKN Orlen. Now, the situation has…

10 years ago
  • Economy

Orlen Lietuva and workers’ trade union reach agreement

The management of Orlen Lietuva (Orlen Lithuania) and the oil company's trade union on Friday reached an agreement on the…

10 years ago
  • Economy

President Grybauskaitė: Lithuania cannot provide direct subsidies to Orlen Lithuania

Lithuania cannot subsidize privately-owned oil refinery Orlen Lietuva, says President Dalia Grybauskaitė, adding that she expects PKN Orlen, the Polish…

10 years ago
  • Economy

Liberal MP: Government must step in to save ORLEN Lietuva

If there is ever a threat of the oil refinery in Mažeikiai closing down, the government must urgently step in,…

10 years ago
  • Economy

Lithuanian oil refinery under financial strains

The effects of negative macroeconomic climate for oil refining sector and the results of tests for impairment of fixed assets…

10 years ago
  • Energy

Prime Minister Butkevičius: Proposals for ORLEN Lietuva still on the table

Responding to public information about further activities and difficulties experienced by oil refinery ORLEN Lietuva, Lithuania's Prime Minister Algirdas Butkevičius…

10 years ago
  • Energy

Former US Ambassador Keith C. Smith: No one wanted Mažeikių Nafta and Russians tried to take it for free

The Lithuania Tribune spoke to former American Ambassador to Lithuania Keith C. Smith. It was during his term in 1999…

10 years ago