Polish oil giant unveils long-term green strategy

Poland’s largest state-owned oil refiner, PKN Orlen, had pledged to invest more than EUR 30 billion (USD 36 bn) over the next 10 years as the group shifts to clean energy sources.

PKN Orlen CEO Daniel Obajtek.

Photo: PAP/Radek Pietruszka

CEO Daniel Obajtek said on Monday: “Our mergers and restructuring are not being carried out to lay anybody off, but to find business alternatives so that people don’t lose their jobs in 10 to 15 years. That is why transition processes are ongoing both in petrochemicals and zero-emission energy.”