KMG International (Rompetrol) appointed a new management team
KMG International has recently appointed a new management team as part of its strategy to develop, increase efficiency, and consolidate…
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KMGI
KMG: Security of supply of Romania is our main priority
The total investment level of the Romanian-Kazakh FIEKR Fund in energy projects reached USD 290 million, prioritizing the development of…
Yedil Utekov, KMGI: The effect of the crisis will most likely be felt in 2021, too
KMG International found the ability to adapt its strategy, in the pandemic, with employee safety first. This meant the development…
Kazakhstan-Romanian Energy Investment Fund, 10 stations and a new concept in 2020
The Kazakh-Romanian Energy Investment Fund completed the construction of a new gas station in 1 Decembrie – Ilfov and reached…
Rompetrol Rafinare: Declining financial results in H1, due to unprecedented volatility in the oil market
Rompetrol Rafinare, a member company of the KMG International Group, recorded declining financial results in the first half of 2020,…
Rusnac (KMGI): For 2019-2020, we are planning to open about 25 Rompetrol fuel stations
KazMunayGaz International (KMGI) plans to open about 70 Rompetrol fuel stations in the next four years, with the opening of…
Rompetrol reaches about 940 fuel stations, sales up 7%
Rompetrol Downstream, the retail division of KMG International Group in Romania, has opened a new station under the Rompetrol Partner…
High-tech solutions for Rompetrol Rafinare’s transports
Rompetrol Rafinare, a member of the KMG International Group, together with its main partner for domestic rail transport, Romanian Rail…
Romanian-Kazakh Fund approved two projects worth 230 mln. USD
The Board of Administration of the Romanian-Kazakh Energy Investment Fund met last week on their first working meeting since the…
KMGI and SAPE launched the Kazakh – Romanian Energy Investment Fund with two projects in pipeline
KazMunayGas International (KMGI) and Societatea de Administrare a Participațiilor în Energie (SAPE) which is owned by the Ministry of Energy…
6-times increase in net profit for KMG International in H1 2018
The KMG International Group has recorded USD 30.6 million in net profit as compared to a level of USD 5.2…
Rompetrol Rafinare, increase by 27% of raw materials processed in the first half of 2018
Rompetrol Rafinare, member of KMG International, recorded in the first half of this year an increase by more than 50%…
Rompetrol inaugurated its first EV charging station in Bacau
Rompetrol Downstream, the retail division of KMG International Group in Romania, inaugurated its first e-car charching station in Bacau. This…
The transaction between KMGI and CEFC has failed
The deal for the takeover of 51% of the shares of the oil company KMG International NV, the former Rompetrol…
KMGI EBITDA up 12%, Petromidia sales to non-group grow 40% in Q1
This year’s first quarter brought an improvement for KMG International, in terms of its operational and financial results, in the…
KazMunayGas renews the idea of Investment Fund and the Petromidia cogeneration plant proposals
The Chairman of the Management Board of KazMunayGas (KMG), the National Gas and Petroleum Company of Kazakhstan, Sauat Mynbayev, met…
KMGI extended a 360 mln. USD credit line by 2021
The KMG International Group (KMGI) has amended and extended its USD 360 million multicurrency revolving credit facility on Friday, 20…
Kazakh KMG sees sale of stake in KMGI to CEFC by end-June
KazMunaiGas’s deal to sell 51 percent of its Romanian business KMGI to China’s CEFC is still going ahead but has…
KMGI to expand fuel station network in Romania and Bulgaria
Oil refiner KMG International (KMGI) wants to open more petrol stations in Romania and Bulgaria and is on the lookout…
Romania approves China Energy bouyout of Rompetrol
KMG International Group (KMGI) announces the recent decisions of the Romanian authorities approving the transaction signed at the end of…
KMGI plans to invest billions of dollars in Romania, funded by China Energy Company
KazMunayGas International plans to make billions of dollars worth investments to improve assets in Romania, but also to acquire new…