China’s CEFC eyes big league with Rosneft oil offtake deal
As part of its recent $9.1 billion investment in Russian oil giant Rosneft, little-known CEFC China Energy will have access…
CEFC will close the deal with Rompetrol’s shareholder in a few weeks
China’s CEFC could conclude the process of purchasing 51 percent of the shares of oil company KMG International NV by…
Rompetrol’s shareholder, CEFC, in early talks to buy Rosneft stake
CEFC China Energy, which has grown from a niche oil trader to a sprawling energy conglomerate, is in talks to…
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…
Rompetrol opened its first gas station with electric car charging stations
Rompetrol Downstream, the retail company of KMG International, today inaugurated May 26, the first gas station equipped with electric power…
Rompetrol to invest into a new petrochemical unit in Romania
The investment plan of KMG International (Rompetrol group) includes the opening of a new petrochemical unit, sayd the vicepresident of…
KMG Group ups profits due to Romanian sales increase
In 2016, KMG International, member of the National Oil and Gas Company of Kazakhstan – KazMunayGas, improved its technological performance…
The Financial Intelligencer: Attack on Rompetrol and foreign capital
Romania’s major energy company Rompetrol was on the verge of sale to a Chinese company when the country’s investigative agency,…
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…
KMG and Romanian state’s investment funds comes back to news
The Minister of Energy Victor Grigorescu, announced that the Romanian state, through management company holdings in energy SAPE, will start…