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Orlen prepaid $230M for Venezuelan crude. The dollars became USDT on USB drives in Caracas, and the oil never sailed.
The 14 companies will work together on offshore wind, hydrogen, LNG, carbon storage and SMRs.
International energy terminal operator KN Energies has joined the Baltic Energy Initiative initiated by ORLEN, bringing together 14 energy companies and organisations from nine Northern and Central European countries. The new partnership will pool the region’s energy-sector expertise and capabilities to develop joint projects aimed at strengthening energy security, infrastructure resilience and the competitiveness of the Baltic Sea region. The Baltic Energy Initiative will serve as a platform fo
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