Rompetrol expands strongly in the Republic of Moldova
Rompetrol Moldova, a subsidiary of KMG International, opened 10 fuel stations in the first semester, operating now a network of…
KazMunayGas sells French fuel distributor Dyneff
The state company KazMunayGas from Kazakhstan, owner of the Petromidia refinery at Năvodari sells the fuel distributor Dyneff from France,…
KMG invests another 18 million dollars into Rompetrol chain
KMG International will invest through Rompetrol Downstream about 18 million dollars by the end of 2015 into expanding its retail…
Ministry of Finance will combine royalties with a tax on profits from Upstream
The future system of royalties in the field of hydrocarbons, which should enter into force by the end of this…
KMG Memorandum ready in July, payments in 6-7 months
###author### The investments planned for the special fund created by KMG International with the Romanian state will be made next…
Rompetrol Rafinare increases its revenues and reduces losses
Rompetrol Rafinare increases its revenues and reduces losses Rompetrol Rafinare, a member company of KMG International, recorded a USD 4.33…
In Romania 66 new fuel stations were opened in 2014
Fuel distribution market is becoming increasingly competitive, in the first six months of the year 66 new fuel stations appeared,…
16 oil and gas companies open dialogue for the future of Romanian O&G industry
Romanian Petroleum Exploration and Production Companies Association – ROPEPCA have been officialy launched with a Open Media Day. “Our mission…
Rompetrol expands by 9 stations the fuel distribution network in Georgia and Moldova
Rompetrol Georgia and Rompetrol Moldova, subsidiaries of KMG International, opened 9 new stations from the beginning of the year, increasing…
The extra duty on fuel makes some types of gasoline to cost over 6.8 RON/liter
The introduction on April 1 of an additional fuel excise of 7 eurcents on every liter of fuel purchased, which…
Energy and gas bills without the tax on special constructions in 2014
The 1.5% fee on special constructions introduced from January 1st will not be put by distributors of gas and power…
Rompetrol to invest 350 million USD, out of a 1 bln. USD fund, after takeover from state
Rompetrol has taken “all needed measures” to invest USD 350 million in Romania, in the Petromidia central and into extending…
