Polski Koncern Noftowy signs with BP, Shell and Lukoil Polska
Oil heavyweights Shell Polski, BP Europe and Lukoil Polska have entered into an agreement with Polski Koncern Noftowy for the sale of gasoline and diesel oil.
Oil heavyweights Shell Polski, BP Europe and Lukoil Polska have entered into an agreement with Polski Koncern Noftowy for the sale of gasoline and diesel oil.
Polski Koncern, based in Poland, announced contracts with the three suppliers to market oil for the next year.
The company estimated the total estimated net value of the agreement with the arm of BP at 6.75bn Polish Zloty. BP shares jumped 0.48% to 450.85p at 12:20 Tuesday.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The total value of the agreements signed between Polski Koncern and its subsidiaries with BP group and its companies from May 5th 2012 to January 8th, 2013 amounted to 8.55bn Polish Zloty.
The one-year agreement with Shell's Polish business was estimated at a total net value of 2.3bn Polish Zloty while the deal with Lukoil Polska was put at 1.55bn Polish Zloty.
All three contracts take effect from January 1st to December 31st.
RD
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
The biggest fossil fuel financing banks – is yours on the list?
You may not know it, but your savings could be being used to finance the fossil fuel industry. We look at the banks with the best and worst climate policies.
-
The private equity puzzle
Listed private equity trusts still trade at large discounts, despite sales that validate their valuations