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4.8

Orlen loses hundreds of millions on Venezuelan oil trades under PiS

Polish state-controlled refiner Orlen reportedly lost a fortune on Venezuelan crude deals brokered in the final months of the PiS government, when Daniel Obajtek led the company. The claim, from Gazeta Wyborcza, alleges poor due diligence and political influence in a non-core trade. If confirmed, it signals governance failures and potential financial losses at a key state energy firm, with implications for Polish energy security and political accountability.

Gazeta Wyborczaabout 16 hours agoPL, VECredibility 42%View source

Score Breakdown

Mosaic Score4.8
Model confidence0.3
Significance0.5
Source credibility0.4

Intelligence Tags

Locations

PolandVenezuela

Entities

countrycountry
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