KMG International
Chinese company takes over 51% of KMG International, former Rompetrol Group
KazMunayGas (KMG) and China Energy Company Limited (CEFC) signed Friday, April 29, the documents for setting up a joint venture…
KMG International: We are eager to finalize rapidly negotiations with China Energy Company
KMG International (ex Rompetrol Group) wants to complete rapidly the negotiations with China Energy Company (CEFC) “to be bigger and…
KazMunayGas receives a lower rating from Standard & Poor’s
The credit rating Agency Standard & Poor’s (S&P) has downgraded the ratings of five Kazakh state-own companies, including KazMunayGas, which…
KMG International is reconfirming its commitments assumed in the Memorandum
Following public announcement during the last days of Kazakhstan National Oil & Gas Company KazMunayGas intention to constitute and develop…
Chinese company could take control of KMG International
UPDATE – reaction from Energy Minister Shortly after the appearance of this news, Energy Minister Victor Grigorescu made the following…
KMG International opened 6 stations in Republic of Moldova in 2015
KMG International, through the subsidiary Rompetrol Moldova, completed the modernization works of the most modern distribution station in the network,…
KMG International will operate 20% of an oilfield production in Kazakhstan
The KMG International Group, through KMG Trading, managed on behalf of KazMunayGas, the process of selecting Vitol, as the company…
Petromidia refinery, restarted after turnaround completion
Rompetrol Rafinare, a member company of KMG International, has resumed its production activity at Petromidia refinery and petrochemicals division after…
Kazakhstan will privatize KMG, the owner of former Rompetrol Group
Kazakhstan offers to sell stakes in the largest state companies, including KazMunaiGas (KMG), the former owner of Rompetrol Group, after…
KMG International made profits of 11.4 million dollars to nine months
KMG International (former Rompetrol Group) recorded in the first nine months a net profit of 11.4 million dollars, compared to…
The government approved the strategy of selling shares in Rompetrol Rafinare
The sale strategy of the part of state-owned shares in Rompetrol Rafinare S.A. Constanta was approved Tuesday by the Government,…
EBITDA of 82 million dollars at six months for KMG International
KMG International recorded in the first half of this year an increase of about 28% of the operational result (EBITDA),…
Rompetrol Rafinare invests a further 11 million dollars into environmental protection
Rompetrol Rafinare, a KMG International member-company, has invested over 11 million USD for putting into operation the first electrostatic precipitator…
Rompetrol SA, member of KMG group, calls for insolvency procedure
Update: The insolvency application filed by Rompetrol SA was rejected by the Bucharest Tribunal; the decision can be challenged by…