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…
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Petromidia
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…
Net income declined (23%) in Rompetrol Rafinare, while the operating profit climbed by 62%
Depressed prices for oil products impacted seriously the net profit made in 2016 by Rompetrol Rafinare, a company member of…
KMGI will rise Romanian refining capacity to 10 million tons a year
The National Company KazMunayGas Kazakhstan and China Energy Company Limited want to increase their refining capacity at 10 million tons…
Transaction between CEFC and KazMunayGas entered the final stage, according to the majority shareholder of Petromidia
The negotiations between the National Company for the oil and gas sector of the Republic of Kazakhstan KazMunayGas KMG (CN)…
Rompetrol makes an important donation following the Petromidia accident
KMG International, through Rominserv member company, will acquire and donate to Floreasca Emergency Hospital – emergency and ICU unit, an…
Petromidia goes under revision, the accident from August 22 gets scrutinized today
Rompetrol Rafinare, part of KMG International notified over the course of last week, the environmental authorities about the beginning of…
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