General maintenance of the Petromidia refinery, finalized with success
Rompetrol Rafinare, a member company of KMG International, has successfully completed the maintenance of the Petromidia refinery and has initiated…
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Petromidia
Petromidia: Declining gross margin, but sales kept constant, in 2019
Bogdan Tudorache The refining segment’s financial results in 2019 were negatively affected by unfavorable market conditions, Petromidia’s gross refinery margin…
Rompetrol Bulgaria opened its 56th gas station in the city of Shumen
Rompetrol Bulgaria, a company member of KMG International, officially opened a new gas station in Shumen, town situated 90 km…
General maintenance of the Petromidia refinery, programmed by Rompetrol Rafinare
Rompetrol Rafinare, a member company of the KMG International Group, will stop between March 13 and April 30, 2020 the…
Rompetrol Rafinare, increasing results in the jet fuel segment
Rompetrol Rafinare, a member company of KMG International, has continued to constantly increase its production of Jet A1 – the…
Rompetrol Rafinare optimizes fuel production through modernization and digitization
Rompetrol Rafinare, a member company of KMG International, announced the completion of a 3 million dollars investment, part of the…
Lowest loss for Petromidia, no accidental spills – KMG report
Petromidia Refinery, KMG International Group’s main asset in Romania recorded its lowest technological loss in history, along with its lowest…
Romania has imported oil worth USD 4 billion in 2018, 70% of the refining needs
Romania’s oil imports were 59.4 million barrels, or 71% of the consumption needs of the three refineries Petromidia, Petrobrazi and…
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…
KMG International launched the 18th edition of the Internship Program
KMG International, through its member companies, has launched the 2018 Internship Program, addressed to 160 high-school, license and master degree…
KMG International announces best-ever results since the takeover
KMG International publishes its fourth sustainability report, drafted according to international standards (Global Reporting Initiative G4), and announces the economic,…
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…
KMGI profit grew six times, looks for new opportunites in the Black Sea region
KMG International group, the owner of the Romanian Rompetrol, has made an USD 80 million worth net profit net, last…
15 years of business for Rompetrol in Bulgaria and Moldova
The KMG International Group is celebrating 15 years of Rompetrol brand presence in the Republics of Moldova and Bulgaria. “The…
KMG and Rompetrol: 32 mln. tons of crude through the Black Sea in 10 years
The volume of the unloaded crude by KMG International through the offshore terminal in the Black Sea reached over 32…
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